Jonathan Brasse
The Sydney-based developer and fund manager is reportedly expected to announce this week the launch of Lend Lease Real Estate Partners No 3 Fund.
Asia’s association for unlisted real estate vehicles will adopt the “ready-made” framework used by INREV, which will help the sector be more transparent and become better governed, according to Nick Loup, chairman of ANREV and chief executive officer of Grosvenor.
Hudson Advisors Europe, the European arm of the mortgage special servicing platform previously described as the “factory” of Dallas-based Lone Star, has added to its offices in Munich and Frankfurt with an office in London.
The continued growth of China and India means Asia is set to provide the greatest range of investment opportunities in 2010, according to a recent report by the Chicago-based property manager which also said the best opportunities in the UK have passed.
According to a survey by Debtwire, in association with Clifford Chance and Rothschild, 84% of respondents felt that real estate opportunities would increase next year, more than in any other sector.
Akkeron Group, the investment business formed by ex-global head of real estate and lodging at Citibank, James Brent, has launched a hotels investment business after purchasing Folio hotels’ assets.
How the market reacted to Dubai World's decision to seek a six-month standstill on its debt. PERE Magazine December 2009-January 2010 issue
The state-owned ports and real estate conglomerate at the centre of Dubai’s current economic crisis has announced it is focusing the restructuring of its debt obligations towards itself and its real estate subsidiaries Nakheel and Limitless. It also confirmed that asset sales could form part of the process.
In a statement released today, Abdulrahman al-Saleh, director general of Dubai’s department of finance, distanced the financial position of the state from the debts of Dubai World, a ports and real estate investment conglomerate it owns.
The Massachusetts Mutual Life Insurance affiliate has purchased the European RE platform from Smedvig Capital in a deal which results in a 58% IRR and an equity multiple of 6.2x for the London-based private equity firm.
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