British property company Sovereign Land is teaming up with veteran broker Chris Geaves to take advantage of the country's pricing correction. The fund will particularly target shopping centres. Geaves will be 'winding down' his role at Strutt & Parker.
1 min read · 21 January 2013
The Singapore sovereign wealth fund has established an office in the southern city of Chennai to expand its investment operations in India.
2 min read · 21 January 2013
A JV between the Dublin-based private equity real estate firm and developer FOM Real Estate has sold a hotel in Frankfurt to an open-ended fund run by Deka Immobilien. The firm paid €30m for the property in July 2007.
1 min read · 21 January 2013
Piergiulio Dentice di Accadia has joined from CB Richard Ellis Investors to manage the Cordea Savills Italian Opportunities No 2 fund. In addition, former Pirelli Real Estate professional Daniele Martignetti has also joined Cordea Savills’ Italian business.
1 min read · 21 January 2013
More than 250 expressions of interest from parties including private equity real estate firms have been received by the collapsed bank’s liquidators for its assts in Asia.
1 min read · 21 January 2013
A management group from Lehman Brothers Venture Partners will spin-out to become Tenaya Capital. The firm will have $750m in capital and 45 portfolio companies and retain all the third-party limited partners from Lehman’s venture funds. A decision on Lehman's real estate operations is expected in the next month.
2 min read · 21 January 2013
The German real estate company which operates an opportunity fund said the value of its real estate fell by 8. 5 percent in the year to 31 December.
1 min read · 21 January 2013
Réal Desrochers has ended his 11-year reign as the director of alternative investments at the US' second largest public pension, leaving veteran portfolio managers Margot Wirth and Seth Hall as interim co-directors. Desrochers did not disclose future professional plans in a farewell email sent to friends and colleagues.
4 min read · 21 January 2013
The first auction of the year by Allsops in the UK saw 91 percent of the residential properties sold. Auctioneers at the firm say conditions are more like boom time than recession.
2 min read · 21 January 2013
Wilfred Wong will formulate and manage the Singaporean group's business strategies in China and Macau. Wong is also a delegate of the National People’s Congress of China and deputy vice chairman of golf course developer Mission Hills Group.
2 min read · 21 January 2013
