Institutional investors could be poised to make greater inroads into Europe’s commercial real estate non-performing loans market, according to a report published today by professional services giant Ernst & Young.
2 min read · 27 August 2013
Merrit Maddux, head of Asia at private equity real estate firm Forum Partners, has left after six years to start his own firm Rail Canyon Capital. He has been replaced by ex-Deutsche Bank, Morgan Stanley and Paul Hastings executive Gregory Wells.
2 min read · 27 August 2013
The $260 billion pension system has approved a two-year extension of its interim real estate portfolio limits to give itself more time to increase its core exposure.
2 min read · 27 August 2013
Environment Agency Pension Fund awards hotly contested mandate to The Townsend Group to increase its allocation to real assets.
2 min read · 27 August 2013
Although investors remain in the driver’s seat when negotiating with managers, there are limitations to what they can get.
2 min read · 27 August 2013
China-focused private equity firm Hony Capital has made its first investment into China’s real estate sector with an RMB 1.8 billion investment into Shanghai-listed real estate and construction company Chengtou Holdings.
2 min read · 27 August 2013
Delegates at this week’s Global Investor Forum in Los Angeles were advised to pay heed to the increasing impact of the market’s smaller investors.
2 min read · 27 August 2013
Requiring a manager to put some “skin in the game" may be more problematic than beneficial for a limited partner when striving to achieve alignment of interest.
3 min read · 27 August 2013
The duties of Phillip Burns, who joined the Zug-based private equity real estate firm in 2011, will pass for now to chief operating officer Thomas Landschreiber.
1 min read · 27 August 2013
The transaction represents the largest multifamily investment made by the real estate investment arm of Caisse de dépôt et placement du Québec.
1 min read · 27 August 2013