All news

In the front line of funds best practice

Mon, 30/08/2010 - 11:08

Ifina’s organisation in June of a networking evening at BVI House in London, featuring speakers representing the global hedge fund industry and the funds sectors in the British Virgin I »

The continuing evolution of Ucits in Ireland

Mon, 30/08/2010 - 10:52

Market commentary and discussion on the merits and limitations of alternative Ucits funds continue to generate considerable interest for hedge fund managers and their investors. »

Are you ready to capitalise on convergence?

Mon, 30/08/2010 - 10:45

Due to the combination of bruising market losses, high correlation among asset classes, unexpected illiquidity and epic scandals, the investment management industry faces a restless, empowered investor base. »

Jan Hommen, chief executive of ING Group

ING to sell stake in Canadian property portfolio

Mon, 30/08/2010 - 10:29

ING has agreed to sell its 50 per cent stake in ING Summit Industrial Fund, a Canadian light industrial property portfolio, to a joint venture between KingSett Capital and Alberta Investment Management. »

D. M. (Rusty) Moore, Jr., Housing Recovery Fund of America

Housing Recovery Fund of America is formed

Fri, 27/08/2010 - 09:17

The Housing Recovery Fund of America has been formed to establish a real estate investment fund that invests in single and multifamily residential real estate across the US. »

CMS Hasche Sigle advises Accor on sale and leaseback of 48 hotels

Fri, 27/08/2010 - 05:28

The Accor Group and its subsidiary Accor Hotellerie Deutschland have sold 48 hotels in Germany, France and Belgium and leased them back again. »

Just 24 per cent commit to private real estate fund in first half

Fri, 27/08/2010 - 05:09

Less than a quarter of private real estate fund investors made a commitment in the first half of 2010, research by Preqin shows. »

Broadstone Net Lease acquires two properties

Fri, 27/08/2010 - 05:05

Broadstone Net Lease has completed two acquisitions of triple net-leased properties for a combined purchase price of USD13.9m. »

ING UK Real Estate Income Trust transfers Rugby Reit assets

Thu, 26/08/2010 - 15:07

ING UK Real Estate Income Trust has entered into intergroup transfer arrangements for Rugby Real Estate Investment Trust, whereby the Rugby Reit assets will be held within Guernsey domiciled companies in a more tax efficient manner. »

Mark Allan, chief executive of The Unite Group

Unite Group NAV per share up by eight per cent

Thu, 26/08/2010 - 14:24

The Unite Group, a UK developer and manager of student accommodation, has reported an increase in its adjusted fully diluted NAV per share of eight per cent to 286 pence for the first half of 2010. »

Anrev database reaches 46 per cent GAV coverage of Asian funds universe

Thu, 26/08/2010 - 14:23

The number of non-listed real estate funds captured by the Anrev Asian Vehicles Database reached 84 representing USD60bn gross asset value in the first six months of 2010. »

Henderson extends GBP560m Central London Office Fund I

Thu, 26/08/2010 - 13:18

Henderson Global Investors has extended its GBP560m Central London Office Fund I until December 2015. »

Aima to engage with US authorities on Dodd-Frank Act implementation

Thu, 26/08/2010 - 13:09

The Alternative Investment Management Association is to engage with US policymakers and supervisors over the implementation of the Dodd-Frank Act. »

John Mark Ramsey, Servant Healthcare chief executive

Cornerstone Healthcare Plus Reit acquires USD14.75m rehab facility

Thu, 26/08/2010 - 11:36

The Cornerstone Healthcare Plus Reit has acquired an inpatient rehabilitation facility for a purchase price of USD14,750,000. »

Waterman Interests acquires leasehold interest secured by 400 Park Avenue

Thu, 26/08/2010 - 11:02

Waterman Interests, a privately-held commercial real estate investment and operating company, has acquired the leasehold interest secured by 400 Park Avenue, a class A 21-story office and retail building located in Midtown’s Plaza district, New York. »

Mark J. O'Brien, Walter Investment's chairman and chief executive officer

Walter Investment Management to buy Marix Servicing

Thu, 26/08/2010 - 10:09

Walter Investment Management, an asset manager, mortgage servicer and mortgage portfolio owner, has entered into a definitive agreement with Marathon Asset Management to purchase Marix Servicing, a mortgage servicer. »

Gerard H. Sweeney, president and chief executive officer of Brandywine Realty Trust

Brandywine makes preferred investment in Commerce Square

Thu, 26/08/2010 - 05:18

Thomas Properties Group and Brandywine Realty Trust have agreed to establish a partnership to own Commerce Square, located at 2001 and 2005 West Market Street in Philadelphia, Pennsylvania. »

Håkan Valberg, senior vice president and general manager, Advent Software EMEA

Saudi start-up opts for Advent

Thu, 26/08/2010 - 05:05

United Financial House has selected Advent Portfolio Exchange, Advent Software’s portfolio and client relationship management solution, Moxy trade order management system and Advent Tradex fund order management solution. »

Leonard Sahling, first vice president of the ProLogis research group

Vacancy rate in N. American distribution space drops to 10.2 per cent

Wed, 25/08/2010 - 15:10

The overall vacancy rate for the US and Canadian bulk distribution space across the top markets edged down to 10.2 per cent during the second quarter of 2010 from 10.4 per cent in the first quarter of 2010, after having been virtually flat during the two previous quarters. »

Chatham Lodging Trust acquires two hotels

Wed, 25/08/2010 - 13:09

Chatham Lodging Trust, a hotel real estate investment trust, has completed the acquisition of two hotels as part of a previously announced four-hotel package. »