Richard Wilson has a lot on his plate as he prepares to negotiate for regulation the European private equity industry can live with.
2 min read · 21 January 2013
Warnings back in 2006 that Dubai was a property disaster story in the making, just like Texas in the 1970s, have proved prescient. But unlike the Lone Star state back then, few expect any quick opportunistic deals to come out of the stricken emirate today.
3 min read · 31 January 2013
Standard Life, which manages more than £8 billion of real estate in Europe, says it will structure the vehicle as a 5-year closed ended fund.
1 min read · 21 January 2013
Bernhard Scholz has been appointed to the management board of the Munich-based lender specifically responsible for real estate finance.
1 min read · 21 January 2013
Lone Star has a plan to keep total control of bankrupt US grocer Bi-Lo outside of bankruptcy, while a lending group that includes KKR wants to split control of the company. Bi-Lo operates 215 stores in the southeastern US.
2 min read · 21 January 2013
The latest draft of the EU’s Directive on Alternative Investment Fund Managers Directive would apply to private equity real estate, private equity and venture managers both large and small.
3 min read · 21 January 2013
The bankrupt lender will sell its North American mortgage business to Warren Buffett’s Berkshire Hathaway and the holding company Leucadia National Corporation for $515m.
2 min read · 21 January 2013
The California Public Employees' Retirement System is reportedly weighing its future relationship with asset manager BlackRock following its investment in the New York Stuyvesant Town deal.
2 min read · 21 January 2013
Devin Murphy has re-emerged at Morgan Stanley’s real estate investment banking division after 20 months with Coventry Real Estate Advisors. The bank says it is “bullish” about real estate investment banking opportunities.
1 min read · 21 January 2013
In its Outlook 2010 briefing, UK-listed asset manager Aberdeen Asset Management, says given the rise of equities this year and general continued economic uncertainly, a ‘degree of diversification’ into real estate markets seems to be an attractive proposition.
2 min read · 21 January 2013
