Internet traffic is growing rapidly, and so is the need to store data in safe, reliable places. A UK-based fund manager is pursuing an investment strategy based on the trend. Philip Borel reports
5 min read · 08 February 2013
The $123.8bn California pension plan took a 50% write-down in its value-added/opportunistic real estate investments in the year to 31 March 2009. The pension has completely written off its equity in some funds, while others are currently reporting IRRs of more than -100%.
2 min read · 08 February 2013
Prudential Real Estate Investors has disposed of a 570,000-sq-ft office to US REIT KBS. It comes as the real estate investment firm also repaid $145m of a $616m credit facility with JV partner Kimco Realty.
2 min read · 08 February 2013
The metal parts manufacturer is negotiating with debt holders over a debt exchange that is integral to the closing of the deal.
2 min read · 08 February 2013
Private equity firms will face lower barriers to investment in banks, after the US banking regulator voted to modify some of the more controversial aspects of its regulations for private equity owners.
3 min read · 08 February 2013
The scarcity of lines of credit has hit the operations of small firms especially hard, and those without strong existing ties with banks will likely have to survive without credit sources until 2011.
3 min read · 08 February 2013
These 15 firms have the skills and strategies to dominate the real estate wasteland, say market insiders. PERE Magazine September 2009.
10 min read · 08 February 2013
The US banking regulator scaled back its proposed rules, easing certain requirements that had attracted industry criticism including Tier 1 leverage ratios.
4 min read · 08 February 2013
PERE Magazine September 2009: Although it sits on a massive pile of dry powder, the world’s largest private equity real estate firm has directed its professionals to first spend their time deeply researching macro trends around the world, as well as briefing LPs about their findings. Jonathan Brasse recently interviewed the London-based team that spearheaded this back-to-school effort to learn how they believe the world has changed.
10 min read · 08 February 2013
PERE Magazine September 2009: Barden Gale, recently named CEO of JE Robert Companies, speaks with Zoe Hughes about the challenges and opportunities facing JER and its need to keep ‘constantly evolving’
6 min read · 08 February 2013