An updated valuation of Glenn Maud’s Gemini portfolio has come in at 61% less than its £1.2bn peak value.
Property investment company Picton Property Income has completed its management internalisation.
Grosvenor Fund Management has appointed Dietrich Heidtmann as managing director of client services for the EMEA and Asia Pacific regions.
Harin Thaker has resigned from pbb Deutsche Pfandbriefbank.
Patron Capital has bought Motor Fuels Group in a jv with a new management team backed by Alasdair Locke
Persimmon has appointed Grosvenor group chief executive Mark Preston as a non-executive director.
Housebuilder Persimmon has announced it expects a 50% hike in its full-year pre-tax profits.
Orchard Street Investment Management increased assets under management by £800m to £2.5bn
Chalkhill Partners has boosted its European real estate loan origination team, adding two further members.
Special servicers are under increasing pressure as the volume of maturing European securitised debt reaches record levels.
Fund eyes €350m of assets after oversubscribed second close makes €90m
Lone Star completes purchase of the £900m Project Royal loan book from Lloyds Banking Group