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Clarion’s David Gilbert: ‘Now in Europe is a great time to create alpha’

Through its merger with European manager Stoneshield, Clarion Partners is marking its entry into opportunistic strategies outside of its home region.

Blackstone’s global real estate head to depart

Nadeem Meghji is stepping down less than a year after assuming sole leadership of the mega-manager’s $608bn real estate business.

UK High Court dismisses Finance Tower claim

A UK High Court judge did not accept allegations that a €920m valuation of the building was the result of lender influence on JLL.

Pretium acquires Cascade Financial in push to expand manufactured housing lending

Cascade Financial provides financing for individual borrowers seeking to buy manufactured homes. 

Blackstone acquires majority stake in $447m Korean logistics site

The seller is Singapore-based manager ESR.

SL Green sells SoHo office building for $226m

It is the latest exit from SL Green, which said it plans to sell $2.5bn worth of real estate.