June 2017 Issue
ASIA VIEW: Time for a shift
With property markets peaking, Korean investors are showing it is a good time to be moving the focus from equity to debt.
AMERICAS NEWS: Thinking globally
One year after its spinout from its Canadian pension plan parent, QuadReal is pursuing an ambitious global expansion.
EDITOR'S LETTER: The realest of the real
It is hard to argue against institutional investors’ appetite for infrastructure assets.
RESI SPECIAL REPORT: The millennial challenge
Institutional investors can meet the US’s growing housing affordability crisis while hitting returns, says Clay Grubb, chief executive of Grubb Properties
SPECIAL REPORT: The great Chinese workaround
Faced with a regulatory crackdown on capital outflows, Chinese investors are finding ways to bypass controls on outbound investing, writes Arshiya Khullar
AMERICAS NEWS: Refuting a green myth
Gerding Edlen is defying the commonly-held industry assumption that sustainable real estate investments require high upfront costs and a long-term payoff.
RESI SPECIAL REPORT: Renting the American dream
Opportunistic real estate players’ post-recession gamble on the single-family rental market has paid off, but not without investor concerns.
EDITOR'S LETTER Property investment’s existential crisis
Private real estate investment in its current format is facing an existential issue.
EUROPE NEWS: Private equity’s IPSX appeal
Property’s first dedicated trading exchange won backing from private equity real estate firm Moorfield Group, last month. Here are four takeaways.
AMERICAS NEWS: Park Hill gets more direct
Placement agency joins global peers with direct real estate business.
RESI SPECIAL REPORT: Older and wiser
After two successful senior housing investments, KKR’s US head of acquisitions explains why there is still runway left in the increasingly crowded space.
UK ROUNDTABLE On the defensive
Investors in UK real estate are looking to reduce risk in a market that appears expensive and continues to be overshadowed by the prospect of Brexit.
FUND FINANCE: Managing the cashflow
Since Oaktree’s Howard Marks sounded the alarm on subscription line financing, criticism has rained down on an established product. Kalliope Gourntis spoke with investors and managers across the private asset classes about the facilities
AMERICAS NEWS: Man of the moment: Lee Millstein
Cerberus promotes cross-border and asset specialist to global head.
ASIA NEWS: India’s crude healthcare sector
A first dedicated healthcare fund has been launched as government support builds.
IF THESE WALLS COULD TALK: Born survivor
After repeated bombings, a 120mph hurricane and a Jimi Hendrix concert, London Olympia has proved an enduring feat of engineering.
ASIA NEWS: Going niche
InfraRed NF is taking its first bet on an underinvested property type in Asia. Here are five key elements to the deal.
FUND FINANCE: Everything in moderation
Investors are broadly happy with the benefits that subscription lines can bring their funds, but the facilities may contain restrictions they need to be aware of. Andy Thomson reports
EUROZONE: Going Dutch
With the election of a new French president, expect the country’s real estate investment volumes to rebound – just ask the Netherlands.
EUROPE NEWS: The Jurys out
EUROPE NEWS: The Jurys out Jamie 2017-07-01 Henderson Dallas-based private equity giant Lone Star Funds is continuing its recent strategy of offloading European assets, following last month’s news that it was seeking to dispose of a portfolio of 42 hotels, comprising six Hilton and 36 Jurys I
EUROPE NEWS: Customizing cross-border investing
Delancey chairman Jamie Ritblat says the firm’s new Asia-focused advisory business aligns with Asian investors’ growing interest in European exposure.
Europe GC: The fund manager's perspective
Flexible tenancies and less credit means outright ownership can’t be the only way of making money from real estate, writes Russell Platt, chief executive of Forum Partners.
BLUEPRINT: Down at the coalface
Chief executive Paul Weightman believes a bottom-up approach and an instinct for risk learned from his grandfather will help Cromwell crack the European market.
Roundtable: China’s new capital
Local asset managers have become active participants in China’s real estate market, amid growing signs of stability in the domestic economy and capital controls. Arshiya Khullar finds out how the industry is responding to the new competition
EUROPE NEWS: BlackRock hits fundraising milestone
The asset management giant held a final close for the latest offering in a fund series it inherited in its 2013 purchase of MGPA.
RESI SPECIAL REPORT: Beyond the white picket fence
The state of the US housing market, and the opportunities it has created for private real estate investors, has become one of the most compelling stories of the PERE Investing in Residential report
STATESIDE: Back at the races
With the hire of Joe Azelby, New York private equity firm Apollo Global Management is better positioned to claw back ground from its peers.
AMERICAS GC: Answering the diversity question
The problem of getting a wider range of voices in real estate can be tackled with a three-pronged approach, says Gemma Burgess, managing director at Ferguson Partners.