Costa Rica-based NOA Partners is targeting prime real estate in the country, calling itself an “early mover” in the region.
6 min read · 22 January 2013
Limited partners are starting to reduce the number of relationships with fund managers. And as investors start shedding the pounds, private equity real estate secondaries are getting ready to pick up the slack. By Zoe Hughes
5 min read · 22 January 2013
Brotherly love 2008-07-01 Staff Writer <strong>Quotable</strong><br /> <table> <tbody> <tr> <td><strong>“The market isn't changing, it's collapsing.”</strong></td> <td><strong>“No protestors yet?”
2 min read · 22 January 2013
Rolling with the punches 2008-07-01 Staff Writer Earning enough to buy a $10 million estate is hard work, but keeping hold of such an asset has proved even harder for four times heavyweight boxing champion Evander Holyfield. The fighter faces losing his palatial estate in Atlanta, Georgia, according to a rep
1 min read · 22 January 2013
Turning the tide 2008-07-01 Staff Writer It may attract the rich and famous, but even Miami's South Beach is feeling the impact of the credit crunch. The latest to fall victim to the credit market dislocation is developer Robert Falor, who has been forced to sell two hotels on the area's prestigious Ocean Dr
2 min read · 22 January 2013
Serving up specialization 2008-07-01 Staff Writer Is the end nigh for private equity real estate global vehicles? Certainly not, but if delegates attending the PERE Forum: Europe 2008 were to take home one compelling thought from the conference it was that global opportunistic funds are about to face some to
2 min read · 22 January 2013
Monuments of Turkey 2008-07-01 Staff Writer Take a cab ride north across Istanbul's Galata bridge and you will find yourself in an area once known as the Wall Street of the Ottoman era.<br /> <br /> From the Ottoman Central Bank to the buildings owned by the European Camondo family – a clan of
3 min read · 22 January 2013
Capital Watch 2008-07-01 Staff Writer <strong>FUNDS IN MARKET/COMING TO MARKET</strong><br /> <table> <tbody> <tr> <td><strong>FUND</strong></td> <td><strong>FIRM</strong></td>
10 min read · 01 July 2008
Boston-based real estate investment firm Taurus Investment Holdings has just opened offices in Prague, Athens and Lima. President and chief executive officer Peter Merrigan talks to PERE about the firm's strategy. By Zoe Hughes
5 min read · 22 January 2013
When Marc Mogull, founder of London-based Benson Elliot Capital Management, stood up before delegates at the PERE Forum: Europe 2008 in London last month, he knew his comments would be controversial. He wanted them to be. Reigniting the debate about the relationship between general and limited partners, as well as corporate governance principles and guidelines published by the European Association for Investors in Non-listed Real Estate Vehicles (INREV), Mogull wanted to call attention to what he argued were the dangers of a “one size fits all” approach to reporting and corporate governance. A snap poll of the audience revealed that most people agreed with the thrust of his comments. Here, in an abridged version of Mogull's speech, the founder of Benson Elliot sets forth his views on the general partner-limited partner relationship, and why the INREV guidelines are not for him.
6 min read · 22 January 2013
