Zoe Hughes
A study released by INREV at the ExpoReal conference has revealed that almost two-thirds of fund managers are reviewing the terms of their vehicles, with many set to extend. It's a 'question of timing', INREV tells PERE.
The bailout of the German commercial property lender, Hypo Real Estate - which is partially owned by private equity firms JC Flowers and Grove International - could prompt investors to wait for further distress to enter the market, according to ING Real Estate's European chief investment officer Will Rowson at ExpoReal.
Real estate prices are set to decline by up to 25 percent in developed markets, according to Townsend co-founder Kevin Lynch. However he said there were plenty of opportunities amid the distress, telling PERE at the ExpoReal conference in Munich that investors were increasing their allocations to the asset class.
Real estate prices are set to decline by up to 25 percent in developed markets, according to Townsend co-founder Kevin Lynch. However he said there were plenty of opportunities amid the distress, telling PERE at the ExpoReal conference in Munich that investors were increasing their allocations to the asset class.
Real estate fund managers are beginning to negotiate the terms of their private equity vehicles, according to LPs at the Pension Real Estate Association (PREA) conference in Chicago today. As institutional investors struggle with the denominator effect and fund managers face a tougher fundraising environment, LPs say terms, such as fees and preferred returns, are […]
Private equity real estate GPs are ‘reluctantly’ beginning to change the terms of their funds as the capital fundraising market swings increasingly in favor of LPs, according to institutional investors at the PREA conference.
Private equity real estate GPs are ‘reluctantly’ beginning to change the terms of their funds as the capital fundraising market swings increasingly in favor of LPs, according to institutional investors at the PREA conference.
As private equity real estate fund managers and institutional investors meet in Chicago for the fall Pension Real Estate Association conference, many say waiting is the best strategy.
The Tokyo-based real estate investment firm is reportedly raising a $1bn fund to take advantage of failing residential property companies. Secured Capital CIO John Paul Toppino says current conditions are similar to the financial crisis of the late 1990s.
The escalating credit crisis has claimed another company after Ciena Capital, the real estate lender backed by fund manager Allied Capital, filed for bankruptcy protection saying the value of its assets had ‘significantly’ deteriorated.