The private equity real estate firm with more than $3bn in dry powder has hired Matthew Kenney, David Finkel, Zubin Irani, Andrew Gummer and Kunihiko Okumura as principals and managing principals to work from its New York, London and Tokyo offices.
2 min read · 21 January 2013
The property arm of the US conglomerate is shedding employees at all levels of the company, as its parent unit GE Capital plans overall job losses of between 7,000 and 11,000.
1 min read · 21 January 2013
The central and eastern European retail developer has agreed to restructure an aborted €300 million rights issue in order to avoid the danger that existing shareholders Citi Property Investors and Gazit-Globe would have to make a mandatory takeover offer for the company under Austrian takeover rules.
2 min read · 21 January 2013
Three high profile socialists and MEPs have written to the EU Commission president to demand action proposals for private equity regulations, following a war of words triggered by remarks from EU Commissioner Charlie McCreevy in December.
2 min read · 21 January 2013
Anil Ahuja, formerly co-head of 3i Asia with Mark Thornton, has been appointed as the head of 3i's Asian operations. He will continue to lead the India team and report to Chris Rowlands, chairman of 3i Asia.
2 min read · 21 January 2013
Ric Lewis, the chief investment officer of AEW Europe who decided last year to leave the business, is to set up an independent investment firm. However, he is staying on as advisor on key AEW funds.
1 min read · 21 January 2013
The appointment reflects Doughty’s ambition to continue its Nordic investment drive for its second European fund.
2 min read · 21 January 2013
The private equity real estate arm of the property services firm has purchased three office blocks in Los Angeles, New Jersey and West Palm Beach – including one building the firm previously owned more than four years ago.
1 min read · 21 January 2013
The London headquartered firm makes two senior appointments, reiterates focus on Italy.
1 min read · 21 January 2013
Seth Lieberman is heading up the new global real estate fund of funds platform for Italian firm, Advanced Capital, having most recently served as managing director of real estate finance for Europe, the Middle East and Africa at Swiss banking giant UBS.
2 min read · 21 January 2013