A confidence survey from Jones Lang LaSalle says pressure on REITs, banks and retail funds, will benefit opportunistic real estate investors over the medium term.
1 min read · 21 January 2013
The Swiss alternatives firm plans to augment its fund of funds platform by assuming management of HRJ’s $2bn in assets. The US fund of funds was reportedly burned by its over-commitment strategy last year, causing it to breach debt covenants and seek stake sales for uncalled commitments.
2 min read · 21 January 2013
DebtX, the US-based online seller of the €94m package of non-performing loans, says the UK and Spain will be the next countries to see non-performing loans sales. DebtX is also selling a smaller €14m NPL portfolio backed by assets in eastern Germany.
2 min read · 21 January 2013
Cleveland based private equity firm Resilience Capital Partners has appointed Stanley Shashoua as managing partner of its real estate fund.
1 min read · 21 January 2013
As the US property market continues to deteriorate, research by fund manager RREEF reveals that value-added and opportunistic strategies should be treated with ‘caution’. However, desperate sellers will produce ‘attractive opportunities’ for some.
2 min read · 21 January 2013
There is a newfound sense of optimism among private equity real estate pros, even given the major challenges facing the industry.
2 min read · 21 January 2013
The Oslo-based firm wants to capitalise on secondary mispricing of real estate debt and equity in Norway, Sweden, Finland and Denmark.
1 min read · 21 January 2013
The Abu Dhabi Investment House is reportedly planning to launch a private equity fund to acquire distressed assets.
1 min read · 21 January 2013
The Lake Oswego, Oregon-based firm is targeting $200m for its Real Estate Distress Fund. The vehicle will focus on distressed multifamily apartments, particularly in the Sunbelt states.
1 min read · 21 January 2013
The European private equity real estate firm Orion Capital Managers has recruited Roberto Roca as investment director to run its Iberia business.
1 min read · 21 January 2013
