Serving up specialization 2008-07-01 Staff Writer Is the end nigh for private equity real estate global vehicles? Certainly not, but if delegates attending the PERE Forum: Europe 2008 were to take home one compelling thought from the conference it was that global opportunistic funds are about to face some to
2 min read · 22 January 2013
Monuments of Turkey 2008-07-01 Staff Writer Take a cab ride north across Istanbul's Galata bridge and you will find yourself in an area once known as the Wall Street of the Ottoman era.<br /> <br /> From the Ottoman Central Bank to the buildings owned by the European Camondo family – a clan of
3 min read · 22 January 2013
Capital Watch 2008-07-01 Staff Writer <strong>FUNDS IN MARKET/COMING TO MARKET</strong><br /> <table> <tbody> <tr> <td><strong>FUND</strong></td> <td><strong>FIRM</strong></td>
10 min read · 01 July 2008
Boston-based real estate investment firm Taurus Investment Holdings has just opened offices in Prague, Athens and Lima. President and chief executive officer Peter Merrigan talks to PERE about the firm's strategy. By Zoe Hughes
5 min read · 22 January 2013
When Marc Mogull, founder of London-based Benson Elliot Capital Management, stood up before delegates at the PERE Forum: Europe 2008 in London last month, he knew his comments would be controversial. He wanted them to be. Reigniting the debate about the relationship between general and limited partners, as well as corporate governance principles and guidelines published by the European Association for Investors in Non-listed Real Estate Vehicles (INREV), Mogull wanted to call attention to what he argued were the dangers of a “one size fits all” approach to reporting and corporate governance. A snap poll of the audience revealed that most people agreed with the thrust of his comments. Here, in an abridged version of Mogull's speech, the founder of Benson Elliot sets forth his views on the general partner-limited partner relationship, and why the INREV guidelines are not for him.
6 min read · 22 January 2013
All the world's a playground for private equity real estate investors targeting global leisure-related property investments. And, arguably in more than any other real estate sector, changing demographics are driving the trend. By Eva Poon
10 min read · 22 January 2013
Russia's expanding middle class is opening up huge opportunities in the retail and office sector. But with investment in Russia still a risky gambit, particularly outside the two main cities, do foreign investors have the stomach for the opportunity? By Dave Keating
10 min read · 22 January 2013
With the market dislocation ringing in the ears of general partners and the denominator effect impacting investors, the real estate secondaries market is set to expand five-fold over the next two years, with up to $5bn of trades expected each year. Experts argue it could eventually be half the size of the $15bn private equity secondaries market. By Zoe Hughes
7 min read · 22 January 2013
David Blight, chairman and chief executive of ING's €72 billion property investment management business dropped a bombshell over the summer when he resigned in order to return to Australia with his family. After three and a half years in the job, he is leaving a legacy. In an interview with PERE, Blight explains why and how ING has witnessed a revolution, by at last creating a global opportunity platform. By Robin Marriott
5 min read · 22 January 2013
The fund, targeting real estate developments in Greater China, is the firm's second Asia-focused vehicle.
4 min read · 22 January 2013