February 2009 Issue

PERE Magazine, December 2008/January 2009 issue

As private equity real estate fund managers prepare their year-end valuation reports, how are GPs facing the challenge of marking to a rapidly declining property market? PERE magazine February 2009 issue

Fair value accounting demands private equity real estate mark to market. However, how does a GP mark to a market that is almost non-existent? PERE magazine February 2009 issue

There are distinct advantages, as well as limitations, to having operating professionals in the firm. PERE magazine February 2009 issue

Limited partners are taking a dim view on fees charged by affiliated management companies. PERE magazine February 2009 issue

The prospect of Turkey's 70m consumers spending in a collection of shiny new shopping malls across the country, coupled with strong demand among retailers, has proved attractive to CPPIB. PERE magazine February 2009 issue

GE Real Estate has sold 29 regional properties in Sweden into an investment company in which it retains a stake. It will continue to manage the assets, hoping to double the size of the portfolio within three to five years. PERE Magazine February 2009 issue

John Carrafiell is relinquishing his position in joint charge of Morgan Stanley's global real estate investment platform, but is staying on to advise the business on strategy and portfolio investments primarily in Europe. PERE magazine February 2009 issue

Recent comments by the head of Yale's endowment that funds of funds are "cancerous" are unfair and fly in the face of common sense for the majority of pension funds and other institutional capital. PERE Magazine February 2009 issue.

For Jack Foster, managing director and head of Franklin Templeton Real Estate Advisors, operating in the multi-manager space means having one foot in all the world's countries. PERE spoke with Foster on why the global real estate fund universe is only getting bigger. PERE magazine February 2009 issue

The biggest sovereign wealth fund manager has a new head of real estate and a willingness to let GPs know what it's doing with at least $22.5bn in allocations to the asset class. PERE Magazine February 2009 issue

An Asia-heavy fund of funds has delayed its first close. PERE Magazine February 2009 issue

Banyan Tree completes a third closing on its $400m Indochina hospitality fund on the back of continued support from its key investors. PERE Magazine February 2009 issue

In India, Millennium Spire decided it had to become a developer as well as an investment manager. It is now targeting its second fund. PERE Magazine February 2009 issue

Student housing specialists Blue Vista and Place Properties are renegotiating two deals they put on hold last year. Sometimes, they argue, waiting for prices to drop further isn't always the best way of securing a good deal. PERE magazine February 2009 issue

Mark Antoncic is teaming up with Chip Lauckhardt, chief executive of Tuckerman Group, to advise lenders and investors on troubled real estate assets. PERE Magazine, February 2009 issue

UBS Global Asset Management is pushing through a pair of agriculture funds, starting with South America. PERE Magazine February 2009 issue

BC Partners learns that not all Londoners love the capital's largest estate agents. PERE magazine February 2009 issue

Nine months after opening, the Hard Rock Park is liquidating. PERE Magazine February 2009 issue