Patrick Wu, a director in CIC’s real estate division, is slated to take the top job as incumbent Collin Lau enters a transitional period ahead of a switch to the $400 billion state fund’s private equity division.
3 min read · 18 January 2013
Lehman Brothers has no time to celebrate its move to emerge from bankruptcy, as it is gearing up to fight for control of the largest real estate asset on its books: Archstone.
3 min read · 18 January 2013
The Lehman Brothers spinout has won a mandate from the Dubai Investment Group to manage a portfolio of 30 hotel, office and retail properties in the US and Germany acquired between 2004 and 2008.
2 min read · 18 January 2013
Legendary private equity real estate professional and philanthropist Joseph Robert has died at the age of 59.
2 min read · 18 January 2013
Proof arrived this week that there is life after Lehman as Silverpeak picked up a $1.1 billion management contract from Dubai.
2 min read · 18 January 2013
After completing the first phase of the transaction in October, the Beverly Hills-based global real estate firm has completed the second and final phase of its acquisition of a loan portfolio from the Bank of Ireland.
1 min read · 18 January 2013
The US real estate development arm of Louis Dreyfus Global is now its own independent firm, operating under the name of Property Group Partners.
2 min read · 18 January 2013
The US firm, Lone Star Funds, was notified yesterday evening that it had been made preferred purchaser in the auction of £900m of UK loans being sold by Lloyds Banking Group.
2 min read · 18 January 2013
Amid the court approving the banking giant’s bankruptcy exit plan, Lehman is challenging the validity of Equity Residential’s agreement to buy 26.5 percent of Archstone.
2 min read · 18 January 2013
The former head of asset management at RREEF has taken on a similar role at Rockefeller’s investment management subsidiary.
2 min read · 18 January 2013
