The investment gives the firm a 9.4 percent stake in the listed conglomerate and will be used to finance the expansion of the company’s insurance and healthcare businesses.
2 min read · 24 January 2013
Charles Foster Taylor died on Boxing Day. As well as serving UBS, he was also a member of INREV’s membership committee.
1 min read · 24 January 2013
Portland Capital, a London-based firm backed by Apax founder Sir Ronald Cohen, is reportedly winding down its business specialising in managing a real estate securities fund.
1 min read · 24 January 2013
Interviewed at the PERE Breakfast Club: ULI 2009, William Scully, managing director of Cerberus Real Estate Capital Management, and Shorenstein Properties president Glenn Shannon search for real estate clarity.
2 min read · 24 January 2013
Interviewed at the PERE Breakfast Club: ULI 2009, Sharon Ann M. Miller, managing director of Rockwood Capital, and Apollo Global Real Estate principal Kenneth Picache, reflect on a year of uncertainty.
2 min read · 21 January 2013
PERE takes a look at the major themes that shaped the global real estate industry in 2009, as well as some encouraging indicators for the year ahead. By Zoe Hughes
6 min read · 21 January 2013
The New York-based firm has $95m of dry powder ready to target deals in 2010. Off campus housing near public US universities will be the firm’s primarily focus, as it deploys capital from its first institutional fund.
3 min read · 21 January 2013
John Dwyer, manager of the Fleming banking dynasty’s global property fund, has left the private and independent multi-family office.
1 min read · 21 January 2013
Interviewed at the PERE Breakfast Club: ULI 2009, John Kukral, president of Northwood Investors, and Partners Group’s chief strategist for private real estate, Nori Gerardo Lietz, argue surprises are in store for GPs in 2010.
2 min read · 21 January 2013
Interviewed at the PERE Breakfast Club: ULI 2009, AMB managing director Alison Hill and MSREF VII chief financial officer John Kessler talk about the coming debt opportunities facing US real estate investors.
2 min read · 21 January 2013
