When Barack Obama is sworn into the White House in 2009, private equity real estate can expect some changes, among them likely increases to capital gains tax and, with it, carried interest. However his election could also prompt a greater willingness by overseas investors to invest in the US.
2 min read · 22 January 2013
The $147bn US pension will decide today whether it will respond to the denominator effect by increasing the amount it is allowed to invest in real estate to 17% of total assets.
3 min read · 22 January 2013
The $147bn pension has responded to the denominator effect by increasing the amount it is allowed to invest in private equity to 15% of total assets. CalSTRS has similarly bumped its real estate allocation.
3 min read · 22 January 2013
An open-ended property fund managed by UK insurance group Aviva has been forced to suspend dealings following rapid increases in redemptions. The UK fund manager's problems mirror those of German open-ended funds.
2 min read · 22 January 2013
The office markets of both cities were expected to see a short-term drop in rents, with London the harder hit of the two cities over the next two years, according to a report from CBRE Investors. Long term rental growth in both cities will be driven by supply.
2 min read · 22 January 2013
When Barack Obama is sworn into the White House in 2009, private equity firms can expect some changes, among them likely increases to capital gains and carried interest taxation. However, his election also could prompt a greater willingness by overseas investors to invest in the US.
2 min read · 22 January 2013
The UK private equity firm sold its stake in trucking company Transports Alloin to a Swiss logistics group that is looking to expand in France.
1 min read · 22 January 2013
Lehman Brothers and Starwood Capital are putting le Méridien Hotel on London's Piccadilly on the block. The hotel was bought as part of a package of properties in 2005. Le Meridien is expected to sell for around $140m.
1 min read · 22 January 2013
The Scottish government has given Donald Trump the green light on plans for an elaborate golfing, hotel and residential complex in Scotland. The development is set to break ground in 2009.
1 min read · 22 January 2013
Citing 'exceptional client demand' for its initial foray into infrastructure, the institutional asset manager may seek to raise a second fund in 2009.
2 min read · 22 January 2013
