PERE's sister news service PEO interviews Alberto Torrico, the California assemblyman who recently introduced a proposed law that would force the state’s public pensions to cease ties with firms that are partially owned by certain sovereign wealth funds. Torrico tells PEO he is particularly targeting alleged human rights abuses in the United Arab Emirates, and that the objections voiced by pension investment staff are “overstated, exaggerated”.
6 min read · 22 January 2013
Pan-European firm Catalyst Capital has acquired three supermarkets in Rome and a newly developed shopping centre in Bologna for €84m.
1 min read · 22 January 2013
The Spain-based international private equity hotel investment firm with links to London’s Patron Capital has acquired a property in Paris to convert into a boutique hotel.
1 min read · 22 January 2013
Some of Europe's biggest investors have thrown their weight behind industry efforts to create and expand a performance index.
2 min read · 22 January 2013
The New York-based private equity real estate firm says there are ‘literally hundreds’ of discount debt deals to pursue in the current economic climate.
2 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
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
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 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