The Philadelphia-based arm of the London investment firm is targeting between $250m and $500m for a multifamily development vehicle, the Grosvenor US Multifamily Fund. Meanwhile, Sares-Regis eyes $200m for multifamily acquisition.
3 min read · 18 January 2013
At a panel session at this year’s MIPIM conference in Cannes, delegates heard from Barclays Corporate how rebounding market valuations in the UK have led to less distressed real estate situations.
2 min read · 18 January 2013
The global brokerage and property services giant sees $606bn in investment activity this year, with North America and emerging markets leading the way.
3 min read · 18 January 2013
Land and property prices continue to rise in Brazil’s two largest cities, São Paulo and Rio de Janeiro, but local GPs and industry groups say fears of a bubble are overblown with the country “buying for growth”.
2 min read · 18 January 2013
Strategic shifts and new developments in private equity real estate in the second half of 2010 offer clues to global trends for 2011. PERE magazine 2010 Awards & Annual Review issue.
8 min read · 18 January 2013
Aetos Capital, the New York-based Asia real estate investment management firm, has bought out its joint venture partner Goldman Sachs from its investment in Simplex Investment Advisors. The partners’ 2007, $1.3 billion purchase of the Tokyo-focussed investment business was reportedly Japan’s biggest real estate transaction.
2 min read · 18 January 2013
James Sunday has been named partner at the Simsbury, Connecticut-based group, while Ira Shaw has been promoted to vice president.
1 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
With more than 330 funds trying to raise $130bn in capital for private equity real estate strategies, 2011 is expected to see a four-fold increase in those looking to invest between $250m and $1bn of equity in the asset class, according to a Probitas survey.
2 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
