Andy Watson becomes head of core property funds and separate client mandates, a new position at the Chicago-based firm.
1 min read · 24 January 2013
US firm, Pramerica Real Estate Investors, has expanded its global marketing team with the appointment of Mark Chamieh to lead its marketing functions in Europe, the Middle East and Asia
1 min read · 24 January 2013
The London-based real estate real estate investment and fund management firm has hired Craig McWilliam from Fortress as it seeks to expand its UK real estate development exposure.
1 min read · 24 January 2013
The two giants of the private equity and real estate world are joining forces to buy 318 RBS branches. RBS has also attracted bids from Banco Santander, National Australia Bank and JC Flowers.
1 min read · 24 January 2013
Fairmont Raffles Hotels International, the hospitality company taken private by Colony Capital and Kingdom Holding Company, is reportedly preparing to sell the legendary Raffles Hotel in Singapore to Qatari Diar. The Qatar sovereign wealth fund has yet to decide on the amount of money required to refurbish the colonial icon.
2 min read · 24 January 2013
The Madrid-based firm which specialises in developing factory outlet centres in Europe has established a joint venture with MAB Development.
1 min read · 24 January 2013
The London-based fund manager has held a first close on its core vehicle, the UK Property Income Fund, and hopes to raise a total of £500m. In order to entice interest, the fund will allow investors to choose their own amount of leverage.
2 min read · 24 January 2013
The chief investment officer of ING Real Estate Select resigned at the end of March due to the multi manager’s relocation to the firm’s headquarters in The Hague.
1 min read · 24 January 2013
The US Treasury Secretary said in a second letter the US is bolstering its regulatory approach to alternatives with registration requirements.
2 min read · 24 January 2013
The firm had offered $2.4bn, which included the assumption of debt, to acquire Ohio-based Cedar Fair. The deal did 'not have the required level of investor support', the company said.
2 min read · 24 January 2013
