Evelyn Lee
Next year promises more challenges for fund managers to invest capital and investors to meet return expectations, as well as a continuing shift toward increased investor reporting.
A new report by PwC and ULI says opportunistic return expectations are likely to decline further, while funds with an arsenal of dry powder will continue to have a tough time putting capital to work
The New York-based private equity giant will purchase 82 suburban office assets from Duke Realty on behalf of the firm’s latest global real estate fund.
Despite weakness in the firm’s latest real estate and overall earnings, the head of the New York-based private equity giant said today that 2011 will be one of the most active investment years in the history of firm’s real estate business.
The New York-based developer and owner has sold the waterfront trophy on behalf of its US Office Fund to MEPT.
Fund managers are running out of time to deploy existing capital, but the pressure to invest could drive more activity among opportunistic players.
The state’s university pension plan will be launching a search next month for real estate firms to manage a new portfolio of opportunistic investments.
The New York-based private equity giant will acquire 36 retail properties from Equity One, in one of the first deals for its latest real estate opportunity fund.
For the first time since 2009, new capital available for global commercial real estate investment will see a reduction next year, as investors grow increasingly cautious towards the asset class, property services firm DTZ revealed today. The firm also reported a pause in new capital raising in the face of current economic uncertainty.
The New Jersey-based real estate investment firm is looking to raise roughly $50 million for its third fund focused on the acquisition of distressed mortgages.