London- and Paris-based AEW Europe is planning a €250m-€300m value-added residential investment programme over the next 12 to 18 months in Berlin via a joint venture with Caleus Capital Investors.
1 min read · 24 January 2013
The German insurer, which is aiming to increase global real estate investment from €17bn to €30 billion over the next few years, blames ‘lack of market’ for hampering efforts to reach its targets quickly.
2 min read · 24 January 2013
Phillip Filippelis joins as managing director to lead the firm's operations in Australia and New Zealand.
1 min read · 24 January 2013
The Washington State Investment Board has approved commitments to GTCR’s tenth fund, targeting $3bn, and Southern Cross’ fourth Latin America fund, which closed last month on $1.68bn.
2 min read · 24 January 2013
As part of the agreement, the general partner responsibilities of the $2.65bn Asian Real Estate Opportunities Fund are expected to transfer to Blackstone.
4 min read · 24 January 2013
Switzerland is home to some of private equity’s most important LPs. PEI tapped into the investor community to ask what the industry will look like in the future.
4 min read · 24 January 2013
Recently-passed finance reform will put a spotlight on how private equity real estate managers market to new and existing investors. PERE Magazine October issue 2010.
3 min read · 24 January 2013
Vornado has finally won approval to demolish the New York hotel that inspired the famed “Pennsylvania 6-5,000” song. PERE Magazine October 2010 issue
2 min read · 24 January 2013
Private equity firms are doing more in Europe than simply looking to buy loan portfolios from financial institutions – they want to buy whole banks. By Robin Marriott.
3 min read · 24 January 2013
The National Pension Service of Korea, the $270 billion pension fund, reportedly informed Dow Jones it was to commit $400m to a separate account mandate awarded to Pramerica Real Estate Investors. PERE revealed the appointment last month.
1 min read · 24 January 2013