Through acquisitions and new platforms, real estate investment trusts and private equity real estate funds are increasingly crossing paths. By Aaron Lovell
As the gaming industry expands, private equity has been increasingly tempted to bet on gambling's global boom. But like the act of gambling itself, casinos remain a risky proposition. By Dave Keating
The growth of the CMBS market in the US is fueling ever larger private equity real estate deals—can Europe be far behind? By Paul Fruchbom
Headquartered in Cleveland, Ohio, with additional offices in Denver and San Francisco, The Townsend Group provides US real estate consulting services to a broad range of institutional investors, including more than 40 pension funds, as well as all manner of foundations and endowments. Here Frank Blaschka, a principal with more than 11 years of institutional real estate consulting experience, and Martin Rosenberg, the firm's chief operating officer, discuss fund structures, the current investing environment and why they would offer the same advice to LPs and GPs alike.
As real estate investors look to the emerging economies of Asia, they would do well to build up their local contacts—and brush up on their tax law. By Jeremy Choy of Macquarie Global Property Advisors
As capital continues to flow into private equity real estate, GPs are gaining the upper hand in negotiating the terms of their fund documents—but that doesn't mean LPs are staying quiet. By Paul Fruchbom
Over the past 15 years, the growth in the private equity real estate industry has been dramatic, both in terms of size and geographic scope, which means the legal and regulatory challenges involved have grown as well.
Since 2000, Doughty Hanson has invested in real estate throughout Europe, from history-making deals in Finland to landmark offices in the firm's UK backyard. As the firm sets out with its second vehicle, John Howard talks to PERE about team turnover, his hometown in Western Pennsylvania and why investing in Europe requires more than a foreign post office box. By Aaron Lovell
A recent report suggests that 2006 could see even greater interest from US private equity firms in the Asian hospitality markets.
Japan's corporate culture favors real estate investors who have patience for a glacial pace of change. By David Snow