The leaders of real estate managers Bentall Kennedy and GreenOak Real Estate believe their lack of overlap on both strategy and investor fronts makes their $47bn merged business the perfect fit.
Industry legends retained their crowns in PERE’s annual ranking of the 50 largest global fund managers. But a few notable names shook up the list, with one manager leaping 48 places in a single year and another firm resurrecting after years away. 2017 saw the same three firms remain at the top of the list: […]
It’s that time of the year again, when the spotlight falls upon the titans of the global private real estate market as we introduce the 12th PERE Global Awards.
GreenOak founder Sonny Kalsi and COO Andrew Yoon gave the PERE CFO/COO audience key advice on the M&A process.
Almost a decade after the country required a bailout from the IMF and EU, institutional interest in Greek real estate is on the up.
The New York-based alternative asset manager beat out eight other private equity firms to buy LaSalle Hotel Properties – a deal that is up for shareholder vote next month.
As the New York-based firm looks to deploy its most recent European funds in the region, office REITs will be an attractive target given the pricing split between public and private markets.
The $356bn manager’s purchase of New York-based Almanac Realty Partners also marks its largest acquisition to date.
The public pension fund’s real estate activities will now be overseen by three managers.
It’s all in the timing, or is it? We speak with Howard Marks and Bruce Flatt about the deal that has everyone talking.