Eva Poon

With retailers in the West taking a beating, GPs are eyeing recession-resistant investments. The outlook is less bleak in the emerging markets. And distressed retail is in fashion for those with cash in their wallets. PERE Magazine December 2008/January 2009

The private equity real estate firm will invest in value-added and development opportunities in the region through its second Asia-focused real estate vehicle, according to US pension documents. Carlyle raised $410m for its first Asia-focused fund three years ago.

The deal, which includes residential land in Arizona, California and Florida, follows on the firm’s $150m JV investment with Riverway Properties to target the Houston residential market.

Latin America is fertile ground for real estate GPs thanks to repricing in the wake of the credit crunch, according to JER president and COO, Michael Pralle speaking at the PERE conference in New York today.

The $64bn Daido Life Insurance Company is eyeing the US real estate and credit markets owing to "opportunities" it said were created by the recent market downturn.

There will be little relief for real estate investors in the short-term with commercial property prices set to drop by up to 20 percent next year. According to research by real estate investment firm Blumberg Capital Partners, the remainder of 2008 could see “significant price erosion” in commercial real estate in the US – by […]

The German government and financial institutions have agreed to a second financial rescue package for German real estate lender Hypo Real Estate. It follows on the breakdown over the weekend of the initial €35 billion bailout scheme.

The German government and financial institutions have agreed to a second financial rescue package for German real estate lender Hypo Real Estate. It follows on the breakdown over the weekend of the initial €35 billion bailout scheme.

The private equity real estate fund managed by M3 Capital Partners will focus on development projects in the US state’s residential and commercial sectors.

As Lehman faces bankruptcy, Eva Poon finds the bank is between a rock and a very, very hard place.