The Carlyle Group, together with partners Crown Acquisitions and the Kushner Company, have leased 90,000 sq. ft of space at 666 Fifth Avenue for more than $300m.
2 min read · 24 January 2013
Douglas Smith, managing director and head of commercial real estate at Deutsche Bank’s Japan business, is to leave the bank this month to pursue other opportunities.
1 min read · 24 January 2013
For the second time in less than a year, ING Real Estate Investment Management has been selected as replacement GP of an Asia fund.
1 min read · 24 January 2013
The Health Care and Education Affordability Reconciliation Act of 2010, which President Obama signed into law 30 March, includes Medicare tax provisions that will negatively impact fund managers and investors.
2 min read · 24 January 2013
The real estate arm of Qatar’s sovereign wealth fund has bought 5% of French utility company Veolia Environnement. The acquisition is the fund’s second foray into the French infrastructure market after it acquired 5.78% of VINCI.
1 min read · 24 January 2013
Editor of PERENews, Jonathan Brasse, and PEI Media sales and marketing chief, Paul McLean, will be running the London Marathon this year on behalf of Downsed, a charity which provides educational support to young people affected by Downs Syndrome.
1 min read · 24 January 2013
The global consultant has hired Paul Richards as head of European Real Estate Boutique in London.
1 min read · 24 January 2013
Both Morgan Stanley and Goldman Sachs have been publicly shamed this week by national newspaper reports over the performance of a real estate fund. But the negative PR is unlikely to be a killer blow for either of them.
3 min read · 24 January 2013
The Abu Dhabi Investment Authority has named Sheikh Hamed bin Zayed al Nehayan as managing director to replace his deceased brother Sheikh Ahmed bin Zayed al Nehayan.
1 min read · 24 January 2013
The former head of institutional funds at IVG Group is to run the German fund business of Switzerland-based private equity real estate firm, Corestate Capital
1 min read · 24 January 2013