Bridget O’Connell
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Clarke to leave Hermes
Rupert Clarke is stepping down as chief executive of Hermes Fund Managers.
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Deutsche considers RREEF sale
Deutsche Bank is conducting a strategic review of its £443bn global asset management group which could lead to the sale of RREEF.
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Patel leaves Axa Real Estate after 11 years
Kiran Patel is leaving Axa Real Estate after 11 years with the company.
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Occupancy rise for Big Yellow
Big Yellow reports a stronger-than-expected hike in occupancy in its half-year results released this morning.
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Opco-propcos unlikely to secure refinancing
Most legacy opco-propco real estate structures are unlikely to secure refinancing in their current form.
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Lazard joins Gemini workout
Borrowers of around £1bn of securitised debt secured have appointed Lazard & Co as an adviser.
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Workspace works up 1.4% NAV rise
Workspace posts 1.4% increase in its net asset value per share to £2.90 for the six months ended 30 September
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SocGen looks to exit UK property lending
Société Générale suspends new UK and European property lending as eurojitters force it to cut real estate exposure
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Aitchison leaves ING REIM in wake of merger
Former UK chief executive turns down ‘key role’ in new business
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Savills ‘reducing presence and costs’ in Europe
Savills is to further reduce its ‘presence and cost base’ in Europe as activity in the region remains subdued
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GFM names new US bosses
Grosvenor Fund Management has appointed Andrew Galbraith and Alexia Gottschalch as joint chief executives in the US
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ING REIM UK chief Aitchison steps down
Kevin Aitchison, chief executive of ING REIM UK, will leave the company at the end of November.