After hitting an all-time low of just $2.7bn of new CMBS issuance in 2009, the securitisation market is expected to originate up to $15bn per quarter in new deals, with large portfolio refinancings pushing the figure up to $65bn.
2 min read · 15 January 2013
The firm expects to hit the fundraising trail this year targeting a similar amount to its $10.9bn opportunity fund, BREP VI, which is 70% invested. President Tony James said Blackstone invested $5bn of equity in real estate in 2010.
2 min read · 15 January 2013
Democratic Representative Rosa DeLauro of Connecticut again sponsored legislation to create a powerful, centralised infrastructure financing institution. The legislation is similar to her 2009 infrastructure bank bill, but with a few key changes. President Barack Obama has repeatedly supported the creation of an infrastructure bank.
3 min read · 15 January 2013
Optimal conditions have arrived for greenfield PPPs in the US, but who will benefit? Andrew Fraiser of Allen & Overy examines the evidence.
6 min read · 15 January 2013
Infrastructure investment analyst Robert Bain suggests it might be time to re-assess the credit quality of UK public-private partnerships – a mature, resilient sector characterised by low volatility, essentiality, strong government support under successive political regimes and few defaults.
10 min read · 15 January 2013
Infrastructure investors eyeing US renewables may have to work a little harder to source attractive deals thanks to five trends rapidly reshaping the sector. Cezary Podkul explains.
6 min read · 15 January 2013
Turkey’s $5bn-plus highway and bridge privatisation package may represent a unique opportunity for investors wanting to offset their exposure to Europe’s slower-growing territories, writes Bruno Alves.
6 min read · 15 January 2013
Congresswoman Eddie Bernice Johnson introduced a bill to extend the popular TIFIA infrastructure loan programme through 2016. The bill would also increase annual funding for TIFIA from $122m to $285m, enabling the Department of Transportation to dramatically increase the amount of loans it is able to make through the programme.
3 min read · 15 January 2013
Spain’s macroeconomic problems have put off many real estate investors, but some hardy firms have managed to find attractive situations to invest in. PERE Magazine February 2011 issue.
10 min read · 15 January 2013
The multifamily sector is leading the recovery for US real estate with rising rents and occupancy levels. However, as increasing amounts of equity start to target the sector, is multifamily in danger of becoming yet another bubble? PERE magazine February 2011 issuE
10 min read · 15 January 2013
