The unrelenting rise of sovereign wealth and a promising outlook for MENA private equity funds were among the key talking points at PEI’s Middle East Private Equity Forum in Dubai.
3 min read · 22 January 2013
The investment bank is quietly drawing together professionals from within the firm to raise alternative investment funds for external clients.
1 min read · 22 January 2013
As real estate investors such as Sam Zell’s Equity International scout opportunities in Libya, a project in the seaside resort of Janzour has received a €55 million development finance facility, the first of its kind in the country.
2 min read · 22 January 2013
Mike Smith will replace Philip Levinson as director of client services for LaSalle’s Asian investors in real estate products.
1 min read · 22 January 2013
The property investment arm of Principal Financial Group has partnered with a local developer to raise two LEED-certified office developments in California’s tech hotspot.
1 min read · 22 January 2013
Backed by Lubert-Adler, the former founders of Somera Capital Management’s retail group have launched a venture to acquire retail properties across the US.
1 min read · 22 January 2013
The Investment Corporation of Dubai has pulled out of €3 billion offer for Inmobiliaria Colonial, in what would have been the sovereign wealth fund’s first major move into overseas markets.
1 min read · 22 January 2013
Virginia Retirement System increases real estate and private equity allocations by three percentage points, saying it wants more flexibility in its portfolio.
1 min read · 22 January 2013
The two firms, both with global footprints, were big winners among many unveiled today for the 2007 Global PERE Awards.
2 min read · 22 January 2013
With $10 billion in fresh powder for global real estate investment, Blackstone is adding to its Asian firepower with a Hong Kong office, president Hamilton James has told PERE.
2 min read · 22 January 2013