How Ireland’s recent woes caused US private equity firm TPG and UK partner Green Property to walk away from a €120 million property deal
3 min read · 24 January 2013
CalPERS has received numerous recommendations after a 'special review' of fees, including demanding all GP meetings take place at the pension's offices and not in 'expensive settings'.
2 min read · 24 January 2013
The subdued economic backdrop to Europe means the primary challenge facing real estate investors is how to invest in a low growth environment without taking on unwanted or unmanageable risks.
3 min read · 24 January 2013
The New York-based firm has acquired a 40% stake in a pool of 102 commercial real estate loans, primarily in Florida and Georgia, for roughly $7 million. To support the deal, Hudson will open an office in Florida.
2 min read · 24 January 2013
The swift negotiations highlight airlines’ changing attitudes toward airport privatisation, which was initially viewed with skepticism at the outset of the Midway Airport privatisation process but is being supported by the carriers who serve Luis Muñoz Marín International Airport in San Juan.
3 min read · 24 January 2013
The $4.7bn global opportunity fund has purchased the restructured mezzanine debt secured by Blackstone’s Hospitality Europe portfolio after the properties’ senior mortgage was renegotiated.
2 min read · 24 January 2013
The bank’s asset management arm is creating a new opportunistic group within Global Real Assets and has tapped Investcorp’s co-head of real estate to lead the effort.
1 min read · 24 January 2013
As Blackstone winds up fundraising for its second special situations fund, the firm begins to look further down the risk spectrum for investments.
3 min read · 24 January 2013
An IRS ruling opened the way for five investors to create first-of-a-kind real estate investment trusts to invest in US electric and gas distribution and transmission networks.
3 min read · 24 January 2013
The estimated $1.1tn of equity sitting on the sidelines of the US real estate market will largely stay put until property fundamentals start to show signs of improving.
3 min read · 24 January 2013
