As some LPs actively seek to liquidate their real estate assets in the secondaries market, other more well capitalised limited partners are eyeing the sector as a potential investment opportunity. However with so much uncertainty in the market, the task of underwriting those positions is now much more daunting. PERE Magazine December 2008/January 2009 issue.
5 min read · 21 January 2013
From January 2009, Apollo Real Estate Advisors will be known as Area Property Partners. Senior partner Lee Neibart explains the change and where Area's focus will be in the future. PERE Magazine December 2008/January 2009 issue
6 min read · 21 January 2013
Though investment by domestic firms in Chinese real estate rose dramatically in the first half of 2008, investment by foreign firms fell sharply. Have Western investors fled from Chinese real estate for the time being? PERE Magazine December 2008/January 2009 issue
3 min read · 21 January 2013
Luke MacKenzie has joined the London advisory firm at a time when demand is set to grow for property debt restructuring experts. PERE Magazine December 2008/January 2009 issue
2 min read · 21 January 2013
Why the temporary halting of redemptions by German open-ended property funds is not good news for private equity real estate. PERE magazine December 2008/January 2009
3 min read · 21 January 2013
Gary Stevens is suing his former employer, Landmark Partners, for breach of contract amid allegations the firm failed to keep a promise over compensation. PERE magazine December 2008/January 2009 issue
3 min read · 21 January 2013
While most people cling to their jobs during an economic downturn, some private equity real estate players opt to do the opposite by spinning out from their existing firms. It has a lot to do with carry. PERE Magazine December 2008/January 2009 issue
3 min read · 21 January 2013
The European niche investor bought the stricken UK tea and coffee retailer for an undisclosed amount from Icelandic seller Baugur Group.
1 min read · 22 January 2013
The Pension Benefit Guaranty Corporation, which guarantees the pensions of about 44 million Americans, has hired gatekeepers as it prepares to allocate a portion of its $5.5bn in assets to private equity and real estate.
1 min read · 22 January 2013
Sullivan, Ward, Asher & Patton attorney, Laurence Smith, and the founder of Heller-White Hotel Management, Mitchell Heller, are raising their first private equity real estate fund focused on hospitality developments in Hawaii. The 10-year fund is targeting IRRs of more than 20%.
2 min read · 22 January 2013