Robin Marriott

The number of banks willing to underwrite deals in the UK is growing. PERE magazine, November 2009.

The US firm reveals its first UK dedicated strategy saying it hopes to build a portfolio with ‘low levels of depreciation’ and ‘volatility’.

A European-listed fund managed by Denver-based ProLogis is altering its legal structure as a result of the credit crunch.

Charter Hall, the Australian property fund manager established in 1991, is meeting investors’ concerns by giving them greater control over its freshly-launched Charter Hall Special Situations Office fund.

PERE Magazine September 2009: Why a jumbo European securitisation called White Tower is being closely monitored by private equity real estate firms. By Robin Marriott

PERE September 2009: Two European professionals at US placement agent CP Eaton have left in recent weeks. The firm has been cost cutting, but the changes at CP Eaton mirror wider challenges in the capital raising industry. By Robin Marriott.

A US real estate fund managed by RREEF might receive an approach from San Francisco-based Stockbridge Capital Partners to take over the management of the vehicle. Meanwhile, two other RREEF-managed closed ended real estate funds are coming under pressure from stockholders.

The Swiss-based alternatives firm which advises some of the largest investors in the world says only very few markets such as the UK have reached the ‘late downturn’ stage. The finding comes as Blackstone is tipped to buy a 50 percent stake in a London office complex for £150m.

PIK Group, the Moscow-based public property company, has abandoned plans to raise a fund from third party investors in the wake of the credit crunch. The decision was taken earlier this year, according to a spokeswoman.

The Association of Real Estate Funds (AREF), which represents UK unlisted vehicles, and the Property Industry Alliance (PIA), made up of various UK property associations, have fired off letters to the Treasury in London and the UK’s Financial Services Authority amid concerns about a European Union draft directive that has huge implications for private equity real estate funds operating in Europe.