March 2009 Issue
INTELLECTUAL PROPERTY: Breaking the soft circle of trust
As the denominator effect hits LPs, the provisional fund commitment is in the firing line. By Zoe Hughes. PERE magazine March 2009 issue.
FEATURE: Southern exposure
The Latin American real estate market does not move in lock step. As the wave of investment in Mexico begins to ebb, capital is moving into Brazil, Argentina and other markets. PERE Magazine March 2009 issue
FEATURE: Home is where the hurt is
Rapidly falling property prices and lack of credit have severely impacted the US homebuilding industry, creating a wealth of opportunities for GPs. But when will banks and builders accept reality and start selling? PERE Magazine March 2009 issue
FEATURE: Continental shift
An otherwise flagging 2008 fundraising market was invigorated by high demand for Asian funds, according to proprietary data from PERE. PERE Magazine March 2009 issue
EUROZONE: Bottom scratching
The UK market fell hard, but many predict that it will be among the first to recover. Some suggest there are already signs that the trough is within sight. PERE Magazine March 2009 issue
EUROPE NEWS: New voice of the industry
The UK'S Association of Real Estate Funds recently appointed Bill Hughes as chairman. He explains why open-ended funds, among other things, need some attention. PERE Magazine March 2009 issue.
EUROPE NEWS: Bonne chance Orion
The pan European firm has made a debut investment for its new €1 billion opportunity fund by acquiring Goldman Sachs' stake in a listed French property company. PERE Magazine March 2009 issue
EUROPE NEWS: 'Worst market', biggest fund
Benson Elliot has raised €510m for its second vehicle. Marc Mogull explains why peaks in stock exchanges globally at the start of 2008 suggested it was time to go back to investors. PERE Magazine March 2009 issue.
BLUEPRINT: 'This is huge for us'
Pete Reilly, head of JPMorgan's expanding European real estate effort, believes the current environment will yield epic returns. His London-based group boasts a relatively healthy investment programme amid the financial wreckage, and Reilly is not shy about taking advantage of this imbalance. PERE Magazine March 2009 issue
ASIA VIEW: Japan today, gone tomorrow
Delegates at the recent PERE Forum in Hong Kong said they see a window of opportunity in Japan. But the window will not stay open long. PERE Magazine March 2009 issue
ASIA NEWS: Pricing power in China
CITIC Capital Holdings is hoping to have 12 investments safely tucked away in its third property fund before prices start to rise at the end of the year. PERE Magazine March 2009 issue
ASIA NEWS: Pacific choice
As investor sentiment continues to wane, GPs including Singapore's Pacific Star attempt to entice them with alternative high return investment vehicles. PERE Magazine March 2009 issue.
ASIA NEWS: Indian fatigue
What a postponed fund launch between Catalyst and Samsara means for India. PERE Magazine March 2009 issue
AMERICAS NEWS: Need for liquidity
In a declining market, opportunistic fund managers will be on the lookout for sellers who really need to divest their assets. CBRE Investors found such a seller in ING. PERE Magazine March 2009 issue
AMERICAS NEWS: Cashing-in
Closing its latest real estate debt fund, RCG Longview has spied a growing opportunity in the market: cash-in refinancing. PERE Magazine March 2009 issue
2008 GLOBAL PERE AWARDS – Global awards
More than 10,000 votes were cast for the third annual PERE Awards and here – over the next dozen pages – we present the winners and runners-up of the global awards. By Robin Marriott, Jonathan Brasse and Zoe Hughes. PERE March 2009
DECONSTRUCTED: Best deal of his wife
In Florida, Fuld makes a puzzling move. PERE Magazine, March 2009 issue
DECONSTRUCTED: Head of Blackstone
Overheard at the World Economic Forum. PERE Magazine, March 2009 issue