Eva Poon

Private equity real estate firms around the globe last year set a new record on the fundraising trail, according to proprietary statistics from PERE magazine.

Private equity real estate firms around the globe last year set a new record on the fundraising trail, according to proprietary statistics from PERE magazine.

The Westfield Group and Brookfield Asset Management are among the buyers looking to bid on part or all of the Aussie shopping mall owner’s portfolio.

The Westfield Group and Brookfield Asset Management are among the buyers looking to bid on part or all of the Aussie shopping mall owner’s portfolio.

Participants at the 2007 PERE Forum in New York discussed the credit crunch and the outlook for US private equity real estate performance, but much of the talk centered on investor enthusiasm for emerging markets property.

Three weeks after The Carlyle Group announced its investment in Brazilian real estate developer Scopel, New Jersey-based Prudential Real Estate Investors has joined with Racional Engenharia to target investments in Brazil’s industrial property market.

The New York private equity firm has acquired a 50 percent interest in a portfolio of Solo Cup manufacturing facilities throughout the US.