A year after launching a secondaries desk, the global inter-dealer broker will start fundraising for private equity, hedge fund and other alternative investment vehicles.
2 min read · 24 January 2013
The New York firm has co-invested in a hotel asset which will be turned into a luxury offer complete with 70 new rooms and 50 suites
1 min read · 24 January 2013
Norway’s $300 billion government pension fund, formerly known as the Petroleum Fund, has opted for Norwegian Karsten Kallevig to head its real estate team. Kallevig has been heading the Japan business of private equity real estate firm Grove International Partners and will take up his new position on September 1
1 min read · 24 January 2013
A study of US CMBS deals reveals that more than 3,500 loans currently have debt service coverage ratios of 1.0x or less. That figure could quickly grow to $75bn as less than half the CMBS universe has reported 2009 financials.
3 min read · 24 January 2013
London and Geneva-based real estate fund manager Aerium has refinanced its debt on a Turkish retail portfolio with merchant bank Akbank.
1 min read · 24 January 2013
The 18-year servant of Schroder Property, who was responsible globally for its property products, has resigned to pursue other opportunities
1 min read · 24 January 2013
The EU Parliament’s Economic and Monetary Affairs Committee was scheduled to vote on a final version of the controversial AIFM Directive, but the vote was delayed one week for procedural reasons.
2 min read · 24 January 2013
The London-based private equity real estate firm has sold Hofgarten Palais to Germany’s Union Investment Real Estate
1 min read · 24 January 2013
Benjamin Young, the former chief investment officer of RREEF’s opportunity funds, has joined Strategic Value Partners as global head of real estate. SVP has also hired Georg Strassner, formerly with Morgan Stanley subsidiary Argoneo.
2 min read · 24 January 2013
Following a tumultuous 2009 for global real estate, 2010 is already showing significant signs for optimism, according to property services firm DTZ in its annual “Money into Property” report.
2 min read · 24 January 2013
