The bank has bought a $100 million portfolio of assets in Paris despite a general approach of ‘caution’ towards Europe.
4 min read · 15 January 2013
A consortium involving APG and PGGM shelled out $277m for a chunk of LBC from infrastructure fund Challenger. The deal will close in the summer.
1 min read · 15 January 2013
The $153bn retirement system may set a $500m maximum on individually managed accounts, according to an investment policy proposal.
2 min read · 14 January 2013
Buyers of assets need to understand the pension liabilities they may be taking on. In the pages that follow, Colin Haines outlines the key considerations.
10 min read · 15 January 2013
Political risk is the risk du jour in 2012, permeating all areas of infrastructure investing. Bruno Alves takes a look at four of its manifestations.
6 min read · 15 January 2013
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 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