Small world 2007-02-01 Staff Writer Last month, in Davos, Switzerland, the annual gathering of world leaders, software developers and Irish rock stars was gate-crashed by a new type of rock star: private equity firms. Given that the organizers of the World Economic Forum consciously limited the presence of c
2 min read · 22 January 2013
Private equity investors contributed to a €26bn splurge of retail property purchasing in Europe last year as research shows activity was up 77 percent on 2005.
2 min read · 22 January 2013
Morocco is building lasting ties to Europe and the Middle East. A growing number of real estate investors are flocking to the country in an attempt to ride an expected rising tide of wealth. But poverty and regressive tenant laws present real challenges. Robin Marriott reports from Casablanca.
9 min read · 22 January 2013
After a decade, the real estate division of GE has new ‘belief’ in Uk property debt.
4 min read · 22 January 2013
Morgan Stanley Real Estate and East West Partners will partner on a ‘green’ resort in the Canadian Rockies.
3 min read · 22 January 2013
The US buyout firm has appointed Walid Musallam to head its Middle East hybrid investing business, which is due to hit the fundraising trail for up to $1 billion.
1 min read · 23 January 2013
A partnership between CapitaLand and Maybank Group is planning to raise a $250m private equity real estate vehicle for Malaysia.
2 min read · 23 January 2013
The financial services giant has taken a 51% stake in a Turkish REIT.
2 min read · 23 January 2013
Although the theme of the fall 2006 PREA conference was “Back to Basics,” delegates found the current state of the real estate industry anything but. By Alison Granito
7 min read · 23 January 2013
In the mid-1990s, Chicago-based Heitman became one of the first major property players to invest in Central Europe. The firm formed a JV in 1996 to develop the Warsaw Financial Center, a 32-story office building that was the tallest building in Eastern Europe. In 2000, the firm launched Heitman Central Europe Property Partners to focus on Poland and the Czech Republic, which closed on $125 million. Slovakia and Hungary were added to the mandate for the second fund, which closed on €175 million in 2002. By the time Heitman launched its third vehicle on €350 million in 2005, it was also looking for opportunities in Estonia, Latvia, Lithuania, Slovenia, Romania and Bulgaria. Otis Spencer, the firm's Warsaw-based portfolio manager, spoke with PERE about the evolution of Heitman's strategy in the region and where the firm is looking for value as competition grows.
4 min read · 23 January 2013