The US arm of ING Real Estate’s investment business is to change its name from ING Clarion within the next six to 12 months, according to the outgoing chairman and chief executive of ING Real Estate Investment Management, David Blight.
Boston-based real estate investment firm Taurus Investment Holdings has just opened offices in Prague, Athens and Lima. President and chief executive officer Peter Merrigan talks to PERE about the firm's strategy. By Zoe Hughes
All the world's a playground for private equity real estate investors targeting global leisure-related property investments. And, arguably in more than any other real estate sector, changing demographics are driving the trend. By Eva Poon
Russia's expanding middle class is opening up huge opportunities in the retail and office sector. But with investment in Russia still a risky gambit, particularly outside the two main cities, do foreign investors have the stomach for the opportunity? By Dave Keating
Shortly after the firm revealed that it is opening an office in Beijing, Blackstone is set to acquire a commercial property in Shanghai for $158m.
In the new world of private equity real estate investing, capital will be coming from everywhere and going everywhere, from increasingly sophisticated institutional investors spread around the globe. GPs should keep this in mind as they decide how to target Asia. By Dave Keating
Ex-AIG hotels head Keith Lindsay has joined Central Eastern European developer and asset manager Orco to run its hospitality division.
The corporate debt and real estate specialist has acquired CIT Group’s troubled Home Lending business, Lone Star’s third mortgage-related deal since October.
Private equity real estate firms globally raised $40bn during the first half of 2008, according to proprietary data from PERE magazine. This tally puts GPs on course to raise more than the record-breaking totals of last year. During the first six months of 2007, private equity real estate firms raised $30bn in capital.
Canada has the most transparent commercial real estate market in the world but Dubai, Romania, Ukraine and Russia show the biggest improvement in transparency levels over the past two years, according to a report from Jones Lang LaSalle.