This week’s new rules issued by China’s insurance watchdog the China Insurance Regulatory Commission on the investments of the country's $670 billion insurance sector have been long anticipated. But while the 10 percent real estate allowance announced has largely been received positively, some corners are cautious. By Jonathan Brasse
3 min read · 24 January 2013
Pershing Square and Winthrop will appeal a state Supreme Court ruling blocking their attempted foreclosure of the New York residential complex. Special servicer CWCapital sets auction date for 4 October.
3 min read · 24 January 2013
The initiatives are among several – including support of a state bill forcing placement agents to register as lobbyists – designed to ‘restore confidence, integrity and accountability’.
3 min read · 24 January 2013
Leading charity UNICEF has been in the frontline of helping children cope with the flooding in Pakistan. Find out how, by supporting the groundbreaking Marathon of Marathons, you can offer a lifeline to those in desperate need
3 min read · 24 January 2013
Investors eyeing the US should not expect outsized performance in the asset class, amid warnings a lackluster jobs market will dampen the country’s overall economic recovery.
2 min read · 24 January 2013
The directive – which could drastically impact non-EU managers – is in final stages of negotiations, according to the EU's markets commissioner.
3 min read · 24 January 2013
The $27.4bn endowment will keep eyeing secondaries sales and acquisitions, after reporting a 2.7% real estate loss in the past year. Real estate, though, would be one of the 'most interesting' opportunities over the next few years.
2 min read · 24 January 2013
If non-European real estate fund managers think the union's AIFM directive has nothing to do with them, think again. After stalling over the summer, the directive is in the final stages of negotiations.
2 min read · 24 January 2013
In restructuring the leadership of the Atlanta-based development and investment firm, the founders of Portman Holdings have promoted Baisiwala to CEO and Richard Jones to COO.
1 min read · 24 January 2013
The firm has named former partner at Pegasus Capital Rodney Cohen as head of its new US Equity Opportunity team, which will specialise in investments of up to $150m.
1 min read · 24 January 2013
