November 2016 Issue


    Month: November
    Year: 2016

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    ASIA RT: Waiting for the storm

    Macroeconomic shocks and a long real estate bull run have left the industry second-guessing the timing of the next correction. But the investment managers at PERE’s Asian roundtable say the lessons from previous crises have not been forgotten.

    BLUEPRINT: Upping the ante

    German insurance powerhouse Allianz is aiming to grow its real estate assets under management by around 25% by 2020. Its chief executive tells Thomas Duffell how it plans to manage such a formidable task

    EUROPE NEWS:Regulation by management

    Such is the weight of capital seeking prime property in Europe, the region’s investment managers are having to act as ‘a brake,’ delegates at this year’s EXPO Real conference in Munich heard from a panel moderated by PERE 

    AMERICAS GC: Preparing for co-investments

    With the popularity of investing alongside private equity real estate funds on the rise, sponsors should ready themselves accordingly, says Joshua Sternoff, partner at law firm Paul Hastings.

    ASIA NEWS: Putting the table together

    AXA IM has made a major stride in building its pan-Asia platform with the acquisition of one of Australia’s biggest private real estate investment managers, and there is more to follow, according to the firm’s Asia-Pacific head.

    EUROPE GC: Of asteroids and craters

    Uncertainty in real estate markets sees investors kicking the can down the road, writes Professor Lorenz Reibling, chairman and senior partner at US and Europe private equity real estate firm Taurus Investment Holdings

    EUROPE NEWS: Man of the moment: Nick Weber

    After forging a formidable investment track record at Goldman Sachs and Mount Kellett, Nick Weber is going it alone. By Jonathan Brasse 

    AMERICAS NEWS: Hungry for multifamily

    Lennar Corporation’s subsidiary brought in $2.2bn for the largest-ever multifamily fund.

    STATESIDE: Getting ready for a dislocation

    Recent redemption activity in US core real estate funds is a new indicator of how close some investors believe we are to a market correction.

    ASIA NEWS: Forum changes tack

    Forum Partners’ decision to cancel its fourth Asia fund is part of a broader global strategy to focus on deal-by-deal investing for now.

    AMERICAS NEWS: Cushman’s gain

    The New York-based brokerage has poached some of Eastdil’s top brokers, signaling a commitment to becoming a capital markets powerhouse.

    EUROZONE: Crowdfunding 2.0

    Crowdfunding is growing in the private real estate sphere. It was only a matter of time before an institutional breed of the business appeared on the scene. By Jamie Henderson

    EDITOR'S LETTER: Epic EXPO epilogue

    EDITOR'S LETTER: Epic EXPO epilogue Jonathan 2016-11-01 Brasse It always pays to hear questions from the audience after a conference panel. During last month’s annual EXPO Real conference in Munich, delegates were reminded how much easier it is to raise institutional money for real estate inve

    AMERICAS NEWS: Bigger and bolder

    Best known as a core real estate investor, UBS Asset Management is taking on riskier plays with its latest property venture in Brazil.

    IF THESE WALLS: Banking on Frankfurt

    Samsung SRA Asset Management, the investment subsidiary of the South Korean insurance giant Samsung Life Insurance, is buying Germany’s tallest building for around €720m.

    ASIA NEWS: A major overhaul

    Asia-targeting private equity real estate firm Aetos has scaled back its operations and revised the investment strategy for its latest fund.