The Bahrain-based firm has added a third school to its education platform with the acquisition of Dubai-based Al Maaref school.
1 min read · 21 January 2013
Industrial markets in North America, Western Europe and export-led economies are in for a difficult 2009, according to Cushman & Wakefield. However, emerging markets fared better, with rents in Rio de Janeiro rising by a staggering 46%.
2 min read · 21 January 2013
The European Association for Investors in Non-listed Real Estate Vehicles has ended an agreement with the Investment Property Databank for IPD to provide data and a fund index service.
2 min read · 21 January 2013
The real estate buyout arm of Lehman Brothers, Lehman Brothers Private Equity Real Estate, has attracted more than 100 expressions of interest for its fund positions and the group operations. Lehman is running a formal bidding process to assess options for the divison. An announcement is expected in Q1.
2 min read · 21 January 2013
The sale of Lehman Brothers Real Estate, which controls $9.7bn of funds, is expected in the first quarter of 2009, sources say. It comes as the private equity arm of the failed bank, Lehman Brothers Merchant Banking, is partially spun out as an independent firm. LPs are being allowed to reduce their unfunded commitments by 25%.
2 min read · 21 January 2013
More than 10,000 votes were cast for the third annual PERE Awards and here – over the next dozen pages – we present the winners and runners-up of the Asia and rest of world awards. By Robin Marriott, Jonathan Brasse and Zoe Hughes. PERE March 2009
10 min read · 21 January 2013
With retailers in the West taking a beating, GPs are eyeing recession-resistant investments. The outlook is less bleak in the emerging markets. And distressed retail is in fashion for those with cash in their wallets. PERE Magazine December 2008/January 2009
8 min read · 21 January 2013
As some LPs actively seek to liquidate their real estate assets in the secondaries market, other more well capitalised limited partners are eyeing the sector as a potential investment opportunity. However with so much uncertainty in the market, the task of underwriting those positions is now much more daunting. PERE Magazine December 2008/January 2009 issue.
5 min read · 21 January 2013
The emerging markets-focused firm has already invested 12% of the fund, which will limit its use of leverage to deals in South Africa and Southeast Asia.
2 min read · 22 January 2013
A firm set up by Perry Kurash, who cut his teeth at private property company Topland, has established a corporate finance house with four others to source Middle Eastern capital looking for a home in property.
2 min read · 22 January 2013
