The chairman of Morgan Stanley’s real estate business is quitting his role as CEO of the bank’s Asia operations. He is set to return to New York in June, but reportedly declined to say whether he would remain with Morgan Stanley in the future.
2 min read · 18 January 2013
The private equity advisory and fund of funds firm has hired Jerome Gates to lead and expand its offering in the real estate sector.
2 min read · 18 January 2013
The private equity firm has raised £50m from institutional investors for the IPO of Duet Real Estate Finance Limited as well as a further £25m for its existing private vehicle.
1 min read · 18 January 2013
Daniel Mudd will challenge a ‘Wells notice’ served by the Securities and Exchange Commission, as the federal agency investigates the conduct of Fannie Mae and Freddie Mac in the run-up to the financial crisis.
2 min read · 18 January 2013
Despite Japan’s J-REIT sector crashing by almost 7 percent, real estate firms active in the country are not panicking after the country's worst ever earthquake. Some say damage to the investment market should be short term.
3 min read · 18 January 2013
The Chicago-based real estate investment management business has partnered with New York-based financial brokerage firm BGC Partners to form a property derivatives business.
2 min read · 18 January 2013
England-based firm raises $200m for a private equity and property fund, half of which will target opportunities outside the UK,
2 min read · 18 January 2013
At a panel session at this year’s MIPIM conference in Cannes, delegates heard from Barclays Corporate how rebounding market valuations in the UK have led to less distressed real estate situations.
2 min read · 18 January 2013
The $25.5bn US pension has invested in BPG's latest value-added vehicle, targeting $250m. The Pennsylvania pension saw its real estate portfolio return 2.3% in 2010, and 4.5% in the fourth quarter.
2 min read · 18 January 2013
Europe’s fund managers say the atmosphere at this year’s MIPIM property show in Cannes is more optimistic than in 2010, with capital from Asia, the Middle East and, to an extent, the US interested in the region.
2 min read · 18 January 2013
