Zoning is changing in the US. Urban sprawl is making way for smarter, more dense, communities where people live where they work and play. But as private equity real estate firms understand only too well, it's an extremely slow process. By Zoe Hughes
10 min read · 22 January 2013
Goldman Sachs' Whitehall platform has become among the most dominant players in global property investment, raising billions and executing deals in an inimitable Goldman fashion. The firm is so opaque that even its own PPMs contain no fund-level performance data. Investors who sign on as limited partners gain access to the immense Whitehall footprint, but pay what many view to be a dizzying array of fees for the privilege. PERE goes inside an enviable franchise that its rivals have at times called ‘The Evil Empire.’ By Robin Marriott and Zoe Hughes
10 min read · 22 January 2013
As hedge funds increasingly look to property investment, one real estate investment banker discusses five common mistakes—and how to avoid them. By Paul Fried
10 min read · 22 January 2013
Pamodzi has unveiled the largest private equity fund in South African history and plans to use the $1.3bn vehicle to invest in infrastructure related to the mining sector.
3 min read · 22 January 2013
Maitland Bruce has joined the US financial services giant to help strengthen its real estate business in Europe.
4 min read · 22 January 2013
Despite the credit crunch, the global office markets are still on an “upward trend,” according to a report by real estate services firm, Colliers International. The emerging markets continued to record strong growth in the sector.
2 min read · 22 January 2013
SHUAA Capital has raised $240m for the first close of its hospitality fund focused on Saudi Arabia, ‘the first private equity fund domiciled in the Kingdom'. The fund will develop 17 hotels, apartments and resorts in the country.
2 min read · 22 January 2013
The Dubai-based developer, a subsidiary of state-owned Dubai World, is at the center of a bribery investigation involving one current and one former employee.
2 min read · 22 January 2013
A report by PCA to the $234bn California pension fund has highlighted China and India as the most attractive emerging markets in which to invest. The pension will next week consider backing calls to allocate significantly more capital to emerging markets over the next decade.
2 min read · 22 January 2013
The emerging market specialist has delivered annual returns of 24% from its first fund, Equity International Fund I, following successful forays into Mexico in particular.
2 min read · 22 January 2013
