Middle Eastern sovereign wealth investors have entered British football with The Abu Dhabi United Group for Development and Investment, headed by ‘the Donald Trump of Abu Dhabi’, agreeing to buy Manchester City FC.
1 min read · 22 January 2013
Continuing on the year’s flurry of deals in the multifamily sector, the Boston-based firm has picked up two properties in Orlando, Florida in one of the biggest multifamily transactions in Orlando this year.
1 min read · 22 January 2013
The New York firm’s debut fund, targeting ‘unconventional’ deal flow, is nearly halfway to its $250m target.
1 min read · 22 January 2013
Zoning is changing in the US. Urban sprawl is making way for smarter, more dense, communities where people live where they work and play. But as private equity real estate firms understand only too well, it's an extremely slow process. By Zoe Hughes
10 min read · 22 January 2013
As the vast Brazilian real estate market becomes saturated with GPs both large and small, prime properties are being gobbled up at a frenzied pace. As with other BRIC markets, development is now the name of the game. By Eva Poon
10 min read · 22 January 2013
Goldman Sachs' Whitehall platform has become among the most dominant players in global property investment, raising billions and executing deals in an inimitable Goldman fashion. The firm is so opaque that even its own PPMs contain no fund-level performance data. Investors who sign on as limited partners gain access to the immense Whitehall footprint, but pay what many view to be a dizzying array of fees for the privilege. PERE goes inside an enviable franchise that its rivals have at times called ‘The Evil Empire.’ By Robin Marriott and Zoe Hughes
10 min read · 22 January 2013
The amount of chatter around private equity real estate firms raising debt funds has been hard to escape, but so far all of that talk hasn't been matched by a huge amount of actual money changing hands. As the banks remain hesitant to sell at rates which could deliver equity-like returns for the funds, many are starting to wonder whether there will really be the kind of opportunity in debt that boosters initially promised. By Dave Keating
10 min read · 22 January 2013
Kim Ho-Shik, the ousted former president of South Korea's $230bn National Pension Service, has joined the advisory board of the Singapore-based real estate investment firm.
4 min read · 22 January 2013
Ian Gleeson, who oversaw Morley's international multi-manager service, has joined CBRE Investors to help grow the firm's platform.
6 min read · 22 January 2013
At €2.2bn, Eric Sasson, the Frenchman in charge of Carlyle's European real estate team, has just overseen the closure of the firm's largest European fund since creating the regional platform in 2001. So how does Carlyle set about investing it? Sasson speaks with PERE about the challenges and opportunities that lay ahead. By Robin Marriott
5 min read · 22 January 2013
