In its Economic Pulse report on the Asia Pacific economy and its effect on commercial real estate, the New York-based firm uses IMF findings to forecast when the investment and rental level bounces will occur on the continent.
2 min read · 21 January 2013
After TARP, TALF and PPIP, what the US banking system really needs is an RTC to clean up toxic real estate loans, says Zoe Hughes
2 min read · 21 January 2013
Israel’s Property and Building announced that it is considering paying UK REIT British Land for a stake in an office complex at Liverpool Street Station.
1 min read · 21 January 2013
China’s $200bn sovereign wealth fund is hiring globally for 33 positions across 13 departments, including real estate.
1 min read · 21 January 2013
The sovereign fund will resume overseas investments following a $3bn cash injection by the Korean government.
1 min read · 21 January 2013
Lim Siong Guan will take responsibility for the organisational development of GIC Real Estate, GIC Asset Management and GIC Special Investments. GIC has also appointed Tony Tan as chairman of GIC Real Estate.
2 min read · 21 January 2013
Bridge Capital, a South African corporate and property advisor, is launching a €130 million fund to take advantage of South African opportunities. The firm points to IPD, whose world property index suggests the South African market has been one of the best performers in the last six years.
1 min read · 21 January 2013
Cliff Hawkins is becoming UK chairman of UBS Global Asset Management’s real estate business following recent departures. Anthony Shayle has joined as managing director and head of the UK business having recently joined from AXA Real Estate Investment Managers.
2 min read · 21 January 2013
Tokyo-based private equity real estate firm KK DaVinci is to sell DaVinci Select, the management unit responsible for the DA Office Investment Corporation J-REIT, to Japanese securities brokerage Daiwa Securities Group. The deal coincides with Daiwa’s purchase of a 13 percent stake in the J-REIT
1 min read · 21 January 2013
KPMG, which was appointed to liquidate the bulk of Lehman Brother’s non-Japan real estate assets, has completed the sale of seven out of nine loans and bonds issued by the collapsed bank.
1 min read · 21 January 2013
