The latest sentiment survey from the US real estate lobby group, the Real Estate Roundtable, finds that confidence is rising in the industry – but there is still a ‘grim sense of reality’.
3 min read · 21 January 2013
The high returns of the boom years have been replaced by another ‘R’ word: risk, according to a series of white papers by Ernst & Young. Real estate companies should now be focused on capital sources, reevaluating their business model and managing global risk.
2 min read · 21 January 2013
The Greenwich, Connecticut firm aims to make investments in “middle market property companies underserved by the investment banking communities”, according to a market document seen by PERE.
1 min read · 21 January 2013
One of Japan's largest private equity firms fired the partner upon learning of an investigation by authorities. The partner, identified as Kenichi Kiso by an LP, passed away the following day.
2 min read · 21 January 2013
Dan Teper has been hired by RBC Capital Markets to help expand the bank’s US real estate investment banking group. Teper was previously managing director at Bank of America Merrill Lynch.
1 min read · 21 January 2013
Co-head of Europe Charles Maudsley is joining UK REIT British Land. Meanwhile, Axa Real Estate Investment Management's global head of asset management Stephen Smith is also joining the London-based company.
2 min read · 21 January 2013
Representatives from the £13 billion Wellcome Trust and the UK Financial Services Authority testified before the UK House of Lords Tuesday about the potentially painful impacts from EU fund manager regulations, including loss of access to funds and marketing restrictions. House members said they would address such concerns in upcoming meetings with the European Commission.
3 min read · 21 January 2013
The US private equity giant has officially launched its first RMB fund and signed an agreement with the state-backed Shanghai Lujiazui Financial Development Company.
1 min read · 21 January 2013
The pension’s $200m commitment to Hellman & Friedman, is evidence that it plans to continue to back private equity funds despite an ongoing pay-to-play investigation.
2 min read · 21 January 2013
The former global chairman and chief executive of ING Real Estate Investment Management has been appointed chairman of the investment committee for three UK property funds at UBS.
1 min read · 21 January 2013
