The former senior management team of London based industrial property company GPT Halverton have set up their own investment business, M7 Investment Management.
1 min read · 21 January 2013
As a kick-back scandal involving several public pensions grows in the US, LACERS is the latest pension to draft a disclosure policy for placement agents and other third-party marketers.
3 min read · 21 January 2013
Though demand by occupiers for commercial space is diminishing because of weakening economies, more than 2m sq. m of office space was completed in Europe in the first quarter of the year – one of the highest levels ever recorded, according to Jones Lang LaSalle.
1 min read · 21 January 2013
Jon Thompson has joined the firm in the London office to help with fundraising and client functions for the planned real estate fund to be managed by New York-based Apollo Global Management.
1 min read · 21 January 2013
Perseus Realty Partners has brought on Bill Trimble as its first chief operating officer to oversee administrative functions and investor relations as the firm grows.
1 min read · 21 January 2013
Despite few properties trading hands in the capital, Monday Properties CEO Anthony Westreich says cap rates in Washington DC are above their historical trends suggesting the metro office market may have repriced too far. Washington DC, he says, is the "best" market in the US.
2 min read · 21 January 2013
The largest pension in the US has charged its staff with creating a disclosure policy for placement agents and their fees after it was revealed that CalPERS has ties to a kick-back scandal involving the New York State Common Retirement Fund.
3 min read · 21 January 2013
The San Francisco-based firm has closed its eighth private equity real estate fund, targeting all property sectors in the US.
1 min read · 21 January 2013
The private equity real estate arm of property services firm Knight Frank received a takeover bid from Romanian property company Black Sea Global Properties for its London listed European property fund. Fund share values doubled as a result.
1 min read · 21 January 2013
London based law firm SJ Berwin is planning to open an office in Dubai, the first for the firm in the Middle East.
1 min read · 21 January 2013