More than a third of industry professionals attending the annual PERE Forum: New York believe valuations will decline by another 10% or more. It comes as delegates are advised to underwrite deals with no rental growth assumptions for “years and years”.
2 min read · 21 January 2013
LaSalle Investment Management appoints Uwe Rempis as head of asset management following two years of service.
1 min read · 21 January 2013
A recent court decision shows that the offshore investments of UK private equity firms could be subject to the country’s higher tax rate, unless they can provide better documentation that strategic board decisions were made outside the UK.
3 min read · 21 January 2013
The US private equity real estate firm, led by Barry Sternlicht, has acquired an office property in the City of London. The firm says it has been patient but is starting to see value in the area for the first time in many years.
1 min read · 21 January 2013
Sir John Beckwith, who developed a number of investment management businesses including Europa Capital Partners, has launched the Alpha Rockmount UK Real Estate fund, as it seeks “quality” assets in across the country.
1 min read · 21 January 2013
Is it time for private equity real estate firms operating in the UK to go on the PR offensive, asks Robin Marriott.
3 min read · 21 January 2013
The investment firm set up by Apax Capital founder, Sir Ronald Cohen, has raised £26m for its first real estate fund. The vehicle is aimed at aiding the regeneration of areas of the UK in need of properties which meet high environmental standards.
2 min read · 21 January 2013
Sweden is introducing changes to a proposed EU directive that, if passed, would curb compensation for hedge fund and private equity managers by up to 60 percent in some cases.
2 min read · 21 January 2013
Apollo- and BC-backed Unitymedia, the cable platform that owns the rights to the German football league, has been sold to a US player for €3.5bn.
2 min read · 21 January 2013
The pension fund of UK local authority, Bath & North East Somerset Council, is taking advantage of the repriced US core real estate debt market via Partners Group.
1 min read · 21 January 2013
