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Evelyn Lee

Evelyn Lee
Evelyn Lee is Editor for PEI Media’s real estate-focused publication, PERE, overseeing global news coverage for both PERE Magazine and PERENews.com. Based in New York, she works closely with reporters and editors across PEI’s offices in New York, London and Hong Kong, and helps to co-ordinate shared content with PEI’s other private markets titles. Prior to joining PEI in 2011 she covered commercial real estate, economic development and environmental issues at NJBIZ, a New Jersey-focused business publication
In its second quarter results, the New York-based asset manager reported that revenue growth in its real estate segment had sextupled, largely from increased management fees, and also revealed a second closing for its latest real estate fund.
With yields for trophy properties having fallen to low levels, investors should be shifting their focus to non-core real estate assets and markets where capital is scarce, according to new investment recommendations by the Swiss firm.
Listed private equity firms were walloped in last week’s brutal hammering of public markets across the globe, with some analysts wary about the volatility of the sector.
The Washington, DC-based trade association for real estate investment managers has select Gunnar Branson to succeed Stephen Renna as its chief.
The San Francisco-based investment company, through a joint venture with Worthe Real Estate, has acquired a 20-acre development site in Southern California on behalf of its ninth real estate fund. Separately, Shorenstein has added a new member to its transactions team.
A private equity real estate fund managed by Rothschild Realty is investing up to $200 million in the San Diego-based company to acquire debt and equity in industrial and office properties on the West Coast.
The New York public pension fund and the Houston-based real estate firm have formed a new joint venture to invest in office and medical office properties in the US over the next three years.
Oregon’s public employee pension plan has made its first commitment to a unique account with Prologis that will invest in several of the firm’s real estate funds over the next three years.
The insurer’s Latin American real estate investment arm plans to raise $500 million for a fund targeting sustainable housing in Mexico. First, however, it is looking for a starter commitment from the IFC.
The global accounting and advisory firm has appointed two partners to senior leadership positions in its Americas real estate practice.

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