The US arm of the British property firm, led by the Duke of Westminster, has sold the Grosvenor Building it developed in 1985 to merchandising and real estate firm Kingswood Capital. Only two other Vancouver office transactions over $5m have taken place to date this year.
2 min read · 21 January 2013
The Philadelphia-based firm has raised $23 million to date for its second property fund. It will target under- and non-performing first mortgage loans in the region.
1 min read · 21 January 2013
Jadwa Investment Company is reportedly looking to invest a sizeable portion of its capital in the US and UK, and is already eyeing a £700m transaction in Britain with European property investor CIT, according to the Financial Times.
1 min read · 21 January 2013
Aerium becomes the third investor in a month to buy from London-listed Land Securities with the £105.5 million purchase of One Wood Street in the City of London. The investment follows those of the Libyan Foreign Investment Company and Europa Capital.
1 min read · 21 January 2013
The emerging markets giant has hired Ngozi Edozien, who last year founded the Equity Vehicle for Health in Africa.
2 min read · 21 January 2013
The Denver based logistics firm in the midst of a restructuring process has appointed a new chief financial officer and a head of treasury for its European operation. The appointments come in the same week the company revealed it had completed $561 million of asset disposals this quarter.
2 min read · 21 January 2013
The airports operator says a proposed special insolvency regime would be bad news for investors.
2 min read · 21 January 2013
Invesco Real Estate has hired seven professionals to build its team in Europe including Simon Mallinson from IPD and Neil Harris from UK property firm Nelson Bakewell.
1 min read · 21 January 2013
The Sydney-based property company has formed a joint venture with Bank of Scotland lasting three years as part of efforts to put its financial future on a more secure footing.
2 min read · 21 January 2013
PERE magazine July/August 2009. Lone Star's Ellis Short is ploughing his millions into keeping English soccer club Sunderland in the Premier League
2 min read · 21 January 2013
