From the Alternative Investment Market in London to private property firms in Asia, investors the world over are seeing promise in the Vietnamese real estate markets.
2 min read · 01 February 2013
Last night, the three-day extravaganza known as MIPIM, the world’s largest property conference, came to a close. But as approximately 25,000 real estate revelers leave the south of France, conference delegates of a different sort will soon be streaming in. In a few weeks time, Cannes will host not only the legendary film festival, but also the Hot D’Or, otherwise known as the European adult video awards. Coincidence? Perhaps not.
2 min read · 01 February 2013
Not too far from East Berlin’s impressive Hauptbahnhof, which claims to be the largest and most modern train station in Europe, sits the Radisson SAS hotel on Karl-Liebknecht Strasse.
3 min read · 01 February 2013
In a year that witnessed one of the most active and dynamic periods in the history of the private equity real estate industry, it was only natural that 2006 would also herald our first annual awards.
3 min read · 01 February 2013
The rising public profile of private equity was brought into stark relief earlier this week when Steve Schwarzman, the co-founder of The Blackstone Group, hosted his 60th birthday party in New York City. Sure, LBO moguls have always thrown lavish parties for themselves—Schwarzman’s bash reportedly cost $3 million—but rarely have they received so much press in the international media.
3 min read · 01 February 2013
Chongqing is a hilly city in Western China that sits at the intersection of the Yangtze and Jialing Rivers. Despite being the home of more than 30 million people, the bustling metropolis is probably not particularly well-known to many in the West.
2 min read · 01 February 2013
On April 9, 2003, Steve Schwarzman and Barry Sternlicht joined together, presumably for the first time, in a friendly game of hoops. At the Chelsea Piers sports complex on the West Side of Manhattan, the two private equity bigwigs competed in a charity basketball event that pitted them against a team of female collegians. And despite the handicaps of age and athleticism—Schwarzman had missed the event the previous year due to a skiing injury—Schwarzman and Sternlicht were able to eke out a 40-38 victory.
3 min read · 01 February 2013
Entrepreneurs do not necessarily make the best communicators. Richard Branson, for example, the famous anti-establishment British billionaire behind the Virgin brand, struggles with the occasional stutter. He also keeps the success or failure of his numerous businesses hidden from view, often registering his accounts offshore.
2 min read · 01 February 2013
Everyone likes a good cliffhanger, be it on the silver screen or in the trenches of the the biggest private equity real estate deal of all time. The hallmark of a suspenseful story, of course, is that you never know what’s going to happen next.
2 min read · 01 February 2013
An Englishman’s home is his castle, so the saying goes, but as interest rates rise and property values cool, Britons may soon find that their castles offer little protection from the financial realities outside.
2 min read · 01 February 2013
