Cleveland-based advisory and investment management firm, The Townsend Group, becomes the latest beneficiary of the National Pension Service of Korea’s strategy of increasing its international real estate exposure.
1 min read · 24 January 2013
New York-based sale and leaseback specialist WP Carey has appointed Trevor Bond as global chief executive officer following a short spell holding the position in an interim capacity.
2 min read · 24 January 2013
Hotel owner and operator says it is in talks with ‘major’ private equity groups and real estate funds to create a joint venture vehicle to build up a portfolio of hospitality assets
3 min read · 24 January 2013
With more than 800 banks on the FDIC watchlist, dealing with the troubled assets on thousands of community and regional banks will be priority for industry.
2 min read · 24 January 2013
Thierry Deau is leading a team of runners from Paris-based fund manager Meridiam Infrastructure as part of a 250-strong line-up for the groundbreaking Athens event, which is aiming to raise €2.5m. Find out how you can help Meridiam in its efforts to improve the lives of children around the world.
2 min read · 24 January 2013
The Asia Pacific operation of LaSalle Investment Management has sat on the investment market sidelines for nearly two years. But regional CEO Jack Chandler tells PERE that he believes this patience will be well rewarded from the investment performance of the new acquisitions the firm has made.
3 min read · 24 January 2013
Eric Lemer, formerly of Credit Suisse’s Real Estate Private Fund Group, has joined trans-Atlantic private equity real estate firm GI Partners in its London office to take on a newly-established role.
2 min read · 24 January 2013
As fundraising continues to prove difficult, veteran GPs at the AFIRE conference estimate that between 50% and 70% of managers in the business may not survive.
1 min read · 24 January 2013
Oppenheimer Investments Group, the Zurich-based project finance adviser, has appointed veteran private equity real estate lawyer Iain Morpeth, who spent 23 years at Clifford Chance, as its new global chief operating officer. Among his mandates, Morpeth advised on the sale of the Millennium Dome.
1 min read · 24 January 2013
The chairman of Equity Group Investments, who coined the phrase 'stay alive til '95' during the RTC crisis, warns reports of a demise in US commercial real estate are 'greatly exaggerated'
1 min read · 24 January 2013
