April 2012 Issue


    Month: April
    Year: 2012

    Back to Print Editions

    US NEWS: Growth through diversity

    USAA Real Estate, which recently acquired an interest in Square Mile, has nearly quadrupled in size over the past six years. According to its president, that has been the natural by-product of diversifying its offering. PERE Magazine, April 2012 issue

    US NEWS: Bossa nova bulls

    New York’s Related Companies is joining the party in Brazil, lured by the emerging market’s long-term growth potential. PERE Magazine, April 2012 issue

    US NEWS: AIP’s senior switch

    Coinciding with the abrupt departure of its former head, Morgan Stanley’s real estate fund of funds group is bringing back its former chief capital-raiser. PERE Magazine, April 2012 issue

    SPECIAL REPORT: Olivier’s twist

    Olivier de Poulpiquet, co-chief executive officer and co-chief investment officer of Morgan Stanley Real Estate Investing, talked about corporate ethos, investor confidence and regional funds during a one-on-one interview at the recent PERE Summit in Asia. PERE magazine, April 2012 issue.

    SPECIAL REPORT: Contemporary art (of the deal)

    By buying parts of Deutsche Bank Asset Management, including RREEF Real Estate, Guggenheim Partners could quadruple in size – earning the firm a place among the industry’s all-time deals. PERE magazine, April 2012 issue

    INTELLECTUAL PROPERTY: Ye olde boys club

    As private equity real estate adapts to a new world order in regard to regulation, fundraising and investment, it is the industry’s antiquated stance on diversity that needs changing the most. PERE Magazine, April 2012 issue

    IF THESE WALLS COULD TALK: Third time’s the charm

    The 10-building, 1.7 million-square-foot office complex known as Pacific Shores Center has had a much more tumultuous history than one would expect from such a relatively new asset. PERE magazine, April 2012 issue.

    FEATURE: More coffee, less champagne

    Taking stock of the real estate markets over a coffee rather than champagne was the order of the day for the PERE team in keeping with the lower-key nature of MIPIM nowadays. PERE Magazine April 2012 issue.

    EUROZONE: The billionaire club

    A new company has created a solution for family offices wishing to join together to buy property. PERE magazine April 2012 issue

    EUROPEAN ROUNDTABLE: Wary beasts

    International investors are still wary of committing to higher-risk strategies in Europe, but they are slowly creeping back. PERE Magazine April 2012 issue.

    EUROPE NEWS: French REsistance

    French courts have upheld protection from bankruptcy for the massive Coeur Défense office complex in Paris, which ultimately is owned by two Lehman entities and the GE Pension Trust. PERE Magazine April 2012 issue.

    EUROPE NEWS: Irish eyes are smiling

    Last month, Morgan Stanley struck a deal to buy loans with a value of €220 million from Ireland’s National Asset Management Agency. PERE Magazine April 2012 issue.

    EUROPE NEWS: Buyout firms build out

    Private equity giants Kohlberg Kravis Roberts and TPG Capital have reached the point of hiring dedicated real estate professionals in London. PERE Magazine April 2012 issue.

    BLUEPRINT: Exporting OMERS

    The Ontario Municipal Employees Retirement System is building a reputation as an influential real estate player via its captive real estate arm, Oxford Properties. In an interview with PERE, Oxford’s team talks about its plans to own C$30 billion in assets by 2015, its expansion around the world and why it isn’t interested in third-party funds. PERE magazine, April 2012 issue.

    ASIAVIEW: Touching the void

    Tokyu Livable’s appointment of ex-CalSTRS executive Charles Haase to build an investment management platform might have been surprising, but it makes sense. PERE Magazine April 2012 issue.

    ASIA NEWS: When time is up

    Pamfleet raised about two thirds of the capital it originally had targeted for its debut commingled fund. Regardless, it wants to put that to work rather than hunt for more. PERE Magazine April 2012 issue.

    ASIA NEWS: The big Zulkoski

    He’s built and sold Asian investment management businesses before, but with his new firm, Laurasia Capital Management, Robert Zulkoski is thinking big picture. PERE Magazine April issue 2012.

    ASIA NEWS: Familiar bedfellows

    InfraRed has teamed up again with the Nan Fung Group for its second Chinese real estate fund, ensuring co-investment rights to the Hong Kong company’s deals. PERE Magazine April 2012 issue.