With the US debt ceiling showdown going down to the wire and a possible downgrade of the country’s debt rating on the line, don’t expect America’s fractured, dysfunctional government to find a solution that won’t cast a pall on private equity real estate activity.
3 min read · 18 January 2013
The insurer’s Latin American real estate investment arm plans to raise $500 million for a fund targeting sustainable housing in Mexico. First, however, it is looking for a starter commitment from the IFC.
2 min read · 18 January 2013
The New York firm has exchanged contracts to buy a £60m data centre in London in its first deal in Europe since taking over Citi Property Investors last November.
2 min read · 18 January 2013
The private equity real estate arm of Goldman Sachs has led the purchase of a majority stake in a 3 million-square-foot office portfolio in Rosslyn, Virginia, from entities of stricken Wall Street rival Lehman Brothers.
2 min read · 18 January 2013
RREEF’s global chief investment officer, Kurt Roeloffs talks PERE through his thoughts on the Eurozone's economic problems, the US debt ceiling and the competitive landscape for private equity real estate firms.
7 min read · 18 January 2013
The global accounting and advisory firm has appointed two partners to senior leadership positions in its Americas real estate practice.
2 min read · 18 January 2013
In its annual report for the year 2010/2011, the Government of Singapore Investment Corporation said its exposure to real estate had increased from 9 percent to 10 percent over the year, nudging the sovereign wealth fund’s alternative assets up 1 percent to 26 percent of total assets.
2 min read · 18 January 2013
The Deutsche Bank division has published a report encouraging core investors to buy more in Asia than Europe over the next five years. Outsized risk-adjusted returns, however, remain possible in Europe and should not be ignored.
2 min read · 18 January 2013
The New York-based private equity and real estate giant has sold its portfolio of 29 refurbished Canadian office buildings to Dundee Real Estate Investment Trust for C$831.8 million.
2 min read · 18 January 2013
The Greenwich, Connecticut-based firm, led by Barry Sternlicht, has commenced fundraising for Starwood Distressed Opportunity Fund IX, targeting between $2 billion and $3 billion. The firm's hospitality fund series, however, will come to an end.
2 min read · 18 January 2013
