PERE magazine 2010 Awards & Annual Review issue
2 min read · 18 January 2013
The Abu Dhabi sovereign wealth fund has bought out Chicago-based John Buck Company from a joint venture platform formed in 2008.
2 min read · 18 January 2013
The private equity real estate platform of Mumbai-based Kotak Investment Advisors has completed the long-anticipated sale of its 786,000 square foot IT park in the city suburb of Goregaon. The sale has been billed as one of the first full-circle exits by an India real estate fund to international institutional investors.
2 min read · 18 January 2013
Allianz will commit €400m to the venture – it’s largest industrial JV ever – as it looks to target logistics deals in the Eurozone.
2 min read · 18 January 2013
Doug Sesler has departed from his position as global head of real estate principal investments at Bank of America Merrill Lynch. His departure comes as the Wall Street bank nears the wind-down of the platform.
3 min read · 18 January 2013
The Toronto-based pension fund’s overall return for 2010 was 12 percent, up from 10.6 percent in 2009, thanks partly to outperformance by its real estate and infrastructure divisions. Its private equity platform, on the other hand, underperformed.
2 min read · 18 January 2013
The former president of GE’s US consumer retail finance arm will lead GE Capital Real Estate, after Pressman (pictured) decided to leave the conglomerate to ‘pursue interests outside the company’.
2 min read · 18 January 2013
Just weeks after securing the €350m mandate to manage the unlisted real estate holdings of Dutch pension SPMS, Aviva Investors will establish and manage an unlisted multi-manager portfolio for neighbouring LP, Philips Pensioenfonds.
1 min read · 18 January 2013
The deal means the world’s largest real estate opportunity fund – Blackstone Real Estate Partners VI – is getting closer to being fully committed. BREP closed on $10.9bn in April 2008.
3 min read · 18 January 2013
Last year was a year of transition, as many firms and individuals struggled to adjust to the new realities of the global real estate markets. It was enough to make even some of the biggest players in the industry throw up their hands in defeat. Yet, for those with savvy and discipline, 2010 proved to be a year of opportunity. So, which firms, individuals and deals stood out from the crowd in North America in 2010? PERE Awards supplement March 2011.
10 min read · 18 January 2013