Mansco Perry, the chief investment officer of the Maryland State Retirement Agency, says the pension system views real estate as a long-term asset class, still wants real estate fund managers … but wants fees to come down. PERE magazine December 2009-January 2010 issue.
3 min read · 08 February 2013
Investors still want real estate in the portfolio for the same reasons as they wanted it before the credit crunch. PERE magazine December 2009-January 2010 issue
7 min read · 08 February 2013
As the economic climate improves, Nippon Life’s Hideya Sadanaga reflects on the lessons LPs can learn from the financial crisis and shares his views on the Asian private equity industry.
6 min read · 08 February 2013
The state-owned ports and real estate conglomerate at the centre of Dubai’s current economic crisis has announced it is focusing the restructuring of its debt obligations towards itself and its real estate subsidiaries Nakheel and Limitless. It also confirmed that asset sales could form part of the process.
2 min read · 08 February 2013
The firm founded by Sam Kaneko brought a very un-Japanese style of investment to Asia’s largest market. This allowed daVinci to grow into Japan’s largest private equity real estate firm but, according to market insiders, was partly to blame for the dire problems the firm faces today. PERE magazine, Dec 2009-Jan 2010 issue
10 min read · 08 February 2013
There has been little clarity to the US real estate markets in the past year, however things have started to change. At the recent Urban Land Institute conference in San Francisco, PERE assembled a cross-section of industry professionals to gauge their thoughts on the state of the market and the future for private equity real estate. PERE magazine December 2009-January 2010 issue.
10 min read · 08 February 2013
Marathon Asset Management recently held a first close reportedly on $400m for PPIP, leaving Oaktree as the last firm to reach the benchmark.
2 min read · 08 February 2013
In a statement released today, Abdulrahman al-Saleh, director general of Dubai’s department of finance, distanced the financial position of the state from the debts of Dubai World, a ports and real estate investment conglomerate it owns.
2 min read · 08 February 2013
Warnings in 2006 that Dubai would be a property disaster just like Texas in the 1970s have proved prescient. But few expect quick opportunistic deals to come out of the stricken emirate today. By Robin Marriott
3 min read · 08 February 2013
The $400m sale of commercial mortgage bonds by US mall owner Developers Diversified Realty was secured by 28 assets. The REIT says it will continue to access ‘long-term capital to retire short-term debt’.
2 min read · 08 February 2013
