The Financial Accounting Standards Board in the US will improve its guidance on fair value and its disclosure standards, following the Securities and Exchange Commission’s suggestion.
2 min read · 21 January 2013
Nation-wide job losses and increasing supply will hurt the office sector in 2009, according to Foresight Analytics. Some of the worst affected cities include Riverside-San Bernardino, in Southern California, and Charlotte, North Carolina.
2 min read · 21 January 2013
The German government is reportedly taking legislative action which could force a consortium led by US firm JC Flowers to sell its 24 percent stake in stricken Germany-based commercial real estate lender, Hypo Real Estate.
1 min read · 21 January 2013
PERE Forum: Asia 2009. Jonathan Brasse reports on the top ten issue that came out of the conference.
3 min read · 21 January 2013
Dubai International Capital and Dubai Group have been placed into the same holding company, while the debt-laden emirate has also combined back office functions for its three real estate entities.
2 min read · 21 January 2013
Shake-up as Morgan Stanley’s New York-based global head of real estate investments is placed on ‘administrative leave’ with no date to return to his post. Owen Thomas, head of Morgan Stanley Asia, has taken over the role in the meantime, according to reports.
2 min read · 21 January 2013
Just $435bn was invested worldwide in commercial property in 2008, according to Cushman & Wakefield, down 59% from $1tn in 2007. Those figures are expected to fall again in 2009. Emerging markets were the most resilient though – with China now the world's second most popular country for investment.
2 min read · 21 January 2013
Some of the world’s biggest private equity firms – including KKR, Blackstone, Carlyle, Permira, Providence, Apax and Apollo – have committed to consider environmental, social and corporate governance issues when making investments.
3 min read · 21 January 2013
The publicly traded alternatives manager reportedly cut around 100 jobs towards the end of 2008, as its share price was hitting an all-time low.
1 min read · 21 January 2013
The real estate investment firm has hired Sharon Ann M Miller to lead the firm’s investor relations activities. It comes on the back of promoting David Streicher to partner and Jennifer Levy as CFO.
1 min read · 21 January 2013
