Federal investigators are looking into possible illegal payments made to influence investment decisions at US pensions, including to placement agents.
1 min read · 24 January 2013
Last week, PERE reserved one morning amid a frantic schedule at the MIPIM property show in Cannes to lay on breakfast for winners of the 2009 PERE Awards. Here is what our co-host at Freshfields Bruckhaus Deringer had to say.
2 min read · 24 January 2013
The window of opportunity for real estate investors will be short, as the gridlock facing property markets across the US starts to loosen this year.
2 min read · 24 January 2013
New York-based Och-Ziff Real Estate has partnered with Hard Rock International to develop a $300m hotel and casino in Atlantic City. Och-Ziff has reportedly scaled down its original plans for the land.
2 min read · 24 January 2013
The Chinese government has prohibited real estate development by state-owned business for which real estate is not their core business. The move was welcomed by the private equity real estate sector.
2 min read · 24 January 2013
John Herbert continues love affair with global banks and their real estate activities
2 min read · 24 January 2013
In its latest high profile purchase, the National Pension Service of Korea is to acquire Berlin’s landmark Sony Centre from Morgan Stanley’s sixth global real estate fund.
2 min read · 24 January 2013
The private equity and real estate giant is reportedly to offload a majority share of its £1.4 billion (€1.56 billion; $2.1 billion) UK leisure business, Center Parcs.
1 min read · 24 January 2013
The sun has set on the annual MIPIM property show in Cannes on the French Riviera. Here are some key takeaways from the week-long event, which ended on Friday
3 min read · 24 January 2013
The private equity real estate arm of Leon Black’s buyout shop has garnered $107m for its securitised debt vehicle, on top of $317m for its mortgage REIT.
2 min read · 24 January 2013