The European Parliament’s decision this week to hold firm on the incoming European Market Infrastructure Regulation (EMIR) was a kick in the teeth for Europe’s property managers. But, there’s still time to fight its stipulation that derivative trades must be cleared via a central counterparty.
3 min read · 18 January 2013
The New York firm has taken possession of an office building on Wall Street after buying a defaulted mezzanine loan from Prudential.
2 min read · 18 January 2013
Northwood, the firm headed by Blackstone’s former real estate chief, reportedly has paid $400m for the Manhattan luxury hotel.
1 min read · 18 January 2013
Former Prudential Real Estate Investors executive Robert Bilse has been appointed vice president of Brookfield’s private funds group, based in New York, supporting capital raising and marketing activities.
2 min read · 18 January 2013
The $236bn pension is planning to ban investment consultants from also acting as managers for the pension fund.
2 min read · 18 January 2013
The dark horse firm from New Jersey outbids PCCP for control of Capmark's $1.1bn debt fund.
1 min read · 18 January 2013
The US regulator plans on raising the net worth required of an investor in order for advisors to charge performance fees.
1 min read · 18 January 2013
Although management still sees the price as ‘financially inadequate,’ it has accepted the sweetened offer due to the company’s changing risk profile.
2 min read · 18 January 2013
The Dutch pension manager has agreed to sell its 12% stake in PEPR to ProLogis after the industrial giant sweetened its offer.
3 min read · 18 January 2013
The New York investment firm has won an auction alongside partner Chatham Lodging Trust to acquire 64 hotels from Innkeepers USA Trust, which filed for Chapter 11 bankruptcy protection in 2010.
1 min read · 18 January 2013