October 2015 Issue

    Month: October
    Year: 2015

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    ASIA GUEST COMMENTARY: Who is checking the data?

    Investors seriously considering private real estate strategies in China must drill through the scary headlines, writes Robert Ciemniak, chief analyst of Real Estate Foresight.  

    EUROZONE: The composition conundrum

    Sellers in Europe have been expecting a wholesale premium. But, there is no guarantee large portfolios will be sold with ease.

    GERMANY ROUNDTABLE: The cost of mass appeal

    German prime yields are still heading south after compressing significantly already in recent years. Stuart Watson hears how the country’s perception as a safe-haven for international investors means the trend could well continue.

    HOT MARKETS: Sold on Saigon

    Five years after first researching Vietnam, Hong Kong’s Gaw Capital Partners finally made its play. Kenny Gaw, managing principal of Gaw Capital, explains why.

    GLOBAL GUEST COMMENTARY: Scratching the surface

    Henri Vuong, director of research and market information at the Association for Investors in Non-Listed Real Estate Vehicles, has begun analyzing the correlation between cap-ex and performance. She says there’s plenty more work to be done

    AMERICAS NEWS: Rethinking registration

    Facing challenges with SEC compliance, some managers are considering deregistration, but such a move comes at a cost.

    EUROPE NEWS: Remember the Titan

    A landmark case for CMBS issuers is due to be heard in the UK’s appeals court this month. PERE spoke to Georgina Squire, partner at law firm Rosling King, to discuss the potential impact of the case.

    BLUEPRINT: Resolution’s red dawn

    This summer, Chinese powerhouse Fosun Group acquired a majority stake in Resolution Property. In his first interview since the deal completed, founder Robert Laurence tells PERE’s Thomas Duffell what it means for the European market stalwart.  

    HOT MARKETS Q&A: Primed for graduation

    Christopher Merrill, co-founder and chief executive of Harrison Street Real Estate Capital, talks about how US student housing, a fledgling property type a decade ago, has now come into its own

    AMERICAS GUEST COMMENTARY: Point of convergence

    Efforts to bridge US and international real estate valuation standards will help to facilitate more cross-border transactions in the US, says Neil Shah, Americas managing director at the Royal Institution of Chartered Surveyors (RICS)

    ASIA NEWS: Opportunity knocks

    Invesco Real Estate’s opportunistic strategy in Asia is now beginning to take shape  

    HOT STORY: New kids on the block

    Despite managing $50 billion for over 350 international investors across four different investment arms, Paris-based investment manager Ardian is a relatively unknown name in real estate circles. That is set to change.

    SPECIAL REPORT: Lower for longer

    The protracted oil price slump has been painful for some private equity real estate firms, but others are looking to gain during the correction.

    LEADER: Just go with it

    Did you hear the one about the €90 billion European pension fund manager deciding this summer that it would now like to start meaningfully increasing its exposure to core private real estate in the region?


    The disordered aftermath of the Iraq war and the rise of ISIS have turned the US and Iran into unlikely bedfellows. Where political expediency leads, economic potential can follow, says Neil Blake, head of EMEA & UK research at CBRE.

    EUROPE NEWS: Heading to Europe’s core

    TIAA-CREF is not the only US manager to see the advantages of core outside its domestic market.

    EUROPE GUEST COMMENTARY: Germany’s global opportunity

    International capital is more than ever homing in on Germany’s core and core-plus markets, and the increased competition may be transformative for the market, says Sebastiano Ferrante, head of Germany, Pramerica Real Estate Investors.

    IF THESE WALLS COULD TALK: From fine silks to white collars

    London’s Devonshire Square has transformed over various ownerships from an 18th century warehouse to a gleaming modern office complex. Another owner is incoming.

    AMERICAS NEWS: Breaking from the past

    Blackstone’s latest hotel take-private transaction is a departure from its previous takeovers in the sector.

    ASIA VIEW: BlackRock’s Singapore sling

    The US asset management giant’s sale process of Asia Square Tower 1 has caught everyone’s attention, but not without raising some eyebrows.  

    ASIA NEWS: Aye for India

    Investment volumes in India’s property sector are at a seven-year high, but the capital sources still skew domestic.  

    ASIA NEWS: Efficiency measures

    The ongoing corporate reforms in Japan stand to positively impact the real estate industry by generating more potential sales.  

    STATESIDE: All about current events

    Forget the future impact of rising interest rates on private equity real estate. Let’s focus on the present.

    HOT MARKETS: All aboard the European bandwagon

    With little value left in domestic markets, US capital has steadily added one western European market after the other into its strategy.