The world’s second-largest commercial real estate broker plans to triple its investments in Asia from $7bn to $20bn
Lubert-Adler recently acquired Central Parking, the largest parking company in the US, in a $1 billion transaction with a view towards capitalizing on the company's real estate portfolio. By Paul Fruchbom, P.J. Yeatman and Michael Trachtenberg
After weathering the threat of low-cost production in Asia, mexico's manufacturing sector is booming amid rising domestic consumption and a growing economy—both of which are driving the Mexican logistics real estate market. By Aaron Lovell
If there is any sector that demonstrates the difficulties of operating in the Russian property market, it is probably the gaming industry. Though regulated by the government, the sector is still subject to the vagaries of Russian president Vladimir Putin. In an effort to do away with the country's ubiquitous small gaming halls, a recently introduced law says all casinos currently in operation must shut down by June 2009; going forward, casinos will only be allowed in four regional locations. Clive Tilley, the British founder of international gaming management firm Tilley Entertainment, is one of the few foreigners with experience of running a casino in Russia. Here, he discusses his plans to roll out US-style hotel casino complexes in Russia, the market's reaction to the new regulations and the difficulty of finding quality real estate for his projects.
As the Russian economy booms, the country's real estate market is attracting private equity property investors with a taste for high returns and a bit of adventure.
After 25 years of investing in US real estate, the property arm of Investcorp is looking towards its next stage of growth. Here, John Fraser and Jonathan Dracos, the co-heads of the firm's real estate group, talk about opening a new office in Los Angeles, courting US investors and possibly expanding into Europe. By Aaron Lovell
Bahrain-based Capivest has partnered with Kuwait Investment Company and Kuwait Finance House to launch an Indian real estate fund.
Private equity real estate investors are funneling capital into Indian special economic zones. But there are significant risks that not everything will go according to plan with these controversial developments. By Dave Keating
The private equity real estate firm is acquiring a majority interest in 3,000 European petrol stations and a number of oil refineries by purchasing a 65 percent interest in Libyan oil group Tamoil.
As a recent bidding war in Italy makes clear, competition for large real estate platforms is heating up. Are European property investors ready to rumble?