The $23 billion Employees Retirement System of Texas is looking to allocate eight percent of its pot to real estate, just as other US pensions are committing fresh capital to private equity real estate vehicles.
4 min read · 22 January 2013
In the view of Sun Capital, Cerberus and Lubert-Adler, separating the real estate assets of a US department store from its operating company was a sound financial move. The bankrupt retailer begs to differ. Now a court must decide who's right.
3 min read · 22 January 2013
As Apollo Real Estate and ING clarion have shown, subsidized housing in New York City is the biggest game in town. Forget about the red tape – the hardest part is finding and winning these prized assets. By Eva Poon
9 min read · 22 January 2013
The world of private equity real estate—not a huge community to begin with—is getting smaller as more and more US-based firms look at ways they can take their strategies to Europe and beyond. By Aaron Lovell
6 min read · 22 January 2013
Student halls are not just hangouts for undergraduates these days. As some highprofile London projects have shown, student accommodation has become an attractive asset class for private equity real estate investors in the UK. By Robin Marriott
8 min read · 22 January 2013
Finland has seen ten years of economic growth, which has translated into robust consumer demand. With a dearth in retail properties, there is opportunity for new development—but it takes a lot of local knowledge to be successful. By Dave Keating
7 min read · 22 January 2013
Johan Bergman is a big name in Nordic real estate. As the managing director for Niam, the largest private equity real estate firm focused on Northern Europe, Bergman knows the market inside and out. Niam's first fund in the late 1990s was also the first Swedish property fund ever launched. Today, its first two residential funds have been fully divested and the firm has closed its latest fund, Niam Fund III, which has a larger mandate for other sectors and an investment capacity of more than €1.8 billion. The vehicle has so far invested in Sweden, Finland and the Baltics and the firm has been raising its fourth vehicle since early this year. We spoke with Bergman at Niam's Stockholm headquarters about the ways the firm is able to add value to its properties in the Nordic region.
6 min read · 22 January 2013
With a thriving economy, the Nordic region has seen a rush of investment over the past several years. But as the stellar yields of three years ago have fallen, investors are starting to look at new strategies for growth. By Dave Keating
10 min read · 22 January 2013
Comprised of some of the most successful economies in Europe, the Nordic region continues to attract investors with its stable, low-risk profile. PERE travels north to speak with fund managers making waves in the market.
3 min read · 22 January 2013
During his years at Cerberus as head of real estate in Germany, Ralph Winter oversaw billions of euros worth of acquisitions. Having launched his own firm, Corestate Capital, Winter talks with PERE about his firm's strategy, the current investment climate and how to choose the right name. By Robin Marriott
8 min read · 22 January 2013
