Lehman Brothers Private Equity, which is not part of Lehman Brothers bankruptcy, said the turbulent markets contributed to the decrease. Meanwhile, the rebounding US dollar helped Princess Private Equity's NAV increase in September.
2 min read · 22 January 2013
The distressed investment specialist has teamed with South Korea's National Pension Service to jointly pursue investments in private equity, special situations and real estate.
2 min read · 22 January 2013
Curzon Global Partners/AEW Europe have partnered with Cleaveland Asset Management to acquire 32 offices in France for their latest vehicle, the €800m European Property Investors Special Opportunities fund.
1 min read · 22 January 2013
Despite the turbulence of the credit markets and its impact on Europe’s property markets, LPs will increase their allocations to real estate in the future, according to a report by CBRE. In the long-run, all investors will target an extra €250bn to the asset class.
2 min read · 22 January 2013
Many private equity real estate groups have money to spend, but no one wants to call the bottom of this crazy crazy market.
2 min read · 22 January 2013
Real estate prices are set to decline by up to 25 percent in developed markets, according to Townsend co-founder Kevin Lynch. However he said there were plenty of opportunities amid the distress, telling PERE at the ExpoReal conference in Munich that investors were increasing their allocations to the asset class.
2 min read · 22 January 2013
The private equity real estate firm has bought a second package of commercial real estate loans from Deutsche Bank covering the multifamily, retail and office sectors in Germany.
1 min read · 22 January 2013
As private equity real estate fund managers and institutional investors meet in Chicago for the fall Pension Real Estate Association conference, many say waiting is the best strategy.
2 min read · 22 January 2013
Canton Property Investment has revealed its founder and executive chairman Keng Wong is ‘uncontactable’ as it also admitted to funding problems. Shares in the company, which is developing real estate projects in a southern part of China, have been suspended.
2 min read · 22 January 2013
The US Senate has approved the $700bn financial bail-out plan allowing the US Treasury to buy distressed assets in the form of securities backed by home mortgages. The US House of Representatives is expected to vote on the bill Friday.
2 min read · 22 January 2013
