The former president of JER Partners in Europe has joined private property investment company Three Delta, which attempted to acquire Sainsbury’s supermarket group in the UK two years ago.
1 min read · 21 January 2013
As LPs struggle to deal with their own liquidity issues, real estate secondaries specialist Landmark Partners says many limited partners may be missing the ‘ultimate’ investment opportunity.
2 min read · 21 January 2013
Apollo Global files an IPO for its debut debt real estate platform, Apollo Commercial Real Estate Finance. ACREFI, which will list as a REIT and be led by Joseph Azrack and Scott Weiner, will target US whole loans and CMBS.
2 min read · 21 January 2013
The Cincinnati-based real estate investment firm secured commitments from nine investors for its fourth vehicle, PERE has learnt. The firm has also bought its first asset, a 170,000-sq. ft Target-anchored centre in Phoenix.
1 min read · 21 January 2013
One month after China’s government lifted a moratorium on mainland initial public offerings, state-controlled China State Construction and Engineering Corporation is preparing a flotation worth $5.9 billion.
1 min read · 21 January 2013
Jumpstart Capital Partners, a Los Angeles based real estate investor, is hoping to raise $100m for an opportunity fund aiming to buy from distressed sellers in New Zealand. Jumpstart’s CEO Jason Neal has projected IRRs greater than 40%.
1 min read · 21 January 2013
As private fund managers look to the US public markets to raise capital, one public REIT is looking to a private fund to take advantage of the downturn.
2 min read · 31 January 2013
Cohen & Steers’ global funds of funds chief Stephen Coyle warned that vehicles which bought assets with more than 65% leverage after 2003 are in ‘serious trouble’. Expectations the UK was already starting to recover were wrong though, with the economy likely experiencing a ‘head fake’.
2 min read · 21 January 2013
Real estate has become an institutional asset class, however for ING Clarion’s head of research David Lynn more analysis and ‘rigour’ is needed when thinking about property investments. Lynn shares his thoughts about real estate, portfolio theory and where the next best opportunities could be.
3 min read · 21 January 2013
As private fund managers look to the US public markets to raise capital, one public REIT is looking to a private fund to take advantage of the downturn. By Zoe Hughes
2 min read · 21 January 2013