Four developers in Dubai are planning to merge operations into what could be the biggest developer in the Middle East and North Africa. Emaar is planning to join forces with Dubai Properties, Sama Dubai and Tatweer.
1 min read · 21 January 2013
The New York firm has sealed its status as the largest raiser of private equity for real estate by closing Blackstone Real Estate Partners Europe III.
1 min read · 21 January 2013
The UK listed fund manager says the outlook for commercial property in the UK remains ‘extremely challenging’ as it reports a 13 percent fall in the value of its assets under management for the six months to 31 May 2009.
2 min read · 21 January 2013
Start-up company NewRiver Retail has postponed plans to raise equity on London’s Alternative Investment Market, the junior London Stock Exchange.
1 min read · 21 January 2013
The private equity and real estate firm is establishing an office in London to target investments on the AIM market.
1 min read · 21 January 2013
The bank, which inherited the placement agent business following its merger with Merrill Lynch, will use a smaller team to manage its current clients, but will not take on any new clients.
2 min read · 21 January 2013
Hundreds of billions of dollars are sat on the sidelines waiting to invest in distressed corporate debt and real estate, according to funds lawyer Sandy Presant – but few investors will ‘jump’ now when opportunities could be better in six to 12 months time, a conference heard today.
2 min read · 21 January 2013
The ultra and high-net-worth community shrank by 25% and 15% respectively in 2008, according to the latest Merrill Lynch/Capgemini world wealth report. However, the allocation to real estate rose by 4% – despite a general move towards liquid assets.
2 min read · 21 January 2013
The Toronto-based fund manager is expected to launch its third residential vehicle this summer, targeting multifamily investments in key Canadian cities.
1 min read · 21 January 2013
The European Bank for Reconstruction and Development (EBRD) has proposed a €75 million commitment to Chicago-based Heitman’s European Property Partners IV fund. The vehicle is targeting €600m of equity by its final close in September.
1 min read · 21 January 2013
