Richard Price, who has been with ING Real Estate since 1996, has been picked to lead the firm’s Hong Kong office, replacing Robert Lie who left in April to join Redevco Asia. It follows a raft of personnel changes for ING in Asia, including the appointment of former PGGM executive Dick Popken.
2 min read · 22 January 2013
The London-based investment bank with significant property holdings has appointed Ernst & Young to restructure some of its investments.
2 min read · 22 January 2013
DLJ founder Richard Jenrette is the latest veteran of the investment bank to join the publicly-listed alternative asset manager, re-teaming with former colleague and current Blackstone president Tony James.
1 min read · 22 January 2013
Scott Peters has resigned as chief executive officer of the real estate investment company, effective immediately. The decision follows pressure from shareholders, notably the founder of private equity real estate firm Thompson National Properties and former Grubb & Ellis board chairman, Anthony Thompson.
2 min read · 22 January 2013
The US’ second largest public pension fund says it could cut the number of fund managers it works with as market conditions prompt it to review investment relationships. The pension says it will focus on those who ‘outperform in difficult markets.’
3 min read · 22 January 2013
Singapore’s Temasek Holdings latest appointment is a member of the wealthy and influential Swedish industrial Wallenberg family, dubbed the 'Royal Family of Swedish business.'
1 min read · 22 January 2013
Frank Scavone has joined the Los Angeles-based real estate investment firm to develop new investment programs for the firm. The appointment follows a recent string of real estate appointments in the firm’s US and European operations.
2 min read · 22 January 2013
Global Infrastructure Partners and energy company Fortistar have acquired the bankrupt Texas power generation plant, Channelview, after US courts approved the deal last month.
2 min read · 22 January 2013
The project, one of Blackstone’s first investments in renewables, would construct roughly 80 wind farms off the German island of Helgoland, according to media reports.
1 min read · 22 January 2013
Millennium Group, a Hong Kong-based real estate investment firm, has partnered with Cambodia’s biggest mobile phone operator to build resorts, casinos and an airport on an island off the coast.
2 min read · 22 January 2013