Timothy Grady, the real estate veteran responsible for launching and growing Merrill Lynch’s private equity real estate platform in Asia, has joined Mark McGoldrick’s Mount Kellett Capital Management as a managing director.
2 min read · 24 January 2013
Closed-ended real estate funds are spending an average of 400 days in market but are corralling just 12 percent of their target equity commitments.
2 min read · 24 January 2013
Cordea Savills has completed the purchase of a retail and office building in the central business district of Paris for €48m for its European Commercial Fund, which has enjoyed recent commitments by German institutional investors
1 min read · 24 January 2013
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
Fundraising for the Marathon of Marathons is nearly halfway to its €2.5m target. Find out how you can become a member of the event’s prestigious Supporters Club, which has been busily signing up new members.
2 min read · 24 January 2013
Blackstone CEO Stephen Schwarzman stated his firm will be active in the country at an event honoring Indian Prime Minister Manmohan Singh as well as Schwarzman.
2 min read · 24 January 2013
David Snow, PERE's editor in chief, supposes he should respond to Philip Borel’s lame marathon challenge.
4 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
