A number of international organisations were in Cannes, France, this week to hear about an acute shortage of debt financing for European property.
2 min read · 17 January 2013
The two firms have partnered to invest in value-added offices in London, starting with the completion of a 164,000-square-foot office development in West London.
2 min read · 17 January 2013
Patrick Kanters, managing director of global real estate at APG Asset Management and recipient of the 2011 Global PERE Award for European Industry Figure of the Year, will replace current chairman Michael Morgenroth, effective late next month.
2 min read · 17 January 2013
Luxembourg-domiciled Aeriance, which is sponsored by a Kuwaiti sovereign wealth fund, has revealed at MIPIM that it plans to bring to market a €500 million-plus senior debt fund.
2 min read · 17 January 2013
The global real estate investment management firm has hired Enda Farrell as its representative in Ireland. The hiring of Farrell is part of Forum’s plan to expand its presence in the European debt space.
2 min read · 17 January 2013
As part of its strategy to reduce its US assets, the troubled commercial real estate finance unit of Germany’s Commerzbank is seeking bidders for a portfolio of 12 US loans. The move follows closely on the heels of a $300 million US loan portfolio sale to The Blackstone Group.
1 min read · 17 January 2013
The Texas-based private equity firm and the Singaporean sovereign wealth fund told delegates at PERE’s panel at MIPIM today how a “profound” and “unprecedented” rush to core real estate has led them to seek opportunities in Europe’s secondary markets.
3 min read · 17 January 2013
Korea’s largest non-life insurance company reveals to PERE that it has devised an investment strategy for 2012 that, for the first time, includes putting its capital to work via funds alongside its main focus on direct investments in core property markets.
3 min read · 17 January 2013
Zeb Bradford, chief investment officer of Metzler Real Estate, warned those ‘piling in’ to core real estate investments in the US to ensure they underwrite the country’s artificially low interest rates first.
2 min read · 17 January 2013
The London-based real estate services firm said major lenders in the UK commercial property market have become more active in the past five months.
2 min read · 17 January 2013
