Lower capitalisation levels and shorter hold periods are among the changes to proposed FDIC bank ownership rules offered by a group of private equity firms.
4 min read · 21 January 2013
San Francisco-based Probitas Partners has capitalised on the move by hiring two of Deloitte’s former team to bolster its European business.
2 min read · 21 January 2013
The Bahrain bank, led by Sheikh Mohammed Issa Mohammed Al Khalifa, has committed £39m to three developments with London-listed student accommodation group, Unite.
1 min read · 21 January 2013
Max Property Group says it debut purchase of a £232 million package of properties out of receivership has been put into doubt because receiver Ernst & Young says it has not been able to meet the conditions of the deal.
1 min read · 21 January 2013
The California pension giant will formalise the central role of fair value accounting in its real estate portfolio and will require external fund managers to comply with these standards.
2 min read · 21 January 2013
Barry Sternlicht shows full confidence ahead of first-day trading of REIT Starwood Property Trust as the firm raises its target fundraise from $500m to $800m.
1 min read · 21 January 2013
Deutsche Pfandbriefbank, the business formed in June out of a merger between Hypo Real Estate Bank and subsidiary Depfa Deutsche Pfandbriefbank, has provided European funds managed by Denver logistics giant ProLogis with financing to acquire new assets and refinance others.
1 min read · 21 January 2013
Brookfield Asset Management, the Toronto-based real estate and infrastructure investment firm has formed a $4 billion investment consortium aimed at investing in underperforming real estate worldwide.
2 min read · 21 January 2013
The private equity firms have invested a fresh $43m in Gilt Groupe, known for online ‘sample sales’ of high-end consumer items.
1 min read · 21 January 2013
A combination of deteriorating fundamentals, lower property values and constrained capital markets will prove a “tall order” for many US investors, according to PREI. However, the firm says the speed of the current downturn could mark the start of ‘cautious optimism’ about US real estate.
2 min read · 21 January 2013
