With the market dislocation ringing in the ears of general partners and the denominator effect impacting investors, the real estate secondaries market is set to expand five-fold over the next two years, with up to $5bn of trades expected each year. Experts argue it could eventually be half the size of the $15bn private equity secondaries market. By Zoe Hughes
7 min read · 22 January 2013
David Blight, chairman and chief executive of ING's €72 billion property investment management business dropped a bombshell over the summer when he resigned in order to return to Australia with his family. After three and a half years in the job, he is leaving a legacy. In an interview with PERE, Blight explains why and how ING has witnessed a revolution, by at last creating a global opportunity platform. By Robin Marriott
5 min read · 22 January 2013
MGPA, the London-based real estate investment firm, has closed its latest Asia real estate fund, MGPA Asia III, on $3.9bn, the largest dedicated Asian real estate vehicle ever raised. Combined with the firm's latest European vehicle, MGPA has secured $5.2bn in capital commitments during its latest fundraise. By Zoe Hughes
3 min read · 22 January 2013
In the new world of private equity real estate investing, capital will be coming from everywhere and going everywhere, from increasingly sophisticated institutional investors spread around the globe. GPs should keep this in mind as they decide how to target Asia. By Dave Keating
5 min read · 22 January 2013
The Whitehall Funds, managed by Goldman Sachs, has acquired a German residential company with an enterprise value of €3.4bn, in one of the last remaining deals of its kind in the country.
2 min read · 22 January 2013
Ex-AIG hotels head Keith Lindsay has joined Central Eastern European developer and asset manager Orco to run its hospitality division.
6 min read · 22 January 2013
The corporate debt and real estate specialist has acquired CIT Group’s troubled Home Lending business, Lone Star’s third mortgage-related deal since October.
1 min read · 22 January 2013
Respondents to a recent survey also said sovereign funds’ long-term strategy makes them more appealing than other LPs.
2 min read · 22 January 2013
The US firm has made its third sizeable acquisition of loans in Europe since November last year.
1 min read · 22 January 2013
The third fund raised in Europe by The Carlyle Group is targeting parts of Eastern Europe as well as more established, core markets.
2 min read · 22 January 2013
