Jonathan Brasse
In DTZ’s first Money into Property report for Asia, the firm notes a rise in transaction volumes across the continent but warns the market cannot assume the bottom of the market has been reached.
The European Bank for Reconstruction and Development (EBRD) has proposed a €75 million commitment to Chicago-based Heitman’s European Property Partners IV fund. The vehicle is targeting €600m of equity by its final close in September.
This month saw two direct investments in the City of London by Middle Eastern investors better known for making third party investments into blind pool, discretionary funds. PERE spoke with the agent behind these deals about their wind change in investment priorities.
Property Investors’ president and CEO Roger Orf highlighted the increased availability of cheap commercial real estate debt packages as one of three investment opportunities of tomorrow at the PERE Forum: Europe.
While many investors are 'shell-shocked', Citi Property Investors’ president and CEO Roger Orf believes a trio of future investment opportunities offer up reasons for optimism. He said debt, residential and real estate securities could be 'silver linings'.
Aberdeen Property Investors raised just half its target for its second Asia fund of funds. The firm is now playing defence as it tries to ensure the capital is invested wisely, including keeping a 'reserve' to address future risks. PERE June 2009
In his scant spare time, John Grayken, the founder of distressed asset 'monster' Lone Star, enjoys reading about the great men of history. With billions of dollars in distressed property and debt coming out of today's financial crisis, PERE takes a look at a highly private man perfectly positioned to benefit from the mess ... and to perhaps achieve enduring greatness himself. PERE June 2009
Brazilian senator Ideli Salvatti has told local media that the government is planning to provide up to $2.5 billion in emergency loans to companies undertaking state-sponsored infrastructure projects.
Having announced an investment of over €130 million in eight warehouses in continental Europe earlier this week, the Paris-based firm has continued its logistics drive with the further announcement of a purchase of four warehouses from London-listed Brixton.
Robin Hubbard is joining the London office of Los Angeles-based property services firm CB Richard Ellis to help tap clients interested in equity commitments to limited partnerships, joint ventures, or club deals.