October 2009 Issue

The market has changed, and these 12 pros have changed jobs to seize the new day. By Jonathan Brasse and Zoe Hughes. PERE magazine October 2009

On a recent visit to Tokyo, PERE spent time with the head of commercial real estate for Deutsche Bank – the only international investment bank still lending in the country. Borrowers say debt is too expensive, but Doug Smith argues prices are where they should be. PERE magazine October 2009.

Why London-based Edward Siskind is the logical choice to lead Goldman Sachs’ global real estate principal investment area at a time of opportunity. PERE magazine October 2009

Goldman jumps back into European distress investing for its Whitehall funds with a residential loan transaction in Italy. PERE magazine October 2009

Just as CIC invests in Canary Wharf's office developer, Nomura gets nearly six years free rent for a new London office. Lehman Brothers is central to both stories. PERE magazine October 2009

The Paris and London-based firm has one eye on America as it appoints former JP Morgan real estate banker Dennis Lopez as global chief investment officer and head of fund management. PERE Magazine October 2009

Prudential Real Estate Investors was one of only two private equity real estate firms to survive the RTC intact, becoming – in time – one of the world’s largest real estate investment managers. Despite its global heft though, chief executive officer Allen Smith believes the firm is as nimble, and flexible, as any boutique operation. PERE Magazine October 2009

Are separate mandates, such as Rockspring’s appointment by The National Pension Service of Korea, another threat to blind pool funds? PERE magazine October 2009

Sydney-based Charter Hall accepts the need for 'club’ funds. But the firm’s MD says investors join more to control the timing of investments than for veto rights. PERE magazine October 2009

Qatar has opened its doors to Singapore’s Pacific Star, granting the firm a licence to do business within its borders and a green light to open up shop. But it wants to receive as well as give. PERE magazine October 2009

GI Partners says REITs rushing to raise equity in rights issues could be storing up problems for the future. Instead they should look to JVs with private equity players. PERE magazine October 2009

Kennedy Wilson insists its eye for distressed deals won’t be diminished by its takeover by blank-cheque company, Prospect Acquisition. PERE magazine October 2009

The investment manager has tapped Cathy Ebert to play the role that placement agents once did. PERE magazine October 2009

Industry vets compare their RTC adventures to the current crisis. PERE Magazine October 2009

A budget crisis in California means less news for PERE. PERE magazine October 2009

An extravagant development in Dubai comes to a halt. PERE magazine October 2009