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  • Passing on the baton

    Last month, Benson Elliot announced Trish Barrigan had been appointed managing partner. From 1 January 2018, she will assume the leadership position as Marc Mogull transitions to executive chairman and chief investment officer. In truth, the announcement came as no surprise: it was merely confirmation of something already decided a long time ago – back in 2006 in fact when Benson Elliot was formed. But more on that later.

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  • Private equity letter - Internos fund holds many truths

    There seems to have been a steady procession recently of fund managers shunning closed-ended structures in favour of perpetual vehicles. Internos Global Investors provides the latest example, writes Robin Marriott, editor of PropertyEU CapitalWatch.

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  • Board and C-level diversity drives bottom-line results

    Many organisations over the last decade have gained an increased awareness and understanding of the critical role diversity plays for their boards of directors and C-level positions, especially in the real estate industry, writes Serena Althaus.

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  • COLUMN APG’s record secondaries deal points the way

    Traditionally, no part of the private equity real estate industry has been more opaque than  secondaries – the trading of fund interests. But thanks to some improved transparency, the European market got to hear of a significant deal last month. 

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  • MIPIM Why are international investors still targeting European real estate?

    With the UK prime minister pushing for a 'hard' Brexit and important elections due in France, the Netherlands, Germany and perhaps Italy, one might question why international investors are still allocating capital to European and UK commercial real estate. As Mipim 2017 opens, David Kirkby, CEO for Europe at Cromwell Property Group, casts his eye over key markets in search of possible answers.

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  • Trump Watch: Dutch institution stalls US investment

    A Dutch institutional investor recently decided against a commitment to a US real estate fund because the board disapproved of Trump’s social policies. Isolated incident or indicative of a trend? Shocking or totally intelligible? Robin Marriott comments.

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  • PRIVATE EQUITY LETTER Thomas Barrack’s contrarians are back, and bigger

    Colony Capital's healthy real estate investment pipeline coincides with the rise to prominence of its founder and executive chairman, Thomas Barrack, writes Robin Marriott in his Private Equity Letter, published in the January edition of PropertyEU Magazine.

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  • LETTER FROM LONDON Chinese rebut Trump by putting money into the UK

    As long as China remains a revolving dictatorship, enriched citizens will continue to shove money out the door, just in case the proletariat revolts. A cynical take on why Guangdong soy sauce conglomerate, Lee Kum Kee, last month paid £37 mln (€44 mln) for a 75,000 sq ft (7,000 m2) office block in London Docklands – even though they intend to occupy only one of the 10 floors. 

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  • COMMENT Wall of worry will get steeper in 2017

    In November, a staggering $1.7 tln (€1.6 tln) was wiped off the value of global government bonds, as measured by the Bloomberg Barclays Global Aggregate bond index, the sharpest losses since the index was established more than a quarter of a century ago, writes Nicholas Spiro.

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  • PRIVATE EQUITY LETTER De Beers HQ – a diamond in the rough?

    The Central London site of famous diamond trader De Beers is being seen as the first opportunistic/value-add asset to hit the market in the UK capital since Brexit, writes Robin Marriott in his Private Equity Letter published in PropertyEU Magazine.

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