PERE Magazine, April 2009 issue
2 min read · 21 January 2013
The Las Vegas-based real estate investment firm is raising its debut fund to take advantage of a short-lived period during which homebuilders are unloading properties at deep discounts. The firm says it plans to take advantage of a tax rebate window. The fund will have a lock-in period of just one year after the final close.
2 min read · 21 January 2013
The Darien, Connecticut-based funds of funds manager has closed its third property vehicle on $146.5m and its fifth private equity fund on $1.05bn.
1 min read · 21 January 2013
The Chinese sovereign wealth fund has committed to the bank's latest global property fund, according to reports. Morgan Stanley Real Estate Fund VII Global is likely to close at $6bn, not its original $10bn target.
1 min read · 21 January 2013
The Kuwait Projects Co. plans to raise its first private equity fund, ‘market conditions permitting’, that would invest in sectors including real estate and financial services.
1 min read · 21 January 2013
While office occupancy costs dropped in most of the world, The Middle East and Africa as well as Central and Eastern Europe saw cost per workspace per annum increase by 28% and 11% respectively in 2008.
2 min read · 21 January 2013
The first-of-its kind bid to lease an entire port’s operations for a $500m upfront cash payment and ongoing capital commitments has triggered a 120-day period during which the authority will accept competing proposals. Interest from competing bidders is said to be strong.
3 min read · 21 January 2013
The Washington DC-based private equity firm is reportedly on course to close its $1bn Carlyle Asia Real Estate Partners II fund in the second half of the year. It has raised $500m to date according to reports.
1 min read · 21 January 2013
The move by the German Financial Markets Stabilisation Fund (SoFFIN) is a prelude to full nationalisation.
1 min read · 21 January 2013
London based Catalyst Capital has held a final close on €228.5 million for its maiden third-party European fund. It is scouting opportunistic deals in major cities in major continental European cities.
1 min read · 21 January 2013
