News & Analysis

Ian Gleeson, who oversaw Morley's international multi-manager service, has joined CBRE Investors to help grow the firm's platform.

At €2.2bn, Eric Sasson, the Frenchman in charge of Carlyle's European real estate team, has just overseen the closure of the firm's largest European fund since creating the regional platform in 2001. So how does Carlyle set about investing it? Sasson speaks with PERE about the challenges and opportunities that lay ahead. By Robin Marriott

Owning the debt in your own transaction sounds interesting if you can buy it at a discount. But do the banks want to play ball? By Robin Marriott

Chicago-based Heitman's acquisition of 21 Uncle Bob's Self Storage facilities is the latest in a line of deals by private equity real estate firms as they look to capitalize on this apparently ‘recession-resistant’ sector.

John Kukral's debut fund has closed on $1.25bn. Unusually, the fund is an ‘evergreen’ vehicle, something Northwood says will allow it to take a much longer view.

As hedge funds increasingly look to property investment, one real estate investment banker discusses five common mistakes—and how to avoid them. By Paul Fried

Managers of real estate mezzanine funds are finding renewed opportunities as collateralized debt obligation financings take a hit. By Robin Marriott

The fallout from the subprime loan meltdown in the US is being felt in real estate markets across the globe. Could a resulting change in consumer behavior open up distressed opportunities for real estate investors? By Dave Keating

Superannuation funds have become the most prominent investors in Australia based on record inflows of retirement savings—and the ‘supers’ are acquiring a taste for greater risk and overseas assets. By Robin Marriott

Earlier this year, Felicity Gates was tapped to co-run Citi Infrastructure Investors, a new division of Citi Alternative Investments, alongside Juan Bejar. She previously helped RREEF, the infrastructure and property arm of Deutsche Bank, establish its North American operations. As the first infrastructure portfolio manager in Australia, Gates had a front-row seat as infrastructure investment took off there in the mid-1990s: Working for the New South Wales superannuation fund, Gates participated in a number of high-profile deals like the acquisition of Melbourne airport for A$1.3 billion ($1 billion; €773 million) and the acquisition of United Energy for A$1.5 billion. Prior to that, she worked in infrastructure investment and project finance at Macquarie Bank and Bankers Trust. Preparing for a trip to Australia, Gates took a few minutes to talk about the early days of infrastructure investment in Australia.