High return expectations for opportunistic real estate funds are out of place in the current environment – and that could be worrisome for managers and investors alike, according to a new report by PwC and ULI.
3 min read · 17 January 2013
The Blackstone Group has closed its latest global real estate fund, which is the largest real estate opportunity vehicle ever raised. About 35 percent of the commingled vehicle already is invested.
3 min read · 17 January 2013
Dilip Awtani, a managing director at Colony Capital and a former European leader for NPLs and distressed investments for GE Capital is moving on. The news comes after the firm reportedly launched a senior real estate debt fund targeting the region.
2 min read · 17 January 2013
Platform CEO Chris Papachristophorou is to follow RREEF's global CIO Kurt Roeloffs out of the door as the €42bn investment manager looks to concentrate on core business lines.
3 min read · 17 January 2013
The Californian giant is among a clutch of US firms wishing to increase the size of its team in Europe ahead of an expected wave of opportunity.
2 min read · 17 January 2013
The Toronto-based alternative asset manager and its multifamily subsidiary jointly raised capital for the US-focused value-add fund, attracting investors that included CalSTRS and Australia’s Future Fund.
2 min read · 17 January 2013
Continental Europe’s largest market will see a rise in volume of deals over the next two years, with experts predicting a greater willingness to dispose of debt.
2 min read · 17 January 2013
CBRE says €7.5bn of property loan portfolios have been sold so far this year, but the final tally will likely fall short of the 2011 amount traded due to price and valuation disagreements.
2 min read · 17 January 2013
The Washington DC-based real estate fund manager has closed its latest US opportunistic fund targeting distressed transactions.
1 min read · 17 January 2013
The vehicle, created for an unnamed corporate pension, will look to provide liquidity to US real estate ownership structures in a variety of ways.
2 min read · 17 January 2013
