July / August 2014 Issue
ASIAVIEW: Turn of the tide
LaSalle’s fortunes in Asia are changing, but it has taken time for the message to seep out. PERE Magazine July/August 2014 issue.
ASIA NEWS: The Fudo five
CLSA’s third pan-Asia fund is less dependent on John Pattar, and its documentation reflects that with five key staff. PERE Magazine July/August 2014 issue.
STATESIDE: The closed-ended challenge
The growth of the DC market is shaping up to be a boon for open-ended core funds, but that doesn’t mean closed-ended, non-core fund managers necessarily need to be worried. PERE Magazine, July/August 2014 issue
PERE’s got talent
Every shop has its own method of recruiting both junior and senior talent, and three case studies show how teambuilding tactics vary from firm to firm. PERE Magazine, July/August 2014 issue.
NORDICS ROUNDTABLE: Pickin’ and grinnin’
When it comes to real estate investment, there is not much ‘low-hanging fruit’ in the main cities of the Nordic nations, so versatility is required. PERE Magazine, July/August 2014 issue.
ASIA NEWS: Land rovers
CBRE Global Investors has raised $470 million so far for its China fund, but the firm is biding its time before deploying it. PERE Magazine July/August 2014 issue.
ASIA NEWS: India Modi-fied
Having Modi come to power seems like a dream come true for investors in India, but the battle to get the country’s real estate industry back on track isn’t over yet. PERE Magazine July/August 2014 issue.
EUROZONE: The science of the World Cup
Why Spain crashing out of the World Cup almost certainly means those getting excited about investing in the country’s real estate are right to be so. July 2014 issue
EUROPE NEWS: The magic of Spain
The former head of Deutsche’s private equity real estate business in Iberia and North Africa explains why his new firm, MAGIC Real Estate, is raising €1.5 billion via an IPO. PERE magazine July 2014 issue
EUROPE NEWS: Terra Firma LPs paid in shares
Investors in Terra Firma’s Deutsche Annington Fund have received ordinary shares in the company rather than be paid returns
EUROPE NEWS: Spend it like Blackstone
Ahead of his on-stage interview at the PERE Summit, Blackstone’s Ken Caplan spoke about the firm’s European activities, including its new core-plus unit. PERE July 2014 issue
EUROPE NEWS: Directive becomes reality
At least 35 real estate managers have gained an AIFM license so far, but there is a backlog of applications causing delays. PERE magazine July 2014
Celebrate the difference
TIAA-CREF and Henderson have just launched their global alliance, bringing together teams from the US, Europe and Asia. Now, according to chairman Thomas Garbutt and chief executive James Darkins, it is time to deliver to investors.
Big firm, bigger pay
Compensation for senior executives is correlated to a firm’s assets under management, according to a recent survey. PERE Magazine, July/August 2014 issue.
ASIA NEWS: No quick turnaround
Speakers at this year’s PERE Forum in China painted a tale of caution, but not panic, as credit tightening and supply-demand imbalances force investors to adapt to a new norm. PERE Magazine, July/August 2014 issue.
ASIA NEWS: CalPERS’ competitive pledge
In a candid on-stage interview, Ben Meng, global head of asset allocation at the giant pension plan, revealed its approach in China. PERE Magazine, July/August 2014 issue.
AMERICAS NEWS: Raising the stakes
With a new real estate chief in Mexico, MetLife is moving beyond debt into new strategies and new markets in the region. PERE Magazine, July/August 2014 issue
AMERICAS NEWS: The PE approach
Four years after deciding to go direct in real estate, Allstate is taking its initiative to the next level by investing in operating companies. PERE Magazine, July/August 2014 issue
AMERICAS NEWS: More bang for the Buck
The John Buck Company’s latest fund offering is using an atypical ‘investor-friendly’ fee structure in order to raise capital for development joint ventures. PERE Magazine, July/August 2014 issue
AMERICAS NEWS: Energy rush
Related is one of the first fund managers to have a targeted investment strategy for energy-related real estate, but the space already is starting to get more competitive. PERE Magazine, July/August 2014 issue
Adjusting your recruitment strategy
If that job posting is not leading to the hire you had in mind, perhaps a different strategy is warranted. PERE Magazine, July/August 2014 issue.