As hedge funds increasingly look to property investment, one real estate investment banker discusses five common mistakes—and how to avoid them. By Paul Fried
10 min read · 22 January 2013
Managers of real estate mezzanine funds are finding renewed opportunities as collateralized debt obligation financings take a hit. By Robin Marriott
8 min read · 22 January 2013
The fallout from the subprime loan meltdown in the US is being felt in real estate markets across the globe. Could a resulting change in consumer behavior open up distressed opportunities for real estate investors? By Dave Keating
5 min read · 22 January 2013
Superannuation funds have become the most prominent investors in Australia based on record inflows of retirement savings—and the ‘supers’ are acquiring a taste for greater risk and overseas assets. By Robin Marriott
7 min read · 22 January 2013
Earlier this year, Felicity Gates was tapped to co-run Citi Infrastructure Investors, a new division of Citi Alternative Investments, alongside Juan Bejar. She previously helped RREEF, the infrastructure and property arm of Deutsche Bank, establish its North American operations. As the first infrastructure portfolio manager in Australia, Gates had a front-row seat as infrastructure investment took off there in the mid-1990s: Working for the New South Wales superannuation fund, Gates participated in a number of high-profile deals like the acquisition of Melbourne airport for A$1.3 billion ($1 billion; €773 million) and the acquisition of United Energy for A$1.5 billion. Prior to that, she worked in infrastructure investment and project finance at Macquarie Bank and Bankers Trust. Preparing for a trip to Australia, Gates took a few minutes to talk about the early days of infrastructure investment in Australia.
3 min read · 22 January 2013
PERE recently caught up with Perseus Realty Partners founder Paul Dougherty, who talked about Washington's “other” economy, the firm's relationship with parent company Perseus Capital and what it could do with the surplus real estate of the Hagar slacks company. By Aaron Lovell
9 min read · 22 January 2013
Pamodzi has unveiled the largest private equity fund in South African history and plans to use the $1.3bn vehicle to invest in infrastructure related to the mining sector.
3 min read · 22 January 2013
Senior bankers report that big deals are faltering as buyers struggle to finance acquisitions, but stocks on publicly traded real estate lenders seem to be recovering.
4 min read · 22 January 2013
Maitland Bruce has joined the US financial services giant to help strengthen its real estate business in Europe.
4 min read · 22 January 2013
Underscoring the importance of a global view of the market, CBRE Investors has promoted veteran Lee Menifee to director of global strategy.
4 min read · 22 January 2013