Robin Marriott
The volume of real estate sales has increased this year as corporates struggle to access traditional sources of capital, according to a property report. Real estate services firm Jones Lang LaSalle says in its latest Global Real Estate Capital Report that 'sale and leaseback' transactions should reach $34bn by the end of the year.
Hank Paulson, US Treasury Secretary, said today buying troubled assets is not the most effective way to use TARP funds.
While fund managers have been busy raising distressed property vehicles, the bitter pill to swallow is that some LPs are unable to allocate equity to such funds at the moment, according to research by a prominent private equity real estate expert.
The New York-based firm is planning a final close of its latest European real estate vehicle in the New Year, according to a director of the firm speaking at a conference in London today.
The largest commercial property lender in Germany and one of the largest in Europe is merging its European structured finance team, likely to lead to 10 job losses.
JER Partners, the Virginia-based private equity commercial real estate investment division of JE Robert Companies, has hired David Merchant from London hedge fund Cheyne Capital to lead its new European debt business. As managing director, Merchant will report to European head Malcolm Le May, as well as Mark Weiss, president of JER's affiliate, Commercial Debt […]
The US firm has turned to a hedge fund partner to drive its debt investment in Europe. Like so many other private equity real estate firms, JER sees opportunity in filling the lending void.
The Expo Real property show in Germany has been rocked this afternoon by news that Georg Funke, chief executive officer of Hypo Real Estate, has been forced to resign with immediate effect.
The Expo Real property show in Germany has been rocked this afternoon by news that Georg Funke, chief executive officer of Hypo Real Estate, has been forced to resign with immediate effect.
The Expo Real property show in Germany has been rocked this afternoon by news that Georg Funke, chief executive officer of Hypo Real Estate, has been forced to resign with immediate effect.