The online news service of PERE magazine celebrated the registration of its 10,000th user today – a US-based real estate acquisitions professional – by awarding a free pass to the upcoming PERE Forum in Hong Kong.
1 min read · 21 January 2013
The Fides Real Estate Direct Lending and Distressed Opportunity Fund will launch next month in search of up to $300m. The fund is led by Hagop Sargisian and Jose Quesada.
1 min read · 21 January 2013
The Dubai-based fund manager plans to launch three funds targeting the Middle East’s real estate markets in 2009. To help with the task, AREIT has hired former Landmark Real Estate Investment Management CEO Chris Purdon.
1 min read · 21 January 2013
Almost a third of all value-added and opportunistic real estate vehicles closed in 2008 were targeting the Asian property markets, according to proprietary data from PERE magazine.
1 min read · 21 January 2013
AIG Global Real Estate, the property investor and fund management arm of global insurance and financial services company AIG, is planning the sale of its fund management business. Financial details were not disclosed.
1 min read · 21 January 2013
The German fund manager says it has had to prolong the period of suspending redemptions on one fund, while it is able to lift suspensions on another.
1 min read · 21 January 2013
Blackstone, Lone Star, Cerberus, Goldman Sachs and Nomura Bank are reportedly among those registering their interest in Lehman Brothers real estate debt units, Lehman Brothers Commercial Mortgage KK and Sunrise Finance.
1 min read · 21 January 2013
LaSalle Investment Management is vying to replace Blackstone as Global Firm of the Year in the PERE Awards. You still have time to cast your votes for this and other 2008 Global PERE Awards categories.
2 min read · 21 January 2013
Wall Homes, the Warburg Pincus-backed homebuilder, has filed for Chapter 11 bankruptcy protection blaming falling home sales in Texas and the credit squeeze. Warburg Pincus’ eighth buyout fund is owed $42m.
2 min read · 21 January 2013
The real estate buyout arm of Lehman Brothers, Lehman Brothers Private Equity Real Estate, has attracted more than 100 expressions of interest for its fund positions and the group operations. Lehman is running a formal bidding process to assess options for the divison. An announcement is expected in Q1.
2 min read · 21 January 2013
