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
A social phenomenon is taking place in Poland as residents trade up from Soviet-style homes to Western apartments. Private equity real estate investors are following the trend, in Warsaw and beyond. By Robin Marriott
8 min read · 23 January 2013
Last month, PERE hosted its inaugural US real estate forum, which showcased the diverse array of strategies and markets currently being pursued by investors. Kazakhstan anyone? By Paul Fruchbom
3 min read · 23 January 2013
THE 4 FOOD GROUPS 2006-12-01 Staff Writer <strong>RESIDENTIAL<br /> No Paris jokes</strong><br /> Last month Hilton Hotels announced its first residential project in Dubai, the Hilton Jumeirah Beach Residence, in yet another sign that the building boom in the Middle Eastern emirate
3 min read · 01 December 2006
If the investment bank hits its target it would surpass the current high-water mark, the $5.3 billion fund raised by The Blackstone Group this summer.
2 min read · 23 January 2013
China's property markets are luring investors from around the world, but corruption and kickbacks can make any real estate a tricky proposition. By Robin Marriott
5 min read · 23 January 2013
