A partnership between The Carlyle Group, Deutsche Bank’s RREEF and Extell Development Company is in play to develop two luxury residential buildings in Manhattan after securing one of the largest construction loans in the US this year.
1 min read · 22 January 2013
After a two-year hiatus, the German real estate investment management firm is once again targeting the US office market acquiring the headquarters of German car manufacturer Volkswagen for an estimated $100m.
2 min read · 22 January 2013
Costa Rica-based NOA Partners is targeting prime real estate in the country, calling itself an “early mover” in the region.
6 min read · 22 January 2013
Limited partners are starting to reduce the number of relationships with fund managers. And as investors start shedding the pounds, private equity real estate secondaries are getting ready to pick up the slack. By Zoe Hughes
5 min read · 22 January 2013
Brotherly love 2008-07-01 Staff Writer <strong>Quotable</strong><br /> <table> <tbody> <tr> <td><strong>“The market isn't changing, it's collapsing.”</strong></td> <td><strong>“No protestors yet?”
2 min read · 22 January 2013
Turning the tide 2008-07-01 Staff Writer It may attract the rich and famous, but even Miami's South Beach is feeling the impact of the credit crunch. The latest to fall victim to the credit market dislocation is developer Robert Falor, who has been forced to sell two hotels on the area's prestigious Ocean Dr
2 min read · 22 January 2013
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