Property manager Guy Morrell has taken the post, leading the business in the UK and MENA region.
1 min read · 22 January 2013
Argo Real Estate Opportunity Fund, which invests in Central and Eastern Europe, has obtained debt finance from a Cyprus bank for the first phase of a shopping center project in Ukraine.
1 min read · 22 January 2013
The addition of Simon Samuels, head of Morgan Stanley’s UK real estate loan origination business, is one of two new hires at the London firm as it also reveals the acquisition of several London pubs and the sale of a West End office investment.
2 min read · 22 January 2013
Madrid-based infrastructure and real estate developer Accion is selling a 75 percent stake in its funeral services company, valuing the business at €330m.
1 min read · 22 January 2013
Investors from outside Europe, including private equity real estate firms, could be affected by an amendment to Germany's Foreign Trade Act approved today. The ruling is aimed at sovereign wealth funds but lawyers say it complicates private equity-style investing.
2 min read · 22 January 2013
The international property investor is seeking to raise $350m for a US opportunity fund and more than $200m for a vehicle targeting both the US and Europe.
2 min read · 22 January 2013
Former IBM chief Louis Gerstner will step down as the global private equity and real estate firm’s chairman after five years. He will remain a senior advisor to the firm’s Asia, Europe, Japan and US buyout funds.
2 min read · 22 January 2013
The troubled London investment bank and property investor is putting more than 200 investment properties up for sale. Administrative receiver BDO Stoy Hayward says it has received several hundred enquiries from interested purchasers.
1 min read · 22 January 2013
The private equity-backed company, Mrs Fields Famous Brands, plans to file for Chapter 11 as declining consumer spending in the US takes its toll. The shopping mall-centred company's Mrs Fields and TCBY franchise stores have suffered closures since 2004.
2 min read · 22 January 2013
The San Francisco private equity firm has purchased a majority interest in the Italian restaurant chain from casual dining operator Brinker International. Brinker will retain a 19.9% stake in the chain, which it had been shopping for nearly a year.
1 min read · 22 January 2013
