Olli Rehn’s recent comments on using the EIB’s project bond initiative to boost growth have snowballed into talk of an EU Marshall Plan to end Europe’s woes.
3 min read · 15 January 2013
The start of bankruptcy proceedings for Spain’s AP41 Madrid-Toledo toll road could set a precedent that may end up being emulated by several other troubled concessionaires.
2 min read · 15 January 2013
A financing method dating back to Thatcher-era economic reform, the availability payment model is finally coming of age in the US. But it’s not a solution for a fundamental lack of money.
3 min read · 15 January 2013
With some US Midwest states apparently keen on privatisation, Kansas has remained an anomaly: doggedly self-sufficient, eschewing PPPs, and relying instead on a disciplined state budget and handful of federal money.
3 min read · 15 January 2013
With approximately £100 billion of UK real estate that cannot be refinanced under current conditions, there are plenty of opportunities for the country’s private equity real estate players. However, as the roundtable participants reveal, the UK market isn’t as simple as that. PERE Magazine, June 2012 issue.
10 min read · 15 January 2013
Joe Azelby, a one-time professional American football player, has built JPMorgan’s core US real estate platform into a global real assets business with $60 billion under management. In an interview with PERE, he explains why he is a fan of diversity, why investors need to change their attitude towards allocation and why he ultimately is glad that his football career was short. By Robin Marriott. PERE Magazine June 2012 issue.
10 min read · 15 January 2013
In the wake of a funding gap created by the retreat of traditional lenders, institutional investors are flocking to real estate debt strategies. Evelyn Lee charts the evolution of this discreet opportunity and assesses the debate over separate accounts versus funds. PERE Magazine, June 2012 issue
10 min read · 15 January 2013
The New York-based investment firm has acquired 52 industrial properties in Florida, Georgia, Tennessee, Texas and Virginia on behalf of its $1 billion value-added DRA Growth and Income Fund VII.
1 min read · 15 January 2013
President Obama’s first attack on private equity has largely fallen flat. But that’s no reason for the industry to ease off on its lobbying efforts.
2 min read · 14 January 2013
At least a quarter of companies in Europe whose collective €133bn debt is due to mature within the next two to three years will default, warns Moody’s Investor Services, despite efforts to refinance the sizeable loan book.
3 min read · 14 January 2013
