A special report in PERE magazine reveals a secretive firm that is building out its franchise in Asia and Central and Eastern Europe. The real estate investment arm of Goldman Sachs’ fundraising prowess has been undeterred by some LPs who see a dizzying array of fees cutting into net performance.
2 min read · 22 January 2013
The McLean, Virginia-based firm has swooped on GE veteran Karim Habra as well as Christopher Zeuner and Petr Kosar to boost activities in Central and Eastern Europe.
2 min read · 22 January 2013
Investors should look beyond ‘volatile’ short-term concerns in Europe and focus on longer-term issues such as economic growth, liquidity and risk-adjusted performance, according to a report by UK real estate fund manager, Invista. Germany, it said, was one of the most attractive locations.
2 min read · 22 January 2013
The Singapore developer and real estate investment firm looks to increase its exposure to Asia’s emerging markets just as it sells the Capital Tower Beijing complex for $352m. It first acquired the property three years ago, while it was under construction.
1 min read · 22 January 2013
The real estate development and investment firm acquires 310 acres of industrial land in South Carolina saying increasing costs at West coast ports and rising demand from Asian shipping companies is boosting the attractiveness of East coast shipping-related investments.
1 min read · 22 January 2013
The Irvine, California-based firm, launched this year by former Grubb and Ellis chairman Anthony Thompson, has hired Neil Miller as chief operating officer and general counsel at the firm.
1 min read · 22 January 2013
The AvalonBay Value Added Fund II will seek to acquire multifamily apartments in ‘high barrier-to-entry’ markets in the US.
1 min read · 22 January 2013
The New York firm’s debut fund, targeting ‘unconventional’ deal flow, is nearly halfway to its $250m target.
1 min read · 22 January 2013
Zoning is changing in the US. Urban sprawl is making way for smarter, more dense, communities where people live where they work and play. But as private equity real estate firms understand only too well, it's an extremely slow process. By Zoe Hughes
10 min read · 22 January 2013
As the vast Brazilian real estate market becomes saturated with GPs both large and small, prime properties are being gobbled up at a frenzied pace. As with other BRIC markets, development is now the name of the game. By Eva Poon
10 min read · 22 January 2013