All news

Mark T. Alfieri, chief operating officer of Behringer Harvard Multifamily Reit I

Behringer Harvard acquires luxury multifamily community in San Francisco

Sun, 08/08/2010 - 15:01

Behringer Harvard has acquired Acappella Apartments, a mid-rise multifamily community providing 163 apartment homes located three miles northwest of the San Francisco International Airport. »

TNP Strategic Retail Trust to acquire San Jacinto Esplanade, California

Sun, 08/08/2010 - 13:08

The board of directors of TNP Strategic Retail Trust, a publicly registered non-traded Reit that invests in grocery and drug-store anchored retail properties, has authorised the company to pursue the acquisition of San Jacinto Esplanade in California. »

Gerard H. Sweeney, Brandywine's president and chief executive officer

Brandywine acquires 53-story office tower in Philadelphia

Sun, 08/08/2010 - 11:09

Brandywine Realty Trust has acquired the leasehold interest in 1717 Arch Street, a 1,029,400 square foot, 53-story, class A office tower located in the central business district of Philadelphia from an affiliate of The Blackstone Group. »

Listed property stocks regain lost ground

Fri, 06/08/2010 - 05:12

In July 2010 global listed property stocks regained lost ground after returning 7.2 per cent as measured by the GPR 250 Index. »

Receivers appointed to unregistered property schemes following ASIC action

Fri, 06/08/2010 - 05:04

The Australian Securities and Investments Commission has moved to appoint receivers to an additional five unregistered property ventures associated with Melbourne company director Mark Ronald Letten. »

Cayman Finance rejects claims that low tax jurisdictions hurt US economy

Fri, 06/08/2010 - 05:00

The financial services industry in the Cayman Islands has rejected claims by a US business group that low or no-tax jurisdictions hurt the US economy because they encourage tax evasion. »

Paul Meader, head of portfolio management at Collins Stewart

Asset management activity growing in Guernsey, say industry members

Fri, 06/08/2010 - 05:00

The move by BlueCrest Capital Management, one of Europe’s largest hedge fund managers, to shift its headquarters from London to Guernsey has encouraged industry members who see signs that asset management activity in the island is set to grow. »

Metric invests GBP48m of net IPO proceeds

Thu, 05/08/2010 - 15:10

Metric Property Investments, a UK retail real estate investment trust, says approximately GBP48m of its net IPO proceeds have been invested or committed since flotation. »

Madison Williams launches placement and advisory group

Thu, 05/08/2010 - 14:58

Madison Williams, a capital markets and investment banking firm, has formed a placement and advisory group with fund placement veteran James J. McCarvill, Jr. »

Raymond Mould, London & Stamford Property

London & Stamford Property to admit shares to London Stock Exchange

Thu, 05/08/2010 - 13:33

London & Stamford Property, a closed-ended investment company incorporated in Guernsey, has agreed in principle to the application for admission of the company’s ordinary shares to the premium segment of the Official List and to trading on the Main Market of the London Stock Exchange. »

Behringer Harvard acquires luxury apartment community in Houston

Thu, 05/08/2010 - 12:41

Behringer Harvard has acquired Uptown Post Oak, a luxurious multifamily asset comprising 392 apartment homes in the Uptown district of Houston. »

Michael Emory, president and chief executive, Allied Properties Reit

Allied Properties Reit acquires office buildings in Calgary and Toronto

Thu, 05/08/2010 - 11:14

Allied Properties Reit has entered into an agreement to purchase the Lougheed Building in downtown Calgary for CAD31m. »

Chatham acquires Residence Inn Holtsville in New York

Thu, 05/08/2010 - 10:36

Chatham Lodging Trust, a hotel real estate investment trust, has completed its acquisition of the Residence Inn by Marriott - Long Island Holtsville, New York in an all-cash transaction for USD21.3m, or approximately USD172,000 per key. »

Edward Symmons appoints Ian Millington as asset finance manager

Thu, 05/08/2010 - 09:31

Edward Symmons, the property and asset consultancy, has enhanced its machinery and business assets services with the appointment of Ian Millington as asset finance manager. »

Standard Bank Jersey criticised for handling of Belgravia funds

Thu, 05/08/2010 - 05:03

Standard Bank Jersey and Standard Bank Fund Administration Jersey have been publicly criticised for their handling of the funds associated with the defunct Belgravia Asset Management. »

GlobeOp assets under administration rise by ten per cent

Thu, 05/08/2010 - 04:59

GlobeOp Financial Services, a provider of business process outsourcing, financial technology services and analytics to hedge funds and other sectors of the financial services industry, saw its assets under administration increase by ten per cent in the first half of 2010 to USD120bn. »