The real estate mezzanine investor has closed its High Yield Partners II Fund on $243m. The vehicle will originate mezzanine loans and invest in preferred equity positions.
1 min read · 21 January 2013
The New York-based private equity real estate firm has raised €3.1bn to date for its third European vehicle, according to regulatory filings.
1 min read · 21 January 2013
The Pennsylvania-based fund of funds has raised more than $75m for the fund, Penn Square Global Real Estate Fund II, according to regulatory filings this week. The firm’s first fund closed last year on $231m.
1 min read · 21 January 2013
The multifamily investor has closed its second value-added fund after eight months of fundraising. One investor committed $75m to the vehicle.
1 min read · 21 January 2013
Norway’s ministry of finance has signalled its intention to delay its real estate investment plans as global market conditions continue to deteriorate. The €267bn pension has allocated 5% to real estate, but said it will not impose a 'fixed investment plan' in the current environment.
2 min read · 21 January 2013
Prupim has joined other large British landlords such British Land and Capital & Regional in trying to ease the cash-flow problems of their retailers. It follows a high profile campaign by retailers for rent to be paid monthly, rather than quarterly.
2 min read · 21 January 2013
VinaCapital, the Vietnamese asset management, banking and real estate consultancy, is putting the finishing touches on its second dedicated property fund. The fund will be fully privately funded, unlike the firm's first opportunity fund.
1 min read · 21 January 2013
With LPs struggling to balance declining distributions against pending capital calls, a report by Clerestory Capital shows 32 fund managers in market over the past six months chose to stop or put fundraising efforts on hold. Among the worst hit were funds targeting India and China.
2 min read · 21 January 2013
At a special breakfast meeting, PERE assembled a cross-section of industry participants to swap notes on MIPIM and their businesses. By Robin Marriott and Jonathan Brasse. PERE Magazine, April 2009 issue
8 min read · 21 January 2013
PERE Magazine, April 2009 issue
2 min read · 21 January 2013
