Real estate prices are set to decline by up to 25 percent in developed markets, according to Townsend co-founder Kevin Lynch. However he said there were plenty of opportunities amid the distress, telling PERE at the ExpoReal conference in Munich that investors were increasing their allocations to the asset class.
2 min read · 12 January 2013
The German government and financial institutions have agreed to a second financial rescue package for German real estate lender Hypo Real Estate. It follows on the breakdown over the weekend of the initial €35 billion bailout scheme.
2 min read · 12 January 2013
Every PIPE is different, but today's disasters bear an important resemblance to the tech PIPEs of yesteryear, writes David Snow.
2 min read · 12 January 2013
Difficult financing conditions continued to soften global buyout activity for private equity firms, with deal volumes plunging 72 percent in the first nine months of 2008. The oil and gas and mining sectors as well as Japan, India and the Middle East remained bright spots.
2 min read · 12 January 2013
As private equity real estate fund managers and institutional investors meet in Chicago for the fall Pension Real Estate Association conference, many say waiting is the best strategy.
2 min read · 12 January 2013
American International Group will retain core business lines while entertaining the divestiture of all remaining units. The embattled insurance company plans to sell as many assets as necessary to repay its $85bn loan from the US government.
2 min read · 12 January 2013
Difficult financing conditions continued to soften global buyout activity for private equity firms, with deal volumes plunging 72 percent in the first nine months of 2008. The oil and gas and mining sectors as well as Japan, India and the Middle East remained bright spots.
2 min read · 12 January 2013
The publicly listed firm amended the terms of its unsecured revolving credit agreement, a change analysts say is necessary to preserve access to capital in a challenging environment.
2 min read · 12 January 2013
Shanghai opens gates to foreign investors * Lone Star may sue Korean government * Bohai to clinch Xugong deal
3 min read · 12 January 2013
Report: JPMorgan execs line up Indonesian fund * Nexus in India venture push * Chinese billions in TPG fund * Anchorage Capital sees first close for debut fund * Temasek doubles annual profit * Direct Capital to launch NZ$350m fund * Sequoia Capital India raises $725m * Advent bets on Japan * Blackstone gets $100m from Cathay
6 min read · 12 January 2013
