The San Francisco-based private equity real estate firm has brought on Quinn Barton as the firm moves into debt investments. He will lead Carmel’s newly-opened New York office.
1 min read · 21 January 2013
Reminiscent of the last great property downtown, MIPIM 2009 was not the usual ebullient event. But as PERE discovered while on location in Cannes, veteran real estate investors are waiting determinedly for the music to start again.
2 min read · 31 January 2013
The UK buyout firm has paid a reported A$425m for Australian billionaire James Packer’s network of 17 beef ranches.
2 min read · 21 January 2013
Michael Sabia, the ex-CEO of BCE who worked on the failed take-private of the Canada telecoms company, has been appointed president of the C$120.1bn Caisse de dépôt et placement du Québec.
1 min read · 21 January 2013
Reminiscent of the last great property downtown, MIPIM 2009 was not the usual ebullient event. Veterans though are waiting for the music to start again.
2 min read · 21 January 2013
Commercial property prices in Britain have fallen by 40% from their peak, however the office market felt the most pain with rents falling by 1.74% in February – three times greater than any other sector. The pace of decline in capital values though eased slightly.
2 min read · 21 January 2013
Pacific Alliance Group is to purchase $46 million in convertible bonds from Secured Capital Japan, as well as forming a strategic alliance with the Tokyo-based investment manager to purchase assets and distressed debt in Japan and China.
1 min read · 21 January 2013
The secondaries advisor and placement agent has been approaching large investors about a vehicle that allows clients to 'share' capital calls with cash-strapped LPs.
2 min read · 21 January 2013
The debt-ridden Australian infrastructure fund manager has gone into administration after investors in New Zealand voted against a restructuring plan that included a possible debt for equity swap.
2 min read · 21 January 2013
Allianz Real Estate, which has €10 billion to spend over the next five years, is close to filling a role in France as global chief executive of real estate Olivier Piani continues to organise the business.
1 min read · 21 January 2013