March 2012 Issue
US NEWS: RREEF downsizes US opportunistic team
The real estate investment business of Deutsche Bank’s asset management division has made further cuts to its US opportunistic investments group in recent weeks, as the firm turns more of its attention to investing in Europe. PERE Magazine, March 2012 issue
US NEWS: Don’t call it a comeback
Morgan Stanley’s private equity real estate arm reportedly is gearing up to launch a US-focused vehicle in the wake of extending the investment period for its latest global fund. PERE Magazine, March 2012 issue
US NEWS: Apollo’s afterburn
Apollo Global Management’s attempt to build a sizeable real estate platform is being scrutinised following the departure of some key personnel. PERE Magazine, March 2012 issue
SPECIAL REPORT: Blackstone’s evolution
Recent changes to the New York-based private equity firm’s real estate team mark the latest chapter in the business’ 20-year history. PERE magazine, March 2012 issue
INTELLECTUAL PROPERTY: Over there
The Yanks are coming to Europe to invest in real estate as opportunities begin to emerge and new research supports the move. PERE Magazine, March 2012 issue
FEATURE: Spread’em!
Seeing an opportunity created by the pullback of large banks in Europe, opportunistic-style real estate firms are becoming senior loan providers. PERE magazine, March 2012 issue
FEATURE: Restocking the loan shops
The US debt market is no longer like an under-stocked ice cream shop, but that doesn’t necessarily mean borrowers have an abundance of choice just yet. PERE magazine, March 2012 issue
FEATURE: Back in the saddle
With the commercial mortgage-backed securities market showing signs of new life, there could be good news for private equity real estate firms seeking much-needed debt capital. PERE magazine, March 2012 issue
EUROZONE: Equity crunch
More than a dozen or so general partners are in the market or are expected to come to market this year with next-generation European opportunity funds, prompting suggestions of an ‘equity crunch'. PERE Magazine March 2012 issue.
EUROPE NEWS: Ten gallon investing
The recent multi-manager mandate awarded to Aberdeen by the Employees’ Retirement System of Texas is the latest sign of US institutions increasing their appetite for European real estate. PERE Magazine, March 2012 issue.
EUROPE NEWS: The ADIA express
‘Train collector’ Pascal Duhamel joins ADIA to head up European investing. PERE Magazine March 2012 issue.
EUROPE NEWS: Out on his own
Tristan Capital Partners was set to close its debut core-plus fund on €420 million in commitments last month. Next up: an opportunity fund. PERE Magazine March 2012 issue.
EDITOR'S LETTER: Walking on water
EDITOR'S LETTER: Walking on water 2012-03-01 Robin Marriott Welcome to the March issue of PERE, which coincides with our 2011 Awards & Annual Review issue. I must confess that looking back over the events
EUROPE NEWS: All hail the oppo fund
RREEF Real Estate has made a case for opportunistic investing in Europe, having found that such high-risk strategies delivered total returns of 11.7 percent between 2002 and 2010. PERE Magazine March 2012 issue.
BLUEPRINT: The metamorphosis of Pacific Star
The pan-Asia real estate investment management business of Singaporean entrepreneur Jeff Tay is poised to enter the next stage of its evolution. Will its development aspirations compare to its former glories? PERE Magazine March 2012 issue.
ASIAVIEW: Courting (the right) attention
Getting on the recommended list of investment consultants might seem arduous, even invasive, but it is well worth it. PERE Magazine March 2012 issue.
ASIA NEWS: Zombie eaters
James Quille, chairman of MGPA, says the Asia- and Europe-focused firm is eyeing consolidation opportunities and has appointed its COO, Neil Jones, as head of business development to scout out deals. PERE Magazine March 2012 issue.
ASIA NEWS: Operator over allocator
ADIA’s former acting head of Asia real estate plans to offer investors closer access to their investments with his China-focused start-up. PERE Magazine March 2012 issue.
ASIA NEWS: Korea down with oppo funds
NPS expects opportunity funds to play their part as it seeks to grow its property portfolio by $1.5 billion to $2 billion each year. PERE Magazine March 2012 issue.
ASIA NEWS: A good start
Long Hills Capital has teamed up with a Chinese supermarket group to support projects funded by a hybrid investment vehicle mimicking that of TAN-EU. PERE Magazine 2012 issue.