March 2017 Issue

    EUROPE NEWS: Woman of the moment: Isabelle Scemama

    One of AXA Investment Managers โ€“ Real Assetsโ€™ veterans is stepping up to the top jobย following the departure of Pierre Vaquier.ย By Jamie Hendersonย 

    EUROPE NEWS: Two birds with one deal

    Henderson Corestate Capital, the Swiss-based real estate firm, has acquired Liverpoolโ€™s most iconic property, The Royal Liver Building, for ยฃ48 million ($60 million; โ‚ฌ57 million) โ€“ the first time the office property has been bought since its constructio

    EUROZONE: The Swiss are coming

    With a public pension pot of more than โ‚ฌ800bn and one of the most keenly priced real estate markets in Europe, Swiss institutional capital needs to make moves in international property investment. By Jamie Hendersonย 

    AMERICAS NEWS: The big spin

    Harvardโ€™s direct real estate team, one of its most profitable investments groups, will become an external manager by year-end.

    ASIA VIEW: Taking advantage of the disruption

    At PEREโ€™s annual Asia Summit, the regionโ€™s leading real estate investment managers highlighted disruptive technologies as a key risk in Asiaโ€™s property markets. But with risk can come reward.

    ASIAVIEW: Signal of intent

    GPIFโ€™s hiring of real estate veteran Hideto Yamada is the latest sign that the worldโ€™s largest pension fund is about to make its move into property investing.

    IF THESE WALLS: Returning to its former glory

    Once the worldโ€™s tallest building, Chicagoโ€™s iconic Willis Tower is getting a hefty capital injection with $500m in renovations.

    ASIA GUEST COMMENTARY: On the radar

    Global institutional investors are making moves into Vietnam as property markets benefit from the countryโ€™s economic growth story, according to David Blackhall, managing director for real estate at Vina Capital

    AMERICAS NEWS: Men of the moment: Michael Humphrey and Kevin Lynch

    The private real estate sector mourns two pioneers of the real asset advisory world who died within months of each other.

    STATESIDE: Meeting points

    Many private equity real estate firms should focus on improving their annual investor meetings โ€“ and potentially raise more capital in the process.

    AMERICAS GC: Guarding against volatility

    Investors should add to their property holdings but heed certain factors as they do so, says Meagan Nichols, head of the real assets investment group at Cambridge Associates.

    ASIA NEWS: Gearing up in Asia

    Greystar has appointed its first executive for a new rental housing platform in the region.

    EDITOR'S LETTER Forget the politics, follow the demographics

    Last month, PERE convened five senior private real estate executives in London for our yearly Europe roundtable. We geared our questions around the political agenda of the region that is dominating mainstream media at present. The funny thing was, we didnโ€™t spend much time on the topic.ย 

    EUROPE NEWS: Cross-border traffic

    A host of US firms are entering new European markets despite political uncertainty hanging over the continent. By Jamie Hendersonย 

    BLUEPRINT: Batting for doubles

    Private equity entrepreneur Jean Salata has forged a glowing reputation in Asia after forming a $10bn business from the embers of Barings bank. With sector veteran Mark Fogle by his side, he wants a repeat in real estate. Thomas Duffell hears the story so far

    ASIA NEWS: A whopper of a deal

    Hong Kongโ€™s first commercial land sale in its prime business district in two decades is slated to happen this month.

    HOT STORY: A small matter of money

    How does your pay packet compare with your peers? PERE presents exclusive research to let you find out.

    EUROPE GUEST COMMENTARY: A slimmer future for CRE

    The pressure on private real estate investment managers to prepare for less but better property is greater than many realize, says Alex Price, chief executive of London-based Palmer Capital Partnersย