July / August 2013 Issue
SPECIAL REPORT: Sweet then sour
When international investors were presented with plans for China’s biggest private real estate fund by entrepreneurs Kenneth Hung and Vincent Lo, they flocked to the vehicle in droves. Some haven’t touched Asian real estate since. PERE Magazine June 2013 issue.
SPECIAL REPORT: Natural evolution
The latest big real estate merger sees TIAA-CREF, the New York-based financial services group, and Henderson Global Investors agreeing to combine forces in Europe and Asia to create a new global platform. PERE Magazine, July/August 2013 issue
STATESIDE: Billion-dollar babies
There haven’t been this many large funds in market since before the global financial crisis, and that says as much about general partners as it does investors. PERE Magazine, July/August 2013 issue
FEATURE: Cream of the crop
Timber and farmland investments are better able to withstand downturns and are stronger performers than traditional real estate. PERE investigates why more investors aren’t committing capital to these asset classes. PERE Magazine, July/August 2013 issue.
FEATURE: Healthy alternatives
Investors looking for yield and higher returns in the US are realizing that alternative real estate such as student housing, medical office and self-storage properties may be their best bet. PERE Magazine, July/August 2013 issue.
FEATURE: A game of operation
Managers of alternative real estate assets in Europe are recognizing the need to supplement their real estate knowledge with operational expertise in order to make their investments work. PERE Magazine, July/August 2013 issue.
EUROZONE: Monkey in the middle
Henderson Global Investors had the same affliction of being stuck in the middle as a mid-sized manager that requires a larger financial partner in order to grow. July August 2013 issue.
FEATURE: Asia’s ‘double’ emerging market
Although alternative real estate investment seems like additional risk for Asian strategies, certain fund managers actually are seeing the benefits of buying in markets with scant competition. PERE Magazine, July/August 2013 issue.
NORDICS ROUNDTABLE: Stock tactics
There may have been rioting in Stockholm a few days before PERE arrived in the city, but it was business as usual for those engaged in real estate investing in the Nordics. PERE Magazine July/August 2013 issue.
EUROPE NEWS: The Google effect
The ‘occupier’ was a main theme of the ninth annual PERE Summit in London, where Google’s Matt Brittin talked about the effect of the ‘asset-light’ generation. PERE Magazine JULY AUGUST 2013 issue.
EUROPE NEWS: Out of Copenhagen
Denmark’s largest private pension plan buys a €100 million secondaries portfolio as it rolls out a new international expansion program. PERE Magazine July August 2013 issue.
EDITOR'S LETTER: The heat is on
PERE magazine July August 20133 issue
EUROPE NEWS: KKR makes European debut
The New York-based private equity firm has been bidding on numerous assets in Europe and last month announced its first deal. PERE Magazine July August 2013 issue.
BLUEPRINT: Upping its game
Private equity giant TPG Capital has placed real estate among its top three strategies. Kelvin Davis, who oversees the firm’s real estate activities, explains the mission. PERE Magazine July, August 2013 issue.
ASIAVIEW: International clearance
Taiwanese insurers are more likely to buy international real estate than Japanese REITs, even though both are now permitted to do so. PERE Magazine July/August 2013 issue.
AMERICAS NEWS: Rise of the non-traditional buyer
The real estate secondaries market has gotten more liquid as the pool of atypical buyers has gotten a lot bigger. PERE Magazine, July/August 2013 issue
AMERICAS NEWS: The billion-dollar deal returns
A series of recent deals in Manhattan suggest that investors once again are willing to pay top dollar. PERE Magazine, July/August 2013 issue
AMERICAS NEWS: Investing from down under
Australia-based Queensland Investment Corporation has entered the US real estate market—and plans to grow its North American presence. PERE Magazine, July/August 2013 issue
ASIA NEWS: Money where its mouth is
The Blackstone Group has held the largest first close of a private equity real estate fund in Asia since the start of the financial crisis, just as it predicted. PERE Magazine July/August 2013 issue.
ASIA NEWS: An open and shut case
PREI Asia is closing its Beijing office as part of a wider centralization initiative that will see strategic decisions about China made in Hong Kong. PERE Magazine July/August 2013 issue.
ASIA NEWS: In the RMB groove
A recent property sale by a dollar-denominated fund to a Chinese currency fund signals greater exit options for opportunistic players. PERE Magazine July/August 2013 issue.