Jonathan Brasse
Jonathan Brasse is the Senior Editor, Real Estate for PEI Media’s real estate publications. He oversees the editorial output and leads the reporting team behind the sector-leading private real estate publication PERE as well as Real Estate Capital, the group’s real estate credit markets publication. Jonathan joined PEI in 2009 from UK commercial property magazine Property Week where he oversaw international news and analysis coverage.
The tenth largest pension fund in the US has reported a 5.6% fall in returns for real estate in 2008, but the sector still outperformed other asset classes.
The appointment reflects Doughty’s ambition to continue its Nordic investment drive for its second European fund.
Investors from Europe, US, Middle East and Japan buy in to the company’s distressed targets vision.
The real estate arm of Kotak Investment Advisors has timed its latest fund to co-incide with more realistic return expectations by investors and asking prices by sellers, according to its chief executive.
The Singapore-listed leisure resort manager and developer aims to complete fundraising for the Vietnam, Cambodia and Laos development-focussed fund this quarter. It is targeting between $300m and $400m.
European private equity firm Doughty Hanson has completed its eleventh purchase for its €590 million ($801 million) Doughty Hanson & Co European Real Estate II fund.
ARA Asset Management, the real estate fund management company part-owned by Hong Kong entrepreneur Li Ka-shing’s Cheung Kong Holdings, is to launch three country-specific funds.
The private equity division of Paul Allen-backed investment group Vulcan Capital has hired former Forstmann Little executive Geoff McKay.
Sam Zell’s US real estate group has voted to accept the private equity giant’s bid of $54 per share, despite Vornado Realty Trust’s offer of $56 per share.
Sam Zell’s US real estate group has voted to accept the private equity giant’s bid of $54 per share, despite Vornado Realty Trust’s offer of $56 per share.