The Dutch pension services giant and Copenhagen-based real estate fund of funds firm are among a club of investors to co-launch a residential development company with Mumbai-listed Godrej Properties. The new enterprise will be capitalised with $138 million of equity initially.
3 min read · 17 January 2013
Despite the success of PropertyMatch, a US equivalent of the UK secondaries trading platform is unlikely to arrive anytime soon. PERE Magazine July, August 2012 issue.
3 min read · 17 January 2013
News of two more European debt funds arrived last month, one from a French bank and the other by asset manager BlackRock. PERE Magazine July, August 2012 issue.
3 min read · 17 January 2013
In a commentary today on the defensive value of real estate, CBRE’s chief EMEA economist, Peter Damesik, argues that even in the most extreme circumstances, it is unlikely investors would experience a total loss if they buy an office occupied by a bank, making it better than owning shares in the banks themselves.
3 min read · 17 January 2013
The European distressed market is perceived by some as an ‘invitation-only’ market favouring the very largest private equity funds, according to a survey.
3 min read · 17 January 2013
Dallas-based LP Analyst will provide limited partners with a variety of consulting services focused on fund monitoring and portfolio evaluation. The firm will work with investors in private equity, real estate and distressed debt, among other asset classes.
2 min read · 17 January 2013
Two ex-DLJ principals are branching out on their own with a firm called Laurus Property Partners dedicated to higher risk-return deals in Germany.
1 min read · 17 January 2013
The Swiss group is currently highlighting real estate secondaries, senior debt and preferred equity investments in its investment thesis as it more than doubles the size of its last vehicle in a global series.
2 min read · 17 January 2013
René Kassis is heading a team of four at La Banque Postale’s asset management division working on a new real estate and infrastructure senior debt fund. The fund will target primary and secondary deals across Europe and is expected to reach a first close by the fall.
1 min read · 17 January 2013
The London and Hong Kong-based hedge fund manager is planning to wrap a $150m real estate opportunity fund around a strategy to unlock opportunistic returns from development and distressed real estate in Myanmar, Mongolia and Vietnam.
2 min read · 17 January 2013
