More than $147bn of transactions took place in the last three months of 2009, supporting beliefs property markets worldwide could be enjoying a V-shaped recovery.
2 min read · 24 January 2013
CBRE Investors has replaced its president Thibault de Valence and directeur general Francois Lex, after the duo quit the firm to pursue “entrepreneurial opportunities”.
1 min read · 24 January 2013
Mall REIT Simon Property Group has reportedly held talks with the New York-based private equity firm about helping the buyout of stricken General Growth Properties
2 min read · 24 January 2013
The implosion of General Growth Properties is a highly choreographed, and controversial, phenomenon.
2 min read · 24 January 2013
A controversial provision that was removed from the AIFM Directive when Sweden held the EU presidency has been reinstated by Spain – prompting criticism from the Alternative Investment Management Association.
2 min read · 24 January 2013
The property group has mandated HSBC Mexico to act as fiduciary and help raise a $256m industrial fund focusing on investments in logistics platforms across Mexico City, Guadalajara and Monterrey. The new vehicle will target returns of between 13% and 16% and is expected to be fully invested in four years’ time.
1 min read · 24 January 2013
The global real estate and infrastructure firm has purchased a 2.9 million square foot portfolio, 60 percent of which is to be leased back by JPMorgan Chase.
1 min read · 24 January 2013
The US retail REIT has offered to pay $10 billion, including $9 billion in cash and co-investment capital from institutional investors, for its bankrupt rival General Growth Properties.
2 min read · 24 January 2013
Larry Ellman, Citi Property Investors’ head of North American investments, has quit the firm as its sale enters the final week. Ellman's responsibilities now fall to CPI's asset management head, Robert Scoville.
2 min read · 24 January 2013
Royal Bank of Scotland, the nationalised UK bank, reportedly lent around €1.9 billion to the US bank to acquire a package of 28 Germany assets in 2007
1 min read · 24 January 2013
