PEI Media, publisher of PERE, has raised nearly £3,400 for charity Downsed at this year’s London Marathon. Paul McLean, one of two runners to represent the company, recorded a personal best time of 3hrs 53mins.
1 min read · 24 January 2013
The New York-headquartered private equity firm will acquire 25% of Eastern European restaurant operator AmRest.
1 min read · 24 January 2013
A bid by UK charitable foundation The Wellcome Trust and The Blackstone Group to buy 318 branches owned and operated by UK bank The Royal Bank of Scotland, has been withdrawn.
2 min read · 24 January 2013
An online petition urging the pension giant to unload real estate holdings in the state has surfaced – an initiative designed to oppose a new immigration bill signed into Arizona law on Friday.
2 min read · 24 January 2013
The European business led by Simon Marrison and Susan Lloyd-Hurwitz also has a new value added strategy to create core assets.
2 min read · 24 January 2013
The European firm says German and Austrian LPs have committed to its development fund targeting Austria and neighbouring countries
2 min read · 24 January 2013
Mohammad Almojel was previously an associate director at MerchantBridge Private Equity, and sits on the board of the Saudi-British Business Council. He is charged with sourcing capital for private equity, real estate and infrastructure funds.
1 min read · 24 January 2013
In a sign that debt markets are easing, the Los Angeles-based real estate investment firm has secured a $44m first mortgage on a $71m office from debt-investor Mesa West. However, in a break from the norm, the five-year floating rate loan can be paid off after just two years.
2 min read · 24 January 2013
The flight chaos that has followed the eruption of Eyjafjallajokull glacier in southern Iceland has caused INREV to scrap its event later this week in Venice, Italy.
2 min read · 24 January 2013
Editor of PERENews, Jonathan Brasse, and PEI Media sales and marketing chief, Paul McLean, will be running the London Marathon this year on behalf of Downsed, a charity which provides educational support to young people affected by Downs Syndrome.
1 min read · 24 January 2013
