Indirect

CAPITAL WATCH – March 2006

CAPITAL WATCH 2006-03-01 Staff Writer <strong>FUNDS IN MARKET/COMING TO MARKET</strong><br /> <table> <tbody> <tr> <td><strong>FUND</strong></td> <td><strong>FIRM</strong></td>

Good migrations

As the largest human migration in history takes place in China, the world's most populous country is becoming increasingly urbanized—and its second-tier residential market is developing along the way. By Aaron Lovell

China goes Dutch

ING Real Estate is launching a second Chinafocused fund—and hoping to capitalize on the mainland's rapid urbanization.

Aberdeen leads the way

Aberdeen Property Investors has closed one of the first fund of funds for the European private equity real estate market.

Open-ended trouble

Germany's most successful real estate investment vehicle, the openended real estate fund, is in deep crisis. Private equity investors stand to benefit—at least for now. By Philip Borel

Mr. Big

Mark Weisdorf, who oversaw $5 billion in private equity commitments, sees even bigger opportunities in infrastructure.

The view from the top

High above London, four real estate bankers recently gathered to discuss the events of 2005, the key trends in today's market and whether the future holds boom or bust. By Jonn Elledge

Living in a material world

As rising commodity prices and labor shortages push construction costs to 20-year highs, private equity firms are grappling with today's inflationary environment. By Paul Fruchbom

Boom town

Dubai has ambitions to become the economic hub of the Middle East. Given the pace of recent activity, it's well on its way. By Jonn Elledge

The Z factor

For the past 40 years, Sam Zell has been one of the biggest and most successful players in the US real estate market. Always opinionated, never boring, Zell recently sat down with PERE to discuss his views on the global real estate market, his unconventional holiday gifts and why he likes Libya and Brazil. By Paul Fruchbom