The private equity real estate fund has closed its first institutional property vehicle focused on developments in emerging markets of Asia and Eastern Europe. The fund is almost 90 percent invested, mainly in Russia and Turkey.
1 min read · 22 January 2013
The real estate investment arm of ING, a Dutch insurance group, has revealed it will reduce its UK headcount by 20% in a bid to cut costs.
1 min read · 22 January 2013
Governments will increasingly rely on defining performance standards for PPP contracts using the social outcomes they produce, such as safety, instead of ‘micromanaging’ how those outcomes are arrived at, according to Michael Gerrard, deputy chief executive officer of Partnerships UK.
2 min read · 22 January 2013
The subsidiary of property investment firm, aAIM Group, has gone into administration. aAIM Limited has been renamed JCCO.
2 min read · 22 January 2013
The private equity real estate firm is to develop a large shopping centre in a region south of Bratislava. The investment is being in part through Quinlan's €400m European Strategic Real Estate Fund. The centre will cover up to 90 hectares.
1 min read · 22 January 2013
President-elect Barack Obama's choice for transportation secretary could determine the level of private sector participation in public infrastructure financing, according to a presentation by David Gribbin at the California Infrastructure Summit.
2 min read · 22 January 2013
The listed buyout firm is will eliminate 100 jobs, mostly in back-office functions such as human resources and marketing.
2 min read · 22 January 2013
Chris Rolling and Ashley Unwin will lose their jobs following a cash infusion at the troubled music group.
2 min read · 22 January 2013
The German retail property investment company has cut all ties to its former parent company changing its name to Treveria. It also has taken all asset management in-house, saying was time for Treveria to ‘focus on prudent cash management’ as it nears the upper limits of its LTV covenants.
2 min read · 22 January 2013
The global buyout firm will eliminate 100 of its 1,000 employees as the firm tries to adjust to contractions in global financial markets. It will also shut its Menlo Park office.
2 min read · 22 January 2013
