The real estate arm of the Qatar sovereign fund has teamed up with Voyager Partners to become the largest shareholder in the hotel group taken private by Kingdom Holding Company and Colony Capital for $5.5bn in 2006.
2 min read · 24 January 2013
Brookfield Asset Management has increased its stake in Songbird Estates, the majority-owner of London’s Canary Wharf, after buying shares from Canadian pension fund, Ontario Teachers.
1 min read · 24 January 2013
Four days after his glider crashed into a lake near the Moroccan city of Rabat, the body of ADIA’s managing director, Sheikh Ahmed bin Zayed Al Nehayan, has been recovered. Reuters has reported a "succession plan" has been set and will be announced in the coming days.
2 min read · 24 January 2013
Sheikh Ahmed bin Zayed Al Nahayan, managing director of the Abu Dhabi Investment Authority, has reportedly gone missing after a glider he was in crashed in Morocco on Friday.
2 min read · 24 January 2013
The European shopping centre developer, 75 percent owned by Morgan Stanley, has sold 15% of its assets to fellow Dutch property company, Corio.
2 min read · 24 January 2013
Federal investigators are looking into possible illegal payments made to influence investment decisions at US pensions, including to placement agents.
1 min read · 24 January 2013
Shuaa Capital Saudi Arabia, a subsidiary of Dubai-based Shuaa Capital, has completed a land acquisition on behalf of its Shuaa Hospitality Fund. According to an announcement by the firm, the deal is the “first of its kind” in the country.
1 min read · 24 January 2013
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
