Matthew Ryall is joining the German insurer to head up its multi-fund strategy. The appointment comes one week after Allianz unveiled Olivier Piani as its head of real estate.
1 min read · 22 January 2013
Marianna Nitsch, general counsel for GE’s French business, has been promoted to general counsel for Europe following the appointment of Thierry Leleu to European managing director of the firm’s new investment management division.
1 min read · 22 January 2013
Global Investment House has raised $500 million for its London Stock Exchange-listed fund focussed on financial sector assets in Middle East and North Africa.
1 min read · 22 January 2013
The US’ largest union of long-term care workers, the Service Employees International Union, launched its ‘global day of action’ today targeting KKR, its portfolio company Toys R Us and pension funds and politicians in support of the buyout industry. Unite, the largest union in Britain, also joined the cause.
2 min read · 22 January 2013
The final hurdle to Citi Property Investors and Gazit-Globe investing up to €800 m in Vienna-listed European developer Meinl European Land has been cleared after resolutions were passed today at an extraordinary general meeting. Meinl will change its name to Atrium European Real Estate.
1 min read · 22 January 2013
The US industrial property developer and investment firm has promoted Ralf Wessel from senior vice president of the European fund and capital markets to take responsibility for all new fund products and investor relations. Simon Nelson, European fund management executive, is stepping up to replace Wessel.
1 min read · 22 January 2013
LaSalle Investment Management acquires three office properties in Germany as the firm continues to expand its presence in Europe. It recently opened an office in Milan and created a special situations team in Europe.
1 min read · 22 January 2013
As REITs in the US and Japan look increasingly stressed, the chief executive of LaSalle’s Asia Pacific securities division argues there are growing opportunities in Australia’s listed property sector as the industry feels the impact of the credit crunch.
2 min read · 22 January 2013
The Somerfield supermarket chain, which was acquired by a consortium led by Apax Partners and Barclays Capital in 2005, has been sold to the Co-operative on a cash-free, debt-free basis.
2 min read · 22 January 2013
BDO Stoy Hayward has seized as collateral almost £1bn of privately-owned property belonging to the troubled London-based investment firm Dawnay, Day.
2 min read · 22 January 2013
