The German government and financial institutions have agreed to a second financial rescue package for German real estate lender Hypo Real Estate. It follows on the breakdown over the weekend of the initial €35 billion bailout scheme.
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.
The German government and financial institutions have agreed to a second financial rescue package for German real estate lender Hypo Real Estate. It follows on the breakdown over the weekend of the initial €35 billion bailout scheme.
Every PIPE is different, but today's disasters bear an important resemblance to the tech PIPEs of yesteryear, writes David Snow.
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.
Difficult financing conditions continued to soften global buyout activity for private equity firms, with deal volumes plunging 72 percent in the first nine months of 2008. The oil and gas and mining sectors as well as Japan, India and the Middle East remained bright spots.
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.
American International Group will retain core business lines while entertaining the divestiture of all remaining units. The embattled insurance company plans to sell as many assets as necessary to repay its $85bn loan from the US government.
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