The energy investment unit of Starwood Capital Group has raised its first fund targeting investments in the energy and power sectors in North America.
A second report this month has suggested there is continued appetite for Asia real estate but that tougher financing conditions prevail amid the credit crunch.
EVCA says the drop in distributions to investors has hit fundraising, but delegates at its annual symposium in Madrid today insisted the industry is not in crisis despite the global credit turmoil.
EVCA says the drop in distributions to investors has hit fundraising, but delegates at its annual symposium in Madrid today insisted the industry is not in crisis despite the global credit turmoil.
Orco Property Group, the listed company that concentrates on real estate investments in Central Europe and parts of Eastern Europe, is downgrading its growth forecast for the Endurance Fund after feeling the effects of the credit crunch.
London private equity real estate firm Europa Capital has closed two vehicles giving it €2.5 billion of acquisition firepower to capitalize on 'difficult and volatile credit conditions.'
The quoted infrastructure manager has raised £340m in equity and debt to fund its future infrastructure acquisitions, as it delivers ahead of initial return targets and looks to capitalize on market distress.
The UK high street is suffering from the fallout of the credit crunch with rents suffering their largest decline in real terms since the early 1990s, according to the latest report by real estate consultancy Colliers CRE.
Ruth Barone, senior vice president of US real estate investment bank, the Carlton Group, has formed Glenmere Capital Partners targeting New York properties.
The private equity firm’s chairman, John Snow, has said Cerberus will raise a fund dedicated to undervalued assets under distress due to current market dislocation. He also said Cerberus funds 'are open' to Chinese sovereign fund investment.