The New York-based private equity real estate firm says there are ‘literally hundreds’ of discount debt deals to pursue in the current economic climate.
2 min read · 22 January 2013
The unrelenting rise of sovereign wealth and a promising outlook for MENA private equity funds were among the key talking points at PEI’s Middle East Private Equity Forum in Dubai.
3 min read · 22 January 2013
As real estate investors such as Sam Zell’s Equity International scout opportunities in Libya, a project in the seaside resort of Janzour has received a €55 million development finance facility, the first of its kind in the country.
2 min read · 22 January 2013
The property investment arm of Principal Financial Group has partnered with a local developer to raise two LEED-certified office developments in California’s tech hotspot.
1 min read · 22 January 2013
Backed by Lubert-Adler, the former founders of Somera Capital Management’s retail group have launched a venture to acquire retail properties across the US.
1 min read · 22 January 2013
Virginia Retirement System increases real estate and private equity allocations by three percentage points, saying it wants more flexibility in its portfolio.
1 min read · 22 January 2013
The two firms, both with global footprints, were big winners among many unveiled today for the 2007 Global PERE Awards.
2 min read · 22 January 2013
With $10 billion in fresh powder for global real estate investment, Blackstone is adding to its Asian firepower with a Hong Kong office, president Hamilton James has told PERE.
2 min read · 22 January 2013
The direct investment arm of AIG Investments has sold its 14.15 percent stake in Turkey’s largest chain of movie theaters.
2 min read · 22 January 2013
London-based property investment manager Rockspring has closed its fourth vehicle to date with 13 institutional investors committing to the core-plus and value-add strategy.
1 min read · 22 January 2013