March 2016 Issue

Not one, but two, publicly-traded REITs with private equity real estate holdings are now up for sale.

It is said that CLSA’s real estate chief, John Pattar, has great timing. PERE’s Thomas Duffell sat down with him to work out what makes one of Asia’s most successful property fund managers tick.

Europe is currently an area of unpredictability. From the potential for a ‘Brexit’ to tension between countries over migrants interspersed with occasional terrorist atrocities, one could depict the region as volatile. Yet that is only one side of the story. Four longstanding European managers explain why they can see through the trouble.

Asia-focused real estate managers have been shifting strategies and focuses in their quest for yield in a low-interest environment, says Henry Chin, head of research at CBRE Asia Pacific.  

Private equity real estate firms – and their investors – have been forced to comply with ever-increasing rules and regulations following the global financial crisis. Nearly ten years on the industry continues to work toward compliance.

Adoption of negative interest rates is expected to benefit the country’s property sector.  

Global firms operating in the UK should take note of how slated changes to carried interest taxation may affect their locally based executives.

CBRE Global Investors’ restructuring in Asia sees value-add funds being raised and managed by its Global Investment Partners division.  

With value-add real estate, Oaktree is pursuing the latest step-out strategy in its property business, but without more clarity, the new approach may not be an easy sell.

Data centers could become a lucrative investment opportunity in Asia if investors realize the underlying benefits  

Many regulatory reforms have recently been passed in India. This is welcome news but still not the panacea the industry was hoping for.

Metropolitan received a boost from its parent in raising its first fund under its parent company

The new head of Europe and the US for the direct property investment arm of Macquarie is charged with re-engaging the market.

One of the largest European insurers is making the US a bigger real estate focus.

Real estate’s position within the real assets space is shifting amid the rise of other hard asset classes.

The indirect investment arm of the British property firm has made its first foray into the region by backing RMB Westport’s latest fund.

Los Angeles tech workers and families have a new place to play, eat and shop with the near completion of Runway Playa Vista, a mixed-use development Invesco purchased last month for $475 million.

It is questionable whether real estate investors can really outsmart the public markets, says Sonny Kalsi, co-founder of GreenOak Real Estate.

Global Logistic Properties and CPPIB have formed their second Japanese logistics joint venture.  

Heading to the edges of Europe’s property markets provides a better risk-return trade off amid fierce competition for assets in the region, says Greg Mansell, senior strategist at AXA Investment Management - Real Assets.

Daniel Engel, global head of private equity and debt product, BNP Paribas Securities Services, discusses the ramifications of Europe’s current and incoming regulation.

Catch my style drift? Jonathan 2016-03-01 Brasse Whatever the point in a market cycle, certain topics have a habit of rearing their heads. For me, last month’s was style drift, one of the market’s traditional taboos. Two bits of news, coincidentally each involving Los Angeles-based managers,

The French insurance giant has acquired The Tour First office building in Paris-La Défense, the second time the skyscraper has been in its hands.

Global rules to curb tax-evading multinationals look set to inadvertently disrupt real estate investment managers.