The appointment reflects Doughty’s ambition to continue its Nordic investment drive for its second European fund.
2 min read · 21 January 2013
Stella Group’s difficulty in repaying its debt has been compounded by its poor financial performance.
1 min read · 21 January 2013
Nakheel, Dubai’s state-owned developer famed for building the palm-tree shaped islands Palm Jumeirah, has reportedly halted construction of Nakheel Tower for 12 months, as the region feels the impact of the world economic downturn.
2 min read · 21 January 2013
The private equity real estate arm of the property services firm has purchased three office blocks in Los Angeles, New Jersey and West Palm Beach – including one building the firm previously owned more than four years ago.
1 min read · 21 January 2013
Colony Capital chairman Tom Barrack says the industry faces its ‘greatest opportunity and challenge’ this year, with 2009 investments expected to make ‘historically high returns’. Not all firms will survive though, with those fundraising facing significant obstacles.
2 min read · 21 January 2013
The London headquartered firm makes two senior appointments, reiterates focus on Italy.
1 min read · 21 January 2013
Seth Lieberman is heading up the new global real estate fund of funds platform for Italian firm, Advanced Capital, having most recently served as managing director of real estate finance for Europe, the Middle East and Africa at Swiss banking giant UBS.
2 min read · 21 January 2013
The founder and chairman of UK pub group, JD Wetherspoon, has warned private equity and property investment groups have had a “pretty disastrous” effect on the British pub industry after piling large debt loads onto some companies, according to a report.
2 min read · 21 January 2013
Despite the departure of George Bilicic as its head of infrastructure, the buyout shop is forging ahead with plans for its foray into the asset class.
2 min read · 21 January 2013
The Chicago-based financial services firm has closed its real estate fund of funds above target. Investment decisions are advised by consultants Courtland Partners.
1 min read · 21 January 2013