Marc Spilker has been named Apollo Global’s first-ever president, in the firm's latest 'institutionalisation' move ahead of a public listing.
2 min read · 24 January 2013
The former Morgan Stanley and John Buck Company executive aims to tap into India’s growing residential and hotel sectors via investments alongside joint venture partners, but may also invest more widely via shares in Indian property companies.
2 min read · 24 January 2013
Mountgrange Investment Management, which raised its debut opportunity fund in 2009, is backing a venture to develop 15 London budget hotels under a franchise agreement with Tune Hotels run by Asia entrepreneur Tony Fernandes.
3 min read · 24 January 2013
The London-based multi-manager group has appointed Bart Coenraads as head of its operations in the Asia Pacific region, as it eyes increased secondaries, and some recapitalisation, opportunities.
2 min read · 24 January 2013
The Australian Tax Office has finally ruled on an issue which arose following a dispute with TPG over taxes payable on the returns from the IPO of Myer Group in October 2009.
2 min read · 24 January 2013
Dirk Große Wördemann has joined Wiesbaden-based bank Aareal Bank as a member of its management board. He was most recently at Pacific Star Europe which was wound up in October.
2 min read · 24 January 2013
The German real estate company, which has €22 billion of assets under management, has acquired Vienna-based Hypo Real Invest.
1 min read · 24 January 2013
The Chicago-based firm has sold 1501 M Street NW in the US capital less than 18 months after acquiring it at discount from CBRE Investors. The property was bought through JBC's $289m Fund III.
1 min read · 24 January 2013
After opening an office in London and hiring Sean Kelly Rand to help leads its European activities, the New York-based firm has tapped Bradley Carroll as managing director.
1 min read · 24 January 2013
Hong Kong’s PCCW Tower in Island East has had three different major stakeholders in the space of two months via two transactions. PERE explores what happened and why its newest stakeholder, Grosvenor, is keen to hold the asset for the long term.
3 min read · 24 January 2013
