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 talk of the town has been the potential for LPs to default on capital calls. It may be just noise at the moment but it is raising questions about counterparty risk. For their part, LPs want greater transparency for their cash. PERE Magazine December 2008/January 2009
4 min read · 21 January 2013
Why the temporary halting of redemptions by German open-ended property funds is not good news for private equity real estate. PERE magazine December 2008/January 2009
3 min read · 21 January 2013
The European niche investor bought the stricken UK tea and coffee retailer for an undisclosed amount from Icelandic seller Baugur Group.
1 min read · 22 January 2013
The New Jersey-based private equity real estate firm has added a Milford, Connecticut strip mall to its high-net-worth fund, The Hampshire Generational Fund. The deal was valued at about $30m with a reported cap rate of 7.5%.
1 min read · 22 January 2013
As the real estate industry looks forward to 2009, PrivateEquityRealEstate.com looks back at the past 12 months and the most read stories of the year. Dreier founder, Marc Dreier, admitting to key aspects of a $113m scam was the number one story.
3 min read · 22 January 2013
The UK student housing developer says it could take months to pursue roughly £30 million from its private equity vehicle trapped by the collapse of Icelandic bank Landsbanki. It comes as defunct investment bank Lehman Brothers looks to sell its equity stake in a joint venture with Unite.
2 min read · 22 January 2013
The Switzerland-based firm was targeting $1bn for its second Asia-focused ‘programme’, a series of vehicles which will invest in primary funds and secondary transactions and also partner on direct investments.
2 min read · 22 January 2013
The ABN AMRO Highway private equity fund will work together with Vinci Concessions of France to design, build, finance and maintain a 52-kilometre expressway in the Central European nation.
1 min read · 22 January 2013