Evelyn Lee
Evelyn Lee is Editor for PEI Group’s real estate-focused publication, PERE, overseeing global news coverage for both its digital and print platforms. Based in London, she manages a team of journalists across PEI’s offices in New York, London and Hong Kong.
She joined the company in its New York office in July 2011 as a reporter covering the industry in the Americas. She became senior reporter in January 2014 and was promoted to news editor in July 2015. Evelyn relocated to PEI's headquarters office in London in 2018 and was promoted to editor in 2019. Prior to joining PEI in 2011 she covered commercial real estate, economic development and environmental issues at NJBIZ, a New Jersey-focused business publication.
The London-based retail real estate manager’s sale of a six-property portfolio will allow investors in its Pradera European Retail Fund 2 to fully exit the vehicle.
This is the first secondaries fund the firm's real estate unit has raised since it acquired the Clairvue Capital Partners team in 2014.
Scott Landress also must pay a $1.25m penalty to settle charges that he improperly withdrew fees from two real estate secondaries funds.
The investment manager is in exclusive talks with the global asset management firm, which has been active in real estate secondaries.
The private markets investment manager plans to relocate a number of top executives from its existing US offices to a new regional headquarters.
The New York-based asset management firm, one of the most active players in real estate secondaries, has acquired a majority stake in the Cleveland-based real asset adviser primarily from Chicago-based private equity group GTCR for $380 million.
The New York-based private equity real estate firm has acquired the bulk of the assets in a 2007-vintage vehicle.
The Zug, Switzerland-based private markets investment manager has acquired seven real estate assets with a total gross value of $163m.
The $300 billion pension plan’s offering would be the largest ever on the real estate secondaries market.
Discounts do not have as meaningful an impact on returns in the real estate secondary market as one would think, experts said at the PERE LA event last week.