Announcing plans to save the investment bank from collapse, Lehman Brothers will separate its balance-sheet real estate assets into a new public company, as well as sell a 55 percent stake in an investment management unit that includes Lehman Brothers Merchant Banking and Lehman Brothers Real Estate.
3 min read · 22 January 2013
The US private equity firm is sticking with its core strategy of developing single assets in established markets by acquiring a site in the center of German city Dusseldorf.
1 min read · 22 January 2013
The addition of former Skanska Infrastructure Development chief Simon Hipperson comes as the firm continues to build its team amid a reported $10bn fundraising effort.
2 min read · 22 January 2013
The UK property investment manager with a newly created special situations fund has hired Phillip Rodger to become head of asset management.
1 min read · 22 January 2013
The £132.5m sale comes as the UK’s Competition Commission is threatening to force the Spanish infrastructure investor to sell three airports owned by British Airport Authority, which it acquired in 2006.
2 min read · 22 January 2013
Bob Stefanowski, a 14-year General Electric veteran who most recently headed the firm’s European corporate finance division, will lead 3i’s push into North American growth and infrastructure investments.
2 min read · 22 January 2013
The US investor has created a new post for Michael Bryant to lead the firm's increased investment in European and Asian real estate debt, which it sees as a "crucial part" of the growth of its business.
2 min read · 22 January 2013
The McLean, Virginia-based firm has swooped on GE veteran Karim Habra as well as Christopher Zeuner and Petr Kosar to boost activities in Central and Eastern Europe.
2 min read · 22 January 2013
Investors should look beyond ‘volatile’ short-term concerns in Europe and focus on longer-term issues such as economic growth, liquidity and risk-adjusted performance, according to a report by UK real estate fund manager, Invista. Germany, it said, was one of the most attractive locations.
2 min read · 22 January 2013
UFG, a Moscow-based real estate investment firm, says it has made aggregate net IRRs of 71 percent from exiting four plots of a large-scale development project near St. Petersburg.
1 min read · 22 January 2013
