The London-based financial services firm has teamed up with ex-Kenmore executives Andrew White and Will Hean, and the Qatari Al Attiya family, to launch Matrix Property Middle East, which is expected to target a $300m fund.
1 min read · 24 January 2013
Former JER Partners head of acquisitions in Europe, Bill Hancock, and director, Robert Kingsmill, have launched Resolute Asset Management, a new firm offering asset management and consultancy services in Europe.
2 min read · 24 January 2013
Mark Burton is to retire as the chief investment officer of sovereign wealth fund Abu Dhabi Investment Council after three years in the role. Burton is expected to conclude his tenure at the fund before June.
2 min read · 24 January 2013
PERE recently spent a week in Dubai and Abu Dhabi gauging investment market sentiment after the economic crisis in the region at the end of 2009. Four real estate professionals of different disciplines offered their perspectives on development opportunities and the flow of capital in the region. PERE Magazine, March 2010 issue.
2 min read · 24 January 2013
Improved access to the estimated $1tr Shariah-compliant pool of capital in the MENA region may spur more firms to switch to Islamic private equity funds.
2 min read · 24 January 2013
Al Rajhi Capital, the investment banking subsidiary of Saudi Arabia’s Al Rajhi Bank, has joined forces with Bahrain-based investment house Arcapita Bank to invest in real estate sectors including warehousing and healthcare.
2 min read · 24 January 2013
The Hong Kong-based firm's focus on Dubai continues with the launch of a fund to 'support sustainable businesses connected to Dubai as a trading, logistical and financial centre'. The fund will target hospitality.
2 min read · 24 January 2013
Qatari Diar – fully owned by the emirate of Qatar – has become the second-largest shareholder in French construction company Vinci with a stake of between 5% and 8%. In exchange, Vinci acquires 100% of service provider Cegelec, which is set to add some €3bn in revenues to the French group.
1 min read · 24 January 2013
PERE’s Jonathan Brasse reports from the world’s tallest building, the Burj Khalifa in Dubai.
3 min read · 24 January 2013
A debt-for-equity swap has given the Connecticut-based firm a substantial stake in the former New York Times headquarters. The building was purchased in 2007 by Africa Israel USA, the stateside subsidiary of billionaire entrepreneur Lev Leviev’s real estate investment firm
2 min read · 21 January 2013
