Deals

JPMorgan set to buy First Republic, assume commercial real estate assets and loan book

The Federal Deposit Investment Corp seized the bank and sold control of it to JPMorgan on May 1.

European transaction volume slides to 11-year low

As price discovery prevails, the €36.5bn total represents the lowest quarterly volume since Q2 2012, according to MSCI Real Assets.

UK set to lead global recovery in deal activity

Buyers say competition for deals is heating up amid sharper value declines and prices potentially bottoming out in some sectors.

Real estate debt funds step into the banking void

With liquidity set to tighten further as banks continue to retrench, alternatives lenders are seeing opportunities across the spectrum.

The landmark Paris hotel behind a big Henderson Park exit

The ‘irreplaceable’ Westin Paris is now wholly owned by Henderson Park’s former joint venture partner, Dubai Holding.

The great valuation challenge for the office sector

Troubles in the banking sector are expected to put further downward pressure on office pricing over the next two quarters, said appraisers.

Dexus’s Collimate acquisition to create ‘one-stop shop for investors’

Dexus’s and Collimate’s combined fund management platforms will include 39 vehicles across real estate and infrastructure.

UBS and Credit Suisse: a $160bn real estate management giant in the making?

A combination of the two Swiss banks’ businesses could cement UBS’s position as an industry behemoth both home and abroad.

The remaking of an iconic Florida hotel property

A Credit Suisse and Trinity Investments JV is betting on a rebound in business travel in taking over the Diplomat Beach Resort.

BGO’s Blakemore: Some people are going to make a lot of money in the office sector

The US manager will include UK offices in the lending strategy of its incoming £1.4bn debt fund.