New York-based sale and leaseback specialist WP Carey has appointed Trevor Bond as global chief executive officer following a short spell holding the position in an interim capacity.
2 min read · 24 January 2013
The European private equity real estate firm Catalyst Capital has acquired Stratford Shopping Centre in east London for £91.5 million near to the site of the London 2012 Olympics site
1 min read · 24 January 2013
Hotel owner and operator says it is in talks with ‘major’ private equity groups and real estate funds to create a joint venture vehicle to build up a portfolio of hospitality assets
3 min read · 24 January 2013
With more than 800 banks on the FDIC watchlist, dealing with the troubled assets on thousands of community and regional banks will be priority for industry.
2 min read · 24 January 2013
Hines closes another Brazil real estate account with the California Public Employees pension fund. CalPERS has invested more than $380m to target Brazil with Hines over the past five years.
2 min read · 24 January 2013
The Asia Pacific operation of LaSalle Investment Management has sat on the investment market sidelines for nearly two years. But regional CEO Jack Chandler tells PERE that he believes this patience will be well rewarded from the investment performance of the new acquisitions the firm has made.
3 min read · 24 January 2013
Eric Lemer, formerly of Credit Suisse’s Real Estate Private Fund Group, has joined trans-Atlantic private equity real estate firm GI Partners in its London office to take on a newly-established role.
2 min read · 24 January 2013
As fundraising continues to prove difficult, veteran GPs at the AFIRE conference estimate that between 50% and 70% of managers in the business may not survive.
1 min read · 24 January 2013
The Canadian Pension Plan Investment Board has acquired an 8-stong shopping centre portfolio, which includes the Hillside Centre in Victoria, for $335.5m including the assumption of $105 million of debt.
1 min read · 24 January 2013
The Chicago-based firm is focused on ‘deleveraging European real estate’ in the UK through investing in real estate structured investments and debt. The firm has already attracted capital commitments to its £100m UK Special Situations Fund.
2 min read · 24 January 2013
