In the latest in a series of changes to senior personnel, the Denver-based logistics company has appointed a new head of global investment management and a president for Europe.
1 min read · 21 January 2013
Royal Bank of Scotland is financing the acquisition of the Royals Shopping Centre in Southend and the Meadows Retail Park in Chelmsford, both in the South East of England. The facility was set up last November.
1 min read · 21 January 2013
LaSalle Investment Management has poached Chris Martin from Australian property Group GPT to become head of asset management.
1 min read · 21 January 2013
Counterparties to the largest long-term lease of an airport in US history agreed not to extend a deadline for financial close. A Citi-led consortium secured debt for the deal but fell short in raising more equity for the upfront fee. Chicago intends to rebid the airport.
3 min read · 21 January 2013
Her departure, a possibility PEO reported last week, is a huge blow to ICICI Venture, which is currently in the market for a $1.2bn fund.
2 min read · 21 January 2013
Despite glimmer of hope that the commercial real estate debt and equity markets will improve over the coming year, property CEOs warn the TALF and PPIP lending programmes must urgently unveil their plans to help real estate.
1 min read · 21 January 2013
The German construction giant will modernise and expand three existing schools and construct a new school center in Bavaria’s Hof district. The PPP is expected to cost €50m and will require Bilfinger to operate the schools for 21 years.
1 min read · 21 January 2013
Details have been revealed of Carlo Puri Negri’s compensation deal for leaving Pirelli Real Estate as a board director two years earlier than originally planned. As well as a €9.4 million pay off, he will get €3 million over two years for not competing against the company and €800,00 a year for a consultancy role.
1 min read · 21 January 2013
The chief operating officer of JE Robert Companies has left the firm after just 18 months. It follows the departure of European head Malcom Le May and after sources said the McLean, Virginia-based firm was focusing increasingly on asset management.
2 min read · 21 January 2013
John Thornley has joined former colleague Chris Macke as chief operating officer of General Equity Real Estate after more than 25 years at the US conglomerate.
1 min read · 21 January 2013
