Around 116 opportunistic funds were seeking to raise $109bn in capital as of August, according to Clerestory Capital Partners. By Q2, 47 funds targeting $35.5bn failed to come to market or were put on hold, particularly emerging market strategies.
2 min read · 21 January 2013
The Japanese fund manager has reportedly handed over control of the Pacific Century Place building that it bought from billionaire Richard Li in 2006 after failing to reach an agreement with creditors.
1 min read · 21 January 2013
RREEF Alternative Investments, AREA Property Partners and Europa Capital has completed the sale-leaseback acquisition of a significant majority of Spanish property assets owned by bank, BBVA.
1 min read · 21 January 2013
PERE presents 12 private equity real estate professionals who have been reborn into new roles and jobs in the past 12 months as they, and their firms, prepare to exploit the investment opportunity of a lifetime.
1 min read · 21 January 2013
The sale of German payment processing business Easycash will net 3x the firm’s invested capital.
1 min read · 21 January 2013
The industry is preparing itself for the opportunity of a lifetime. But will the opportunity be as big as everyone believes? By Zoe Hughes
2 min read · 21 January 2013
The co-founder of Equity Group Investments said borrowers will extend loans as much as possible even if they have no chance of paying them off. It will be a “gigantic example of extend and pretend”.
1 min read · 21 January 2013
Brazilian pension funds are to be able to commit up to 20 percent of their capital to asset classes including real estate and infrastructure. The change in regulation is part of a wider strategy to reduce exposure to fixed-income assets.
1 min read · 21 January 2013
Mikhail Prokhorov is not only buying control of the New Jersey Nets basketball team , but he will also take a stake in a development project related to the Nets’ future home.
1 min read · 21 January 2013
The Asian Public Real Estate Association has expanded its network to include pension funds after requests by the investor pool to be included.
1 min read · 21 January 2013
