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Christie Ou

Country Garden Asset Management Company, the investment arm of Chinese real estate developer Country Garden, has raised RMB3 billion ($442 million; €403 million) for a distressed fund, according to Real Estate Capital's sister publication, Private Debt Investor.
The improvement in the credit environment is putting Chinese real estate developers in a better position to secure funding, but potential risk factors continue to exist, especially for smaller developers, according to a CBRE report.
Altico Capital, the non-banking financial company of Clearwater Capital Partners, has lent Rs 300 crore (€40 million; $45 million) to Kurman Urban to fund KUL Ecoloch, a residential project in Pune.
The proceeds will be used to refinance the trust's existing loan facility.
Hong Kong-based Regal Real Estate Investment Trust (Regal REIT) has announced that its wholly-owned subsidiaries, Bauhinia Hotels Limited and Rich Day Investments Limited, have secured a HK$5.5 billion (€632 million; $710 million) revolving loan facility with nine local and international banks and financial institutions.
US fund giant Invesco has provided an A$150 million ($113 million; € 101 million) senior secured loan to AMP Capital to finance a high-rise residential project in Australia.
The Korean institutional investors have shown growing interest in the distressed real estate market in Europe.
CBRE Global Investors announced two internal promotions in its EMEA organisation.
The real estate manager continued its latest wave of senior management appointments with the latest hire of Tammy Kuan from Morgan Stanley.
The asset manager is making its second investment into Logix Group, the Indian developer of IT parks and IT Special Economic Zones.
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