Airport operator BAA has used an appeal tribunal to criticise the UK Competition Commission decision last year ordering it to offload three of its airports, including Gatwick and Stansted.
2 min read · 21 January 2013
The Hospitality Development Fund hopes to raise $1bn to invest in development projects, hospitality and entertainment companies in Asia and the MENA region.
1 min read · 21 January 2013
Natalie Howard, who was responsible for the day-to-day management of Lehman Brothers’ property debt fund activities in Europe and Asia, has joined London-based Burfield Capital as a senior partner.
1 min read · 21 January 2013
The Hong Kong-based firm, majority owned by Chinese financial conglomerate China Resources, has completed $174 million of sales, including the first two exits from its debut vehicle, China Real Estate Opportunistic Fund.
1 min read · 21 January 2013
The Washington D.C. firm wants to develop real estate with the capacity for up to 7,000 beds in the Benelux region.
2 min read · 21 January 2013
The jointly managed vehicle with Japanese financial heavyweight Sumitomo Trust & Banking is the second in a four- fund Asia strategy for the French insurance giant aimed at partnering with managers in each of its target countries.
1 min read · 21 January 2013
The Swiss bank has reportedly agreed to sell its London office at 20 Columbus Courtyard to a Lebanese consortium led by M1 Real Estate.
1 min read · 21 January 2013
Former Morgan Stanly equity co-head Ian Laming is confirmed as chief operating officer of the recently established real estate investment manager, Tristan Capital Partners.
1 min read · 21 January 2013
In the year to the end of June 2009, opportunistic real estate funds returned -50.3% to investors, compared to -34.4% for closed-ended value-added funds, according to the latest NCREIF/Townsend performance figures.
1 min read · 21 January 2013
The Wall Street Bank saw the value of its stakes in its real estate assets under management fall by just $66 million in the third quarter of the year. It is the latest sign that prices across the sector are leveling out.
2 min read · 21 January 2013