Over the past two decades, The Townsend Group, led by co-founder Terry Ahern, has become one of the largest institutional real estate consultants in the world. Here he talks with PERE about the need for top-down investment strategies, his previous life as a lawyer and how the TV show Charlie's Angels influenced his career in real estate. By Paul Fruchbom Photos by Phyllis Christopher
10 min read · 23 January 2013
Morgan Stanley's $300 million sale of Vicwood Plaza, a Hong Kong office tower, has generated a healthy return for the US investment bank.
2 min read · 23 January 2013
A group of real estate professionals recently gathered in New York City to discuss the Indian property market. While the participants are eager to get involved, they also expressed some caveats. By Aaron Lovell
5 min read · 23 January 2013
Macquarie's second European opportunistic vehicle has made its first investment—in a continental sale and leaseback deal.
2 min read · 23 January 2013
Following a year of increased commitments, ING Real Estate has appointed a new chief executive officer for development.
6 min read · 23 January 2013
Private equity has had a great run investing in UK pubs, but can the trend continue? By Philip Borel
5 min read · 23 January 2013
Pinnacle Entertainment ups the ante in a fierce bidding war for the casino operator, showing the renewed aggression of corporate buyers.
2 min read · 23 January 2013
Mike McCook charted a new course in real estate investment for the state retirement system. Will his successor continue his strategy?
6 min read · 23 January 2013
The North Carolina-based firm is building the first “greenhome” in a suburban area—and one of its directors will be its first resident.
2 min read · 23 January 2013
Opportunity fund managers are increasingly spinning out of larger institutions to launch their own private equity real estate firms. Will their solo acts strike gold? By Paul Fruchbom
5 min read · 23 January 2013
