Germany’s Commerzbank has sold a €1.3 billion non-performing loan portfolio to Lone Star Funds and €3.7 billion of performing loans to US bank Wells Fargo, plus the entire operational real estate financing activities of its subsidiary Hypothekenbank Frankfurt in the UK.
2 min read · 28 August 2013
Établissement Retraite Additionnelle de la Fonction Publique has charged the real estate business of French insurer AXA with building it a core property portfolio over 10 years that complies with its socially responsible guidelines.
2 min read · 28 August 2013
London-based Internos Global Investors has held a second close for its Hotel Real Estate Fund I, with the equity coming from an all-German cast of investors and zero co-investment from the general partner.
2 min read · 28 August 2013
Not everyone is excited about the SEC lifting the ban on general solicitation. But despite some hurdles, it could be a boon to the industry in the long run.
3 min read · 28 August 2013
Only a small minority of financial executives at private equity real estate firms receive seven figures or more in total cash compensation, according to a survey presented by executive search firm Sousou Partners.
3 min read · 28 August 2013
The reform will allow private fund managers to advertise fundraising efforts under the condition they disclose more data to the commission.
2 min read · 28 August 2013
A presentation on tax reform and tax policy developments illustrated the multitude of issues facing property firms and investors, as well as the lack of movement on a number of proposed solutions.
2 min read · 28 August 2013
The UK property firm is set to pitch a $500 million investment club for luxury residential developments in China and Japan. PERE Magazine July/August 2013 issue.
1 min read · 28 August 2013
The country is the most sought-after Latin American real estate market for corporations seeking a more cost-effective alternative to Brazil, according to a new report from Cushman & Wakefield.
3 min read · 28 August 2013
European Long-Term Investment Funds will target unlisted assets across the European Union and hope to appeal to institutional and retail investors alike.
2 min read · 28 August 2013
