There is a newfound sense of optimism among private equity real estate pros, even given the major challenges facing the industry.
2 min read · 31 January 2013
The first funds from the US government’s Term Asset-Backed Securities Loan Facility will be distributed next week. Will TALF prove the kickstart the commercial real estate industry hopes it to be?
2 min read · 31 January 2013
Reminiscent of the last great property downtown, MIPIM 2009 was not the usual ebullient event. But as PERE discovered while on location in Cannes, veteran real estate investors are waiting determinedly for the music to start again.
2 min read · 31 January 2013
As LPs increasingly push back on deal terms, GPs may want to consider some relatively low cost moves to mitigate their concerns, writes Kevin Ley.
2 min read · 21 January 2013
It’s yet another sign that the balance of power has shifted to LPs from GPs – at least one new US fund is structured whereby the capital commitment of the GP is subordinated to that of the LP.
2 min read · 31 January 2013
Opportunity funds are not alone in wanting to cherry-pick real estate assets at attractive prices.
2 min read · 31 January 2013
Last week, PERE hosted its second Asia conference at the Island Shangri La Hotel in Hong Kong. More than 150 delegates gathered for the two-day event to share their thoughts on the current Asian investment market. There were more themes than can be recounted on one posting but here we provide a flavour for those who missed the event:
3 min read · 31 January 2013
Two and twenty? KKR is moving to 1 and 10 for its new infrastructure fund, reveals David Snow.
2 min read · 31 January 2013
Looming year-end revaluations have put secondary deals on ice – but a $30bn ‘avalanche’ of closable deal flow awaits.
3 min read · 21 January 2013
Why some real estate funds will be allowing LPs to downsize commitments.
2 min read · 31 January 2013