December / January 2011 Issue
US NEWS: True north heads south
OMERS plans to aggressively build its US real estate presence over the next five years as it looks to diversify its portfolio. PERE Magazine, December 2011/January 2012 issue
US NEWS: Incentives to invest
Some of the largest funds in the market this year are offering incentives to LPs, and many are saying this is simply par for the course. That is certainly true for Carlyle, which just closed its current offering, and Westbrook, which launched its latest fund. PERE Magazine, December 2011/January 2012 issue
US NEWS: All the single families
As the US government moves to sell off a vast inventory of foreclosed homes, a number of private equity real estate firms are looking to get in on the action. PERE Magazine, December 2011/January 2012 issue
SPECIAL REPORT: RREEF under review
Regulatory changes and associated costs have led Deutsche Bank to review the future of its global asset management arm, which includes its €41 billion real estate platform, RREEF. PERE Magazine December 2012 issue.
SPECIAL REPORT: D-day for G7
The fate of Morgan Stanley Real Estate Investing’s seventh global opportunity fund lies in a vote by investors scheduled for this month. PERE Magazine December/January 2011/2012 issue.
ROUNDTABLE: (Re)building the case for Asia
Private equity real estate firms in Asia are feeling bullish about investment prospects for the region, particularly China, but they still need to convince global investors to share their optimism. PERE Magazine December/January issue 2011/2012.
INTELLECTUAL PROPERTY: Second chance
A number of private equity real estate firms are nearing the end of their investment period for large funds they raised during or immediately after the global financial crisis. With a decent amount of capital left in each, the decision on how to proceed may be telling as to the firm’s confidence moving forward. PERE Magazine, December 2011/January 2012 issue
FEATURE: Stern-struck
The chief executive officer of Starwood Capital Group provided his views on the global economy and where he sees investment opportunities in today’s markets. PERE Magazine, December 2011/January 2012 issue
FEATURE: The situation with special situations
Due to volatility in the US and Europe, real estate-focused special situations funds are continuing to gain popularity among the investor community. PERE Magazine, December 2011/January 2012 issue.
FEATURE: Time to redefine
The old ‘fund of funds’ nomenclature might need to change now that such managers are expanding their investment horizons. PERE Magazine, December 2011/January 2012 issue
FEATURE: Rebooting Ireland
One year after its €85 billion bailout by the European Union and the International Monetary Fund, Ireland is looking to the private equity real estate sector to play a part in its plans to rebuild the country’s economy. PERE Magazine, December 2011/January 2012 issue.
EUROZONE: BVK’s PR campaign
If you are looking for some positive news in Europe (and chances are you will be), how is this for a message: “Private equity real estate funds, we need you. Love, Germany’s biggest pension fund. PERE Magazine, December 2011 issue.
EUROPE NEWS: France’s property push
For the first time, a pension plan for French civil servants plans to select two real estate managers to buy property across France and Europe. PERE Magazine, December 2011 issue.
EUROPE NEWS: Big and bigger
CBRE Global Investors is plotting new fund launches next year, including a European distressed debt fund. PERE Magazine, December 2011 issue.
EUROPE NEWS: A positive thing
In its first interview since announcing an agreement with JER Partners to take on the firm’s two primary European funds, LaSalle says it is looking for more such deals According to Jeff Jacobson, global chief executive officer of LaSalle Investment Management, and Sue Lloyd-Hurwitz, managing director for Europe, the real estate investment management firm is actively looking at the acquisition of teams in Europe and elsewhere. PERE Magazine, December 2011, January 2012.
EDITOR'S LETTER: Reputations
December 2011, January 2012 issue.
ASIAVIEW: ANREV sheds first light
ANREV’s long-anticipated non-listed fund performance index was born with teething issues, but it was nonetheless welcomed. PERE Magazine December/Janaury 2011/2012 issue.
ASIA NEWS: Quickly and together
Altis believes short investment periods and attractive co-investment options should help to lure investors into its second opportunity fund. PERE Magazine December/January issue 2011/2012.
ASIA NEWS: Blind-pool clubbing
The structure has been touted before, but Secured Capital and Aviva Investors are putting words into action by launching a blind-pool club for Japan. PERE Magazine December/January 2011/2012 issue.