Lehman Brothers has no time to celebrate its move to emerge from bankruptcy, as it is gearing up to fight for control of the largest real estate asset on its books: Archstone.
3 min read · 18 January 2013
The Lehman Brothers spinout has won a mandate from the Dubai Investment Group to manage a portfolio of 30 hotel, office and retail properties in the US and Germany acquired between 2004 and 2008.
2 min read · 18 January 2013
Legendary private equity real estate professional and philanthropist Joseph Robert has died at the age of 59.
2 min read · 18 January 2013
The $146.9 billion pension fund has chosen the Los Angeles-based Korn/Ferry to assist in identifying potential candidates to replace former CIO Raudline Etienne.
1 min read · 18 January 2013
After completing the first phase of the transaction in October, the Beverly Hills-based global real estate firm has completed the second and final phase of its acquisition of a loan portfolio from the Bank of Ireland.
1 min read · 18 January 2013
The US real estate development arm of Louis Dreyfus Global is now its own independent firm, operating under the name of Property Group Partners.
2 min read · 18 January 2013
The US firm, Lone Star Funds, was notified yesterday evening that it had been made preferred purchaser in the auction of £900m of UK loans being sold by Lloyds Banking Group.
2 min read · 18 January 2013
The former head of asset management at RREEF has taken on a similar role at Rockefeller’s investment management subsidiary.
2 min read · 18 January 2013
The hitherto central and eastern Europe-focused Heitman has struck up a property partnership in the UK in a clear sign it is moving into western European markets.
2 min read · 18 January 2013
Franklin Templeton Real Asset Advisors and Partners Group are revealed as being part of the consortium led by AREA Property Partners and Delancey Real Estate Asset Management that took private Minerva plc in August.
2 min read · 18 January 2013