Deutsche Bank is conducting a strategic review of its €516bn global Asset Management group, which could lead to a sale of RREEF’s global real estate arm, DB Private Equity, and RREEF Infrastructure.
3 min read · 18 January 2013
The real estate investment management platform of the New York-based investment bank has emerged as the leading bidder for the Spanish bank's real estate assets, ahead of such rivals as Goldman Sachs and Cerberus.
2 min read · 18 January 2013
While relations between the governments of Britain and Germany might be frosty right now, PERE has been in Frankfurt playing its part to warm up property links.
3 min read · 18 January 2013
Long-serving director Doug Callantine is making way for incoming joint chief executive officers Andrew Galbraith and Alexia Gottschalch. The switchover starts on Monday.
2 min read · 18 January 2013
The $5.31 billion open-ended real estate fund plans to develop a 165-unit high-rise apartment building in New York City.
2 min read · 18 January 2013
In a keynote address at PERE’s annual event in Frankfurt, Roger Orf, managing director and head of Europe at Apollo Global Real Estate, explained how Germany was emerging as the ‘winner’ out of the current European sovereign debt crisis.
3 min read · 18 January 2013
The real estate division of UBS Global Asset Management won a tender for a multi-manager mandate from Germany’s Bayerische Versorgungskammer that has a wide range of investment possibilities.
1 min read · 18 January 2013
The New York-based firm, which is seeking $2 billion in equity commitments to target properties in gateway cities around the globe, already has received $200 million in commitments from two endowments.
2 min read · 18 January 2013
In the wake of CBRE’s takeover of ING REIM, its new owner says it has made a number of appointments.
2 min read · 18 January 2013
A UK investment director from Kames Capital, formerly AEGON Asset Management UK, says that despite the risks involved, his firm is starting to see ‘attractively priced’ deals in the secondary property market.
3 min read · 18 January 2013