PERE 30 firms raised $212bn in five years

To be unveiled 4 May, PERE’s updated ranking of the 30 largest private equity real estate firms in the world finds that together the firms control an enormous amount of equity through value-added and opportunistic funds. Beacon Capital and LaSalle Investment Management are among nine firms to rise in the rankings.

The 2009 PERE 30 is set to be unveiled in the May issue of PERE magazine, showing that the 30 largest private equity real estate firms in the world have raised more than $212 billion over the past five years.

Tracking direct-investment capital raised for value-added and opportunistic real estate funds since 2004, the 2009 PERE 30 reveals that four firms have risen significantly in the ranks since the list’s debut last year – with another six firms entering the field for the first time.

The PERE 30 rankings are still being finalised, however a sneak preview of the list reveals that 11 firms have dropped one or more positions compared with last year’s list, with nine advancing in the rankings.

Among those that have risen in the rankings are: AREA Property Partners, Beacon Capital, CBRE Investors, Colony Capital, Goldman Sachs Real Estate Principal Investment Area, KK DaVinci, LaSalle Investment Management, Lubert-Adler Real Estate and Walton Street Capital.

For a full breakdown of the PERE 30, read the May issue of PERE magazine or check out www.privateequityrealestate.com on May 4.

The PERE 30 measures a private equity real estate firm's size by how much direct-investment value-added and opportunistic capital it has raised or created over a five-year period. In 2008, the top 30 firms raised a total of $190 billion.

Just as in 2008 though, only three of the top 30 firms are based outside the US, with the majority headquartered in New York.

Last year's PERE 30 rankings can be seen here.