The chief executive officer of Dune Real Estate and founder of Goldman Sachs’ Whitehall Street Real Estate Funds will take over as chairman of the US Real Estate Roundtable next year. Over the coming year, the body will lobby on issues including energy, taxation and the US economy.
2 min read · 22 January 2013
Apollo Global Management, the Leon Black-led alternative investment giant, has been actively recruiting real estate professionals to lead a new real estate arm. The move could present a branding challenge to a separate firm called Apollo Real Estate Advisors, in which Black owns a minority stake.
2 min read · 22 January 2013
Leon Black’s Apollo Global Management looks to enter the real estate space.
2 min read · 22 January 2013
Matthew Ryall is joining the German insurer to head up its multi-fund strategy. The appointment comes one week after Allianz unveiled Olivier Piani as its head of real estate.
1 min read · 22 January 2013
Marianna Nitsch, general counsel for GE’s French business, has been promoted to general counsel for Europe following the appointment of Thierry Leleu to European managing director of the firm’s new investment management division.
1 min read · 22 January 2013
The San Francisco-based private equity real estate firm has acquired the Oyster Point Business Park and Oyster Cove Marina in San Francisco.
1 min read · 22 January 2013
Global Investment House has raised $500 million for its London Stock Exchange-listed fund focussed on financial sector assets in Middle East and North Africa.
1 min read · 22 January 2013
The US’ largest union of long-term care workers, the Service Employees International Union, launched its ‘global day of action’ today targeting KKR, its portfolio company Toys R Us and pension funds and politicians in support of the buyout industry. Unite, the largest union in Britain, also joined the cause.
2 min read · 22 January 2013
The final hurdle to Citi Property Investors and Gazit-Globe investing up to €800 m in Vienna-listed European developer Meinl European Land has been cleared after resolutions were passed today at an extraordinary general meeting. Meinl will change its name to Atrium European Real Estate.
1 min read · 22 January 2013
The US industrial property developer and investment firm has promoted Ralf Wessel from senior vice president of the European fund and capital markets to take responsibility for all new fund products and investor relations. Simon Nelson, European fund management executive, is stepping up to replace Wessel.
1 min read · 22 January 2013