A rival bidder of Babcock & Brown's Communities arm, Prime Retirement Trust, is seeking to force shareholder approval for significant parts of Lend Lease’s competing $236.8m offer to buy a 40 percent stake in the retirement village investment fund.
2 min read · 22 January 2013
The Merrill Lynch Asian Real Estate Opportunity Fund is the firm’s first Asia-dedicated fund, which will focus on Japan, China, South Korea and India.
1 min read · 22 January 2013
The US investor is helping Slovakian developer GRUNT progress projects in Bratislava. GRUNT’s finance head says he sees the relationship being extended.
1 min read · 22 January 2013
Following the appointment of Mike Bryant as managing director of international debt recently, the firm has made Melanie Collett head of debt business development in the UK. GE is seeking to build on €4bn of real estate debt investments it has made in Europe since last year.
1 min read · 22 January 2013
Investcorp president and chief operating officer Gary Long says the Bahrain-based firm’s investments portfolios were ‘under pressure’ owing to volatility in the financial markets.
1 min read · 22 January 2013
Razak Dawood, previously Pakistan’s trade and industry minister, will advise the MENASA-focused firm as it uses a portion of its $500m fund to invest in South Asia.
1 min read · 22 January 2013
Pacific Star has recruited Knut Riesmeier from the global asset mangement division of insurer Munich Re to lead efforts in the region.
2 min read · 22 January 2013
Apollo has made an investment for its latest European fund by investing in German property. The seller was listed UK real estate company and fund manager Capital & Regional which branched out into Germany in recent years.
1 min read · 22 January 2013
African fundraising soared to unprecedented heights in the first six months of 2008, but the second half of the year may not be as rosy, writes Matt Levin.
2 min read · 22 January 2013
At the Expo Real property show in Munich this week, it was the question on everybody’s mind.
2 min read · 31 January 2013