A pilot scheme would allow the conversion of up to 50% of an RMB fund from foreign currency, removing a huge hurdle facing foreign investors seeking access to China's private equity market.
3 min read · 24 January 2013
Toby Phelps, the UK managing director of New York-based Tishman Speyer, is reportedly joining Alpha Real Estate Advisors, the advisory business set up by former Morgan Stanley Real Estate Investing joint global head, John Carrafiell.
1 min read · 24 January 2013
The European shopping centre developer, 75 percent owned by Morgan Stanley, has sold 15% of its assets to fellow Dutch property company, Corio.
2 min read · 24 January 2013
The backing of only the strongest property owners by tenants and brokers – due to concerns over the health of potential landlords – is leading to a split in US, particularly New York's, property markets between the healthy and weak.
2 min read · 24 January 2013
The two firms cited changes to the tax status of carried interest and the possibility of having to register with the SEC as investment advisors as threats to their businesses.
2 min read · 24 January 2013
Jennifer Aleman Hutter and Elizabeth Weiner have formed a consulting firm, focused solely on the GP-side of the placement business.
1 min read · 24 January 2013
In its latest high profile purchase, the National Pension Service of Korea is to acquire Berlin’s landmark Sony Centre from Morgan Stanley’s sixth global real estate fund.
2 min read · 24 January 2013
The 29-strong Capmark Investments team, including Robert Fabiszewski, William Martin, Wayne Harris, Paul Dolinoy, and Gene Conway, will join the Philadelphia-based real estate investment firm.
2 min read · 24 January 2013
The Greenwich, Connecticut-based real estate firm paid $40.7m for two apartment complexes in Cary, North Carolina.
1 min read · 24 January 2013
David Schaefer, the former head of Asia Pacific at Citi Property Investors, has been appointed to lead property services firm DTZ’s investment management charge in Asia.
2 min read · 24 January 2013
