Patricia Gerrick has resigned for undisclosed reasons after driving the state pension exposure to real estate and private equity to 5% respectively. The pension lost 14% of its value in the past year.
2 min read · 21 January 2013
After a joint bid by Delancey and Citigroup threatened to derail Max Property Group’s efforts to buy a £232m industrial portfolio, the London-listed firm has received assurances that the deal will still go through.
1 min read · 21 January 2013
Emerging markets giant Actis is adjusting to life after the closing of its $2.9bn third fund by building up its IR and communications teams.
2 min read · 21 January 2013
The buyout firm's first US deal is for Everpower Wind Holdings, which it has purchased from renewable-focused Good Energies.
1 min read · 21 January 2013
These 15 firms have the skills and strategies to dominate the real estate wasteland, say market insiders. PERE Magazine September 2009.
10 min read · 21 January 2013
Churn continues at ING Real Estate Investment Managers as longstanding UK professional departs the Dutch firm.
1 min read · 21 January 2013
Jeff Jacobson, the global chief executive officer at LaSalle Investment Management is moving from Europe to Asia to help the firm take advantage of ‘unprecedented’ opportunities. He will start work from the Singapore office effective from 1 January 2010.
2 min read · 21 January 2013
The Singapore sovereign wealth fund says it will work more closely with the companies in which it has investments after changing its charter for the first time in seven years.
1 min read · 21 January 2013
Martin Barber, one of the UK’s best known property entrepreneurs and one of the few British executives with experience in the US REIT market, says he has backing from US investors for a company called Zenith Estates.
1 min read · 21 January 2013
The Chicago-based firm has agreed the sale of the Swiss Merchant Court Singapore hotel to Kuala Lumpur-based TA Enterprise, according to reports in Malaysia’s press.
1 min read · 21 January 2013
