Home Friday Letter

Friday Letter

Niche property lending requires different pros-cons considerations

Lending to a singular alternative real estate sector means a firm must be ready to underwrite a property type’s unique risk and demonstrate specialist expertise.

Lehman was painful for some but made champions out of others

PERE talks to the winners and losers ten years on from property’s ‘day of reckoning’

What investors think about strategy drift

Managers expanding into new investment opportunities is nothing new, but capital providers are not always inclined to give firms an automatic pass when it happens.

Why the fall of Abraaj matters to real estate investors  

The troubles at the Middle East’s biggest private equity firm are relevant to investors in any private asset class, including ours.

Why SWFs are now finding real estate (un)appealing

Rising valuations and geopolitical risks are hurting the case for sovereign wealth funds to invest more money in real estate.

Slow, steady is GPIF’s mantra

Government Pension Investment Fund’s disclosure of its alternative investment portfolio is yet another sign that the Japanese pension giant will be taking a measured approach to portfolio diversification.

Real estate credit strategies face change of capital support

Some institutional investors appear to have had their fill of real estate debt funds, but others might just be getting started.

Five ways to make private real estate CFOs’ and COOs’ lives easier

Private real estate’s finance and operating officers face myriad challenges, but many have a common solution, heard PERE’s audience at this week’s CFO/COO Forum.

Alternative real estate firms offer the right entry into management today

Firms like Harrison Street, which was acquired by Colliers this week, pursue strategies with arguably stronger growth trajectories than those of most other M&A targets in private equity real estate right now.

What’s going on with Carlyle’s Asia real estate business?

A stalled $500 million commitment is just one reason why the firm’s longer-term real estate plans in the region appear unclear.

Copyright PEI Media

Not for publication, email or dissemination