James Sunday has been named partner at the Simsbury, Connecticut-based group, while Ira Shaw has been promoted to vice president.
1 min read · 18 January 2013
The former president of GE’s US consumer retail finance arm will lead GE Capital Real Estate, after Pressman (pictured) decided to leave the conglomerate to ‘pursue interests outside the company’.
2 min read · 18 January 2013
Last year was a year of transition, as many firms and individuals struggled to adjust to the new realities of the global real estate markets. It was enough to make even some of the biggest players in the industry throw up their hands in defeat. Yet, for those with savvy and discipline, 2010 proved to be a year of opportunity. So, which firms, individuals and deals stood out from the crowd in North America in 2010? PERE Awards supplement March 2011.
10 min read · 18 January 2013
Opportunistic fund targets 25 percent IRRs by acquiring prime land in Sub-Saharan Africa with a particular focus on South Africa.
2 min read · 18 January 2013
Consulation closes today on proposed rules in the United Arab Emirates which make little distinction between private equity and other asset classes.
2 min read · 18 January 2013
The balance of power is starting to shift back to landlords as US vacancy rates start to slowly decline, according to NAREIM members, with rents expected to stablise in 2011. However, challenges still remain.
2 min read · 18 January 2013
Morgan Stanley Real Estate Investing is marketing its majority stake in Shanghai Motel Management, a Chinese motels business. A sale of the 266-motel business could fetch a reported $1 billion for the Wall Street bank and its other investors.
2 min read · 18 January 2013
Tony James told a London audience Wednesday night that Blackstone's real estate investment business had ‘several advantages’ over private equity.
2 min read · 18 January 2013
The private equity real estate firm has hired Rafael Avilés as country partner for Spain as the firm looks to expand investments in the region.
1 min read · 18 January 2013
Little more than four months after forming a joint venture with US logistics company Panattoni for a logistics investment programme in central and Eastern Europe, Parsippany-based Pramerica Real Estate Investors has committed further investment to the partnership.
1 min read · 18 January 2013
