Industries: Real Estate

Shift to Alternative Assets Gathers Pace

Shift to Alternative Assets Gathers Pace

Institutional investors are turning into alternative assets. The worldwide trend of opting for investments such as property, infrastructure, private equity and hedge funds has been gathering pace since last year. The shift to alternative assets has also driven up valuations of these illiquid assets – concern over returns is starting to mount up.   Alternative assets under management increasing   [...]

Famous University to Unload Over $2bn of Funds

Famous University to Unload Over $2bn of Funds

One of the world’s most famous universities, Harvard University, is close to selling its private equity holdings. The university is also planning to unload some of its venture capital and real estate funds at the same time. According to the reports, the assets the university is looking to unload are worth well over $2 billion.   Plans are emerging about [...]

Private Equity Investment Up by 64% in India

Private Equity Investment Up by 64% in India

Private equity investment in India is booming, according to the latest report by Grant Thornton. The report shows PE investment jumped by 64% in value terms in May. The region attracted $663 million worth of private equity investment during the month, driven by big-ticket investments.   Deal value improving, but deal numbers declining   While the deal value increased in [...]

Australia’s Fairfax Media Targeted by Private Equity

Australia’s Fairfax Media Targeted by Private ...

Private equity firm TPG Capital is looking to make a move on the Australian Fairfax Media Ltd. The news of a possible bid broke out on Wednesday and the shares in Fairfax Media saw an immediate boost. However, TPG might not have set its eyes on the whole organisation and a possible sale might result in the breakup of the [...]

Brexit – The great disorder under the Heavens?

Brexit – The great disorder under the Heavens?

It looks that the financial industry bet the wrong way on the biggest market event since the 2008 financial crisis. The Brexit referendum’s outcome has already been called ‘the greatest Black Swan event of the millennium’ (personally, I believe that this unexpected result rather falls into the category of what we practitioners refer to in our daily work as ‘king [...]

Private Equity Firm in the Biggest Deal of India’s Real Estate Sector

Private Equity Firm in the Biggest Deal of India’s...

  The US-based private equity firm Warburg Pincus has made a big investment in the Indian real estate sector. The firm’s unit announced a $284 million minority stake investment in Piramal Realty. It is another deal big deal in India’s real estate sector, showing private equity firms are optimistic about the long-term prospects of the sector.   The Investment   [...]

Private Equity Firm TPG Capital Near To Closing a $2 Billion Deal

Private Equity Firm TPG Capital Near To Closing a $2...

TPG Capital is close to securing a deal to buy the commercial property brokerage Cushman & Wakefield. The deal would see the creation of one of the world’s largest real estate service companies, as the private equity group would merge the company with DTZ Group. It’s reported the deal could be worth around $2 billion. Breaking the Rumours Bloomberg was [...]

Use of Fund Admin Services Growing

Use of Fund Admin Services Growing

The total amount of private equity and real estate funds managed by outside administrators jumped last year by 23.7% year-over-year for a total of USD 1.580 trillion, according to a new report from eVestment. The majority of private equity and real estate assets, about 60% to 70%, are still administered in-house.   The survey suggests that it figures will change [...]

Private Equity Buys Another UK Mortgage Business

Private Equity Buys Another UK Mortgage Business

There has been plenty of activity in the mortgage business sector recently and Wednesday evening saw reports of yet another deal. Private equity firms Blackstone and TPG acquired Acenden from the administrators. The deal is the second buyout by the two private equity firms in the UK lending market.   The Rocky Road to Recovery Acenden hasn’t had the easiest [...]

Private Equity Giant KKR Enters Indian Real Estate Market

Private Equity Giant KKR Enters Indian Real Estate ...

New York City based private equity giant Kohlberg, Kravis, Roberts & Co. (KKR) has made its first move into the Indian real estate market, according to a report in The Economic Times. While India overall as an investment destination has lost some of its appeal as an emerging market in recent years, the real estate marketplace in the country is [...]

Accor Announces Billion Dollar Hotels Buyout

Accor Announces Billion Dollar Hotels Buyout

This week’s buyout of the week is actually a “buy back” in the sense that Accor, a major player in the hospitality industry, announced it would acquire for USD 1.23 billion 97 hotels from real estate fund managers (that act and finance activity in much the same way that PE funds do), the same investors that acquired the hotels from [...]

Smaller and Newer Real Estate Fund Outperformance Soars

Smaller and Newer Real Estate Fund Outperformance ...

New research from Preqin demonstrates that despite a greater concentration of capital being raised among larger private real estate funds in recent years, smaller funds have often outperformed larger funds. Commercial real estate is one of the areas that can be listed in DealMarket’s online platform, and therefore DealMarket Digest’s editor is occasionally covering research into that segment.   Funds [...]

Struggling Spanish Real Estate Market Set for PE Boost

Struggling Spanish Real Estate Market Set for PE ...

Few markets across Europe were hit harder than real estate in Spain was during the economic crash at the end of the last decade. Five years removed from the worst of the crisis, construction projects still stand incomplete across the country, particularly in growing coastal cities such as Valencia and Bilbao.   Of all the global markets that were hit [...]

Terra Firma buys Annington Homes for USD3.2 billion

Terra Firma buys Annington Homes for USD3.2 billion

The deal of the week looks to be Terra Firma’s acquisition of a “blue chip” real estate holding company for USD 3.2 billion. Reuters said that holdings include 40,000 homes with the UK government’s Ministry of Defense as an important tenant. The PE firm already owns a similar venture in Germany, which it might take public next year, according to [...]

US Real Estate Attracts Wealth Managers

US Real Estate Attracts Wealth Managers

Preqin Research Real estate is an asset class that is becoming increasingly important in wealth management portfolios, reports Preqin. The hope is that returns will be greater than those offered by more traditional asset classes- Preqin currently tracks 361 wealth managers -- 213 of which were active investors in the real estate asset class.   As the graphic here shows, [...]