March 2017 Issue
EUROPE NEWS: Woman of the moment: Isabelle Scemama
One of AXA Investment Managers – Real Assets’ veterans is stepping up to the top job following the departure of Pierre Vaquier. By Jamie Henderson
EUROPE NEWS: Two birds with one deal
Henderson Corestate Capital, the Swiss-based real estate firm, has acquired Liverpool’s most iconic property, The Royal Liver Building, for £48 million ($60 million; €57 million) – the first time the office property has been bought since its constructio
EUROZONE: The Swiss are coming
With a public pension pot of more than €800bn and one of the most keenly priced real estate markets in Europe, Swiss institutional capital needs to make moves in international property investment. By Jamie Henderson
AMERICAS NEWS: The big spin
Harvard’s direct real estate team, one of its most profitable investments groups, will become an external manager by year-end.
ASIA VIEW: Taking advantage of the disruption
At PERE’s annual Asia Summit, the region’s leading real estate investment managers highlighted disruptive technologies as a key risk in Asia’s property markets. But with risk can come reward.
ASIAVIEW: Signal of intent
GPIF’s hiring of real estate veteran Hideto Yamada is the latest sign that the world’s largest pension fund is about to make its move into property investing.
IF THESE WALLS: Returning to its former glory
Once the world’s tallest building, Chicago’s iconic Willis Tower is getting a hefty capital injection with $500m in renovations.
ASIA GUEST COMMENTARY: On the radar
Global institutional investors are making moves into Vietnam as property markets benefit from the country’s economic growth story, according to David Blackhall, managing director for real estate at Vina Capital
AMERICAS NEWS: Men of the moment: Michael Humphrey and Kevin Lynch
The private real estate sector mourns two pioneers of the real asset advisory world who died within months of each other.
STATESIDE: Meeting points
Many private equity real estate firms should focus on improving their annual investor meetings – and potentially raise more capital in the process.
AMERICAS GC: Guarding against volatility
Investors should add to their property holdings but heed certain factors as they do so, says Meagan Nichols, head of the real assets investment group at Cambridge Associates.
ASIA NEWS: Gearing up in Asia
Greystar has appointed its first executive for a new rental housing platform in the region.
EDITOR'S LETTER Forget the politics, follow the demographics
Last month, PERE convened five senior private real estate executives in London for our yearly Europe roundtable. We geared our questions around the political agenda of the region that is dominating mainstream media at present. The funny thing was, we didn’t spend much time on the topic.
EUROPE NEWS: Cross-border traffic
A host of US firms are entering new European markets despite political uncertainty hanging over the continent. By Jamie Henderson
BLUEPRINT: Batting for doubles
Private equity entrepreneur Jean Salata has forged a glowing reputation in Asia after forming a $10bn business from the embers of Barings bank. With sector veteran Mark Fogle by his side, he wants a repeat in real estate. Thomas Duffell hears the story so far
ASIA NEWS: A whopper of a deal
Hong Kong’s first commercial land sale in its prime business district in two decades is slated to happen this month.
HOT STORY: A small matter of money
How does your pay packet compare with your peers? PERE presents exclusive research to let you find out.
EUROPE GUEST COMMENTARY: A slimmer future for CRE
The pressure on private real estate investment managers to prepare for less but better property is greater than many realize, says Alex Price, chief executive of London-based Palmer Capital Partners