David Snow explains why Goldman’s huge principal investment area will remain safely in-house.
3 min read · 24 January 2013
German student accommodation company owned by Corestate Capital appoints former Axa COO as chief executive
1 min read · 24 January 2013
The Los Angeles-based firm has just closed a deal for five properties and a parking garage totalling 1.6m sq. ft. in Oakland, California. Shorenstein sold the properties for just shy of $360m, sources said.
2 min read · 24 January 2013
The government has eliminated its previous 5%, 15% and 25% cap on pension plan investments in real estate and Canadian resource properties, with expectations the rule could result in rising allocations to the asset class.
2 min read · 24 January 2013
The Shanghai-listed company will commit around $44m to Blackstone’s maiden RMB-denominated fund, which aims to raise roughly $735m.
1 min read · 24 January 2013
PERE hears the views of Dean Hodcroft, Ernst & Young's head of real estate, hospitality and construction for Europe, the Middle East, India and Africa, on just how involved limited partners should be in the investment decision-making processes of their fund managers. Hodcroft spoke on the sidelines of last week's PERE Forum: Europe conference in London.
1 min read · 24 January 2013
The Townsend Group principal Adam Calman talks about how his firm's investors are tackling the question of what investment structure works best. He shares this thoughts on various models Townsend is adopting on the sidelines of last week's PERE Forum: Europe.
1 min read · 24 January 2013
Pramerica Real Estate Investors has recruited Eric Adler, the joint head of Europe for Tishman Speyer, to spur its growth in the region
2 min read · 24 January 2013
Thomas Barrack reportedly admits the timing of the US casino operator’s $5.4bn take-private in November 2007 was poor, telling Bloomberg Markets the firm was now focused on smaller, unconventional deals.
3 min read · 24 January 2013
The 'Volcker Rule's' impact on private equity may not be felt until 2022, and its main effect could be to reduce banks' co-investment in alternative vehicles.
3 min read · 24 January 2013
