- Earnings Roundup: Nov. 25
- TiVo Reports Quarterly Loss but Matches Forecasts
- Heinz, Hormel Optimistic About Sales in 2010
- Earnings Roundup: Nov. 24
- Analog Devices Results Beat Expectations; Shares Rise
- Hewlett-Packard Profit Rises, Matches Guidance
- Tyson Food Profit Beats Estimates
- Earnings Roundup: Nov. 23
- Earnings Roundup: Nov. 20
- Intuit Posts Narrower-Than-Expected Loss
- FDIC's Bair Cautions on Risks in Bank Break-Up Plan
- Wednesday's Economic News Crunch Could Tilt Markets
- Call Me Crazy: Confessions of a Black Friday Shopper
- US Firms Hit by Payroll Taxes at Exactly the Wrong Time
- Citi Mortgage Reveals Something the US Treasury Won't
- Fed Sanguine About US Recovery, Worried on Jobs
- Amended Berkshire Filing Reveals No 'Secret' Holdings
- Holiday Guide to This Season's Smartphones
- In Time for Holidays: More Gloom and Doom on Economy
- Citi Mortgage Reveals What Treasury Won't
- S&P to Hit 1,200 by Year-End: Chief Investor
- Amended Berkshire Hathaway Filing Indicates No Secret Stock Stakes at End of Q3
- Facebook's Biggest-Ever Holiday Shopping Season
- Facebook's New Dual Class Structure - Slow Steps to an IPO
- 5 Big Bank Stocks Investors Should Consider: Strategists
- Gambling Drunk, Texting to Live And America's On Sale - Your Emails
- Nov. 24: Unusual Volume Leaders
- NBA D-League On The Rise
MOST SHARED
- The 'Real' Jobless Rate: 17.5% Of Workers Are Unemployed
- Wednesday's Economic News Crunch Could Tilt Markets
- NBA D-League On The Rise
- Trading Block
- Australia Wheat Exporters Face Challenges: GrainCorp
- Japan Export Rebound Eases Fear of New Recession
- Ron Paul's Plan to Audit Fed a 'Serious Attack': Mishkin
- The Social Media Gaming Threat
- Australia's Economy Upswing to Last Years: Central Banker
- Cramer’s Christmas List
Text Size 
Morgan Stanley has raised an $8 billion real estate fund through its property arm to focus on North America, Europe, the Middle East and Asia.
Morgan Stanley [MS
Loading...
()
] said the fund had buying power of more than $30 billion. It invested about 20% of the total equity and said the fund's portfolio would include real estate assets and companies from developed and emerging markets including China, India, Russia and Latin America.
Target developed markets include Japan, Western Europe and Australia.
Morgan Stanley has been an active investor in Asia's booming property markets, targeting Japan, China and more recently, India.
In April, it agreed to buy 13 hotels and two property management units from Japanese airline All Nippon Airways for $2.4 billion in Asia's biggest hotel deal.
Morgan Stanley, which issued a statement late on Wednesday night in New York, called it the largest ever real estate fund, although sources familiar with the matter told Reuters in February that U.S. private equity firm Blackstone Group was raising a $10 billion property fund.
Morgan Stanley Real Estate, which focuses on investing, banking and lending in the property sector, has bought $83.5 billion of real estate assets globally through its funds.
It also closed a $1.75 billion U.S. fund last year.
Print
Email
- Remember when auto shows were major events where new models could generate buzz?
- CNBC’s Mike Huckman visits a cutting-edge plant to see how the flu vaccine of the future is being made.
- People who bottle up their anger at work are up to five times more likely to suffer a heart attack, a study found.
- Playboy will outsource its publishing operations in a bid to become profitable again.
- A new McDonald's in Manhattan is the nation's first to sport a sleek, chic interior imported from stores in London and Paris.
- For nearly three decades, these on-call experts have been dishing advice on how to – and not to – cook turkey.
Data is a real-time snapshot *Data is delayed at least 15 minutes