Ex-AIG hotels head Keith Lindsay has joined Central Eastern European developer and asset manager Orco to run its hospitality division.
6 min read · 22 January 2013
The corporate debt and real estate specialist has acquired CIT Group’s troubled Home Lending business, Lone Star’s third mortgage-related deal since October.
1 min read · 22 January 2013
Private equity real estate firms globally raised $40bn during the first half of 2008, according to proprietary data from PERE magazine. This tally puts GPs on course to raise more than the record-breaking totals of last year. During the first six months of 2007, private equity real estate firms raised $30bn in capital.
2 min read · 22 January 2013
Canada has the most transparent commercial real estate market in the world but Dubai, Romania, Ukraine and Russia show the biggest improvement in transparency levels over the past two years, according to a report from Jones Lang LaSalle.
2 min read · 22 January 2013
The Saudi petrochemical conglomerate has continued its push into property, establishing a joint venture with Singapore investor Yusof Wahid to invest in East Asian property.
1 min read · 22 January 2013
The heir to the British throne has appointed Credit Suisse to raise capital from Middle East investors for his new property fund, Tellesma. The fund follows on from Prince Charles' 400-acre sustainable development project, Poundbury.
1 min read · 22 January 2013
The $82bn Washington State Investment Board, known for its bullish stance on alternatives, had a minus two percent first quarter return on its private equity portfolio, while real estate underperformed against its benchmark. Executive Director Joseph Dear says ‘we’re in this asset class to stay’.
2 min read · 22 January 2013
Alternative assets managed by the world’s top 99 investment managers on behalf of pension funds grew by 40 percent over the past year, according to consulting firm Watson Wyatt.
2 min read · 22 January 2013
Alternative assets managed by the world’s top 99 investment managers on behalf of pension funds grew by 40 percent over the past year, according to consulting firm Watson Wyatt. Real estate managers occupied the top nine positions, managing 62 percent of pension fund assets.
2 min read · 22 January 2013
The listed European developer that Denver-based ProLogis floated in 2006 is on its way to delivering on a promise to invest €900 million in ProLogis European Properties fund II (PEPF).
1 min read · 22 January 2013
