Dune Real Estate Partners have hired former Morgan Stanley commercial mortgage trading senior manager David Oliner. It comes as the firm raises its second property vehicle, Dune Real Estate Fund II.
2 min read · 21 January 2013
In his keynote address on the second day of this year’s PERE Forum: Europe, LaSalle Investment Management chief executive officer Jeff Jacobson said US real estate capital values have fallen by 30 percent in the last three quarters. He expects them to fall by another 10% in Q2 alone.
1 min read · 21 January 2013
The real estate arm of the Middle Eastern investor has bought a senior mortgage loan, a B-note and two mezzanine loans backed by properties in Washington DC, New York and Los Angeles.
1 min read · 21 January 2013
The real estate arm of insurance firm Prudential has hired Jack Taylor, Steven Plust and Stephen Alpart as it builds its debt investment operations. Taylor will be head of PREI's global high yield debt business.
2 min read · 21 January 2013
The PERE Forum: Europe, taking place today and tomorrow, is being chaired by former Morgan Stanley global joint head of real estate investing John Carrafiell. He warned delegates in London not to ignore green requirements in favour of attractive yields when making investments.
2 min read · 21 January 2013
The German retailer needed state loans to renew credit lines worth up to €710m by Friday. That request was denied. Goldman Sachs’ Whitehall funds, RREEF, Pirelli Real Estate, Generali and the Borletti Group own a portfolio of Arcandor real estate.
2 min read · 21 January 2013
Property Investors’ president and CEO Roger Orf highlighted the increased availability of cheap commercial real estate debt packages as one of three investment opportunities of tomorrow at the PERE Forum: Europe.
2 min read · 21 January 2013
While many investors are 'shell-shocked', Citi Property Investors’ president and CEO Roger Orf believes a trio of future investment opportunities offer up reasons for optimism. He said debt, residential and real estate securities could be 'silver linings'.
2 min read · 21 January 2013
Bryan Bailey has been appointed senior adviser to the Italian funds of funds firm. He joins ex-Merrill Lynch managing director John Herbert in shaping the firm’s real estate fund, which is targeting €300m.
1 min read · 21 January 2013
Laxey Partners, the London-based activist shareholder which recently made the headlines for trying to oust board members of AIM-listed Indian property company Hirco, is attempting to take control of Italian industrial property company Spazio.
1 min read · 21 January 2013
