The UK REIT is working with property services firm King Sturge and Charles Russell (CR) Property Advisers to launch the vehicle. The partners say a long-term shortage of properties thanks to the credit crisis and lack of liquidity for borrowers could fuel rental demand.
1 min read · 24 January 2013
The Cayman Island’s loss will be Luxembourg’s gain if the EU’s AIFM Directive passes as written.
2 min read · 24 January 2013
Sheikh Mohammed bin Rashid Al Maktoum, the ruler of the Dubai, has created a Dubai Government Media Office to handle PR for the emirate. The move follows strong criticism of the handling of the Dubai World debt crisis.
2 min read · 24 January 2013
The European investment manager will launch a vehicle investing in pan-European REIT securities
1 min read · 24 January 2013
The Government of Singapore Investment Corporation has reportedly booked a loss on equity and debt positions taken when Tishman Speyer and BlackRock bought New York City’s Stuyvesant Town and Peter Cooper Village in 2006.
2 min read · 24 January 2013
Glenmont Capital founding partner Larry Kestin expects lenders to get more realistic over prices in 2010. The firm recently acquired a Florida hotel from a bank after the borrower filed for bankruptcy.
2 min read · 24 January 2013
The latest study by INREV, the European body for unlisted funds, suggests fees are more likely to be charged on realised returns, rather than unrealised returns based on valuations
2 min read · 24 January 2013
After months of speculation, the two firms confirmed New York's Stuyvesant Town/Peter Cooper Village complex had missed a $16m debt service payment due today. Tishman hope to restructure the $5.4bn deal's debtload.
2 min read · 24 January 2013
MVision, the private equity placement agent business led by Mounir Guen, has appointed Mitchell Sikora and Scott Arden from JT Partners to boost its real estate services offering.
1 min read · 24 January 2013
The Carlyle Group has found a ready buyer for a completed development in Lyon in the form of a German core property fund managed by RREEF
1 min read · 24 January 2013
