Christie Ou
Although the proposed transaction still has many unknowns, some impacts of the deal are apparent even at this early stage.
The firm remains interested in the rest of the IFC Seoul complex, with the acquisition setting 'the tone' for its future Korean investments.
While others said no to moving to Asia, the relocation was one of the major turning points for the executive's 40-year real estate career.
Stuart Mercier was responsible for establishing the Canadian group’s overall business in China before he expanded into a more regional role.
The Atlanta-based firm has invested in the niche residential strategy – one of its high-conviction themes – in the US since 2022.
Victoria Sharpe, the UK banking group’s head of real assets, explains how the firm is building a different – and enduring – property business the second time around.
The investor is looking to play a more active role in acquiring GP and operator stakes as well as co-creating real estate platforms.
The firm will shift to being a local manager given the difficulties of being global without vast scale, according to Cromwell’s CEO.
But aggregate repricing in the region has been more limited than that of North America and Europe, according to a new report.
The potential combination of two top 10 PERE 100 firms is unlike other private real estate M&A deals for multiple reasons.