Former Fannie Mae chief executive officer Daniel Mudd will lead the New York-based private equity, real estate and hedge fund manager. It is part of a main board reshuffle aimed at enabling senior executives to focus on the group’s portfolio.
2 min read · 21 January 2013
The New York-based real estate firm has bought a seven building portfolio of industrial buildings with Westcore Properties for an undisclosed sum.
1 min read · 21 January 2013
Land Securities, the London-listed property company with assets valued at just less than £10bn under management, has appointed Orchard Street Investment Management chairman Chris Bartram as a non-executive director.
1 min read · 21 January 2013
The Washington DC-based firm has appointed Bob Bartlett as marketing and investor relations director.
1 min read · 21 January 2013
Three directors at Trikona Trinity Capital have resigned as the AiM-listed development and investment company seeks to divest assets.
1 min read · 21 January 2013
Jean-Marc Vandevivere has left San Francisco-based Horsley Bridge Partners to research markets and opportunities for British Land, a London REIT.
1 min read · 21 January 2013
The former president of JER Partners in Europe has joined private property investment company Three Delta, which attempted to acquire Sainsbury’s supermarket group in the UK two years ago.
1 min read · 21 January 2013
Apollo Global files an IPO for its debut debt real estate platform, Apollo Commercial Real Estate Finance. ACREFI, which will list as a REIT and be led by Joseph Azrack and Scott Weiner, will target US whole loans and CMBS.
2 min read · 21 January 2013
Cohen & Steers’ global funds of funds chief Stephen Coyle warned that vehicles which bought assets with more than 65% leverage after 2003 are in ‘serious trouble’. Expectations the UK was already starting to recover were wrong though, with the economy likely experiencing a ‘head fake’.
2 min read · 21 January 2013
Real estate has become an institutional asset class, however for ING Clarion’s head of research David Lynn more analysis and ‘rigour’ is needed when thinking about property investments. Lynn shares his thoughts about real estate, portfolio theory and where the next best opportunities could be.
3 min read · 21 January 2013