The European shopping centre developer, 75 percent owned by Morgan Stanley, has sold 15% of its assets to fellow Dutch property company, Corio.
2 min read · 24 January 2013
The backing of only the strongest property owners by tenants and brokers – due to concerns over the health of potential landlords – is leading to a split in US, particularly New York's, property markets between the healthy and weak.
2 min read · 24 January 2013
Federal investigators are looking into possible illegal payments made to influence investment decisions at US pensions, including to placement agents.
1 min read · 24 January 2013
The government of the emirate said it would provide $9.5bn of funding to help recapitalise Dubai World, its embattled real estate and ports conglomerate. The plan includes funds remaining from Abu Dhabi's prior bail-out package.
2 min read · 24 January 2013
Last week, PERE reserved one morning amid a frantic schedule at the MIPIM property show in Cannes to lay on breakfast for winners of the 2009 PERE Awards. Here is what our co-host at Freshfields Bruckhaus Deringer had to say.
2 min read · 24 January 2013
The window of opportunity for real estate investors will be short, as the gridlock facing property markets across the US starts to loosen this year.
2 min read · 24 January 2013
The two firms cited changes to the tax status of carried interest and the possibility of having to register with the SEC as investment advisors as threats to their businesses.
2 min read · 24 January 2013
New York-based Och-Ziff Real Estate has partnered with Hard Rock International to develop a $300m hotel and casino in Atlantic City. Och-Ziff has reportedly scaled down its original plans for the land.
2 min read · 24 January 2013
San Diego-based Pathfinder Partners has teamed up with developer Pittman Development Group to launch an opportunity fund targeting residential assets in Colorado.
1 min read · 24 January 2013
The Chinese government has prohibited real estate development by state-owned business for which real estate is not their core business. The move was welcomed by the private equity real estate sector.
2 min read · 24 January 2013
