Private equity real estate firms are looking to capitalize on Hong Kong's recovery. But as China's development continues unabated, will the mainland's economic emergence eventually threaten the city's prosperity? By Robin Marriott
10 min read · 23 January 2013
The hotelier 2006-11-01 Staff Writer In early 1991, 31-year-old Barry Sternlicht was out of a job. Seven years later, he was the chief executive officer of the largest hotel company in the world. Along the way, Sternlicht not only completed one of the most dramatic comebacks in the history of the asset class
1 min read · 23 January 2013
The young gun 2006-11-01 Staff Writer Chad Pike , still in his thirties, is running Blackstone's real estate operations in Europe, making him one of the youngest stars in the asset class. Though he is often compared to two other young guns—his counterpart in the US, Jon Gray, and the co-head of Morgan Stanl
1 min read · 23 January 2013
The market maker 2006-11-01 Staff Writer Globalization has to start somewhere. In the case of European private equity real estate, it arguably began when US investment banks moved their principal real estate investment arms across the Atlantic—in other words, it began with Roger Orf .<br /> <br /&
1 min read · 23 January 2013
The financial engineer 2006-11-01 Staff Writer It is a rare thing to be able to say that you brought fresh financing techniques to a mature market, but Guy Hands can lay claim to just that in Europe. The former Goldman Sachs “whiz kid,” Hands pioneered securitizations in the UK, enabling his his 70-strong No
1 min read · 23 January 2013
At a gathering in New York today, delegates at PERE’s North American Private Equity Real Estate Forum heard frontline accounts of the globalization of the industry from Morgan Stanley’s Jay Mantz and Starwood’s Barry Sternlicht.
3 min read · 23 January 2013
Coming hot on the heels of the firm’s massive acquisition of Stuyvesant Town in New York City, the real estate developer has purchased a large portfolio of German office buildings.
2 min read · 23 January 2013
The head of property lending in Europe for the US investment bank has been named as one of 115 staff promoted to coveted partner status, entitling him to share in a huge remuneration pot.
1 min read · 23 January 2013
The theme of the fall 2006 event was “Back to Basics,” but attendees nevertheless found time to discuss emerging markets and distressed debt.
3 min read · 23 January 2013
CB Richard Ellis released those figures at the Expo Real trade fair in Munich, which is drawing thousands of real estate investors keen on Germany and Central and Eastern Europe.
2 min read · 23 January 2013