US banks are currently sitting on billions of dollars worth of souring real estate loans. What for? According to Sam Zell, to stay alive banks and other real estate owners needs to come clean about their problems.
3 min read · 30 January 2013
Cleveland-based advisory and investment management firm, The Townsend Group, becomes the latest beneficiary of the National Pension Service of Korea’s strategy of increasing its international real estate exposure.
1 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
Fearing ‘unintended consequences’ resulting from the pending directive, the world’s largest venture capital associations met up this week to discuss the industry’s concerns.
3 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
