The co-founder of Dune Real Estate Partners and the man behind Goldman Sachs’ Whitehall funds has stuck to several core beliefs throughout his career: never follow the pack, know when you want to have made your money and ensure your assets are unique.
10 min read · 24 January 2013
LaSalle Investment Management has won the Royal Mail Pension Plan’s property mandate, reportedly worth £1.6bn, taking over the management of RMPP's entire UK property holdings.
1 min read · 24 January 2013
DTZ predicts the gap between maturing mortgages and available financing in Europe will be €115bn at best, and €156bn at worst, in 2010 and 2011. With new equity set to top €116bn over the same period, the gap could be abolished by 2012.
2 min read · 24 January 2013
Michael McNamara will lead the Philadelphia-based firm’s acquisitions and dispositions group, after Trecap took over Capmark Investments’ real estate funds business.
2 min read · 24 January 2013
Heikki Westerlund, Capman CEO since 2005, will next month make way for Lennart Simonsen, a former M&A lawyer.
2 min read · 24 January 2013
Henning Eckermann, the Swiss alternatives manager’s chief economist, warned investors gathered at the Infrastructure Investor: Europe 2010 forum that developed markets face 75% chance of inflation in the range of 5% to 7%. As a hedge, he recommended they increase their exposure to real assets.
2 min read · 24 January 2013
Four days after his glider crashed into a lake near the Moroccan city of Rabat, the body of ADIA’s managing director, Sheikh Ahmed bin Zayed Al Nehayan, has been recovered. Reuters has reported a "succession plan" has been set and will be announced in the coming days.
2 min read · 24 January 2013
The emerging markets specialist is taking a majority stake in a project in Ikeja, Lagos, with debt funding coming from local players, Stanbic IBTC Bank Plc and Standard Bank of South Africa.
1 min read · 24 January 2013
The New York-based real estate firm is reportedly teaming up with F&C REIT to buy a Dublin shopping centre from Aviva Investors and Grosvenor. In February, AREA teamed up with PMB to buy a London office property for $52.9m.
2 min read · 24 January 2013
UK pension funds are increasingly favouring alternatives, with the average asset allocation rising to 9 percent in 2010, according to Mercer.
1 min read · 24 January 2013
