Bridget O’Connell
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Pardoe leaves Goodman UK
Goodman’s UK managing director, Graham Pardoe, has left the group after just 10 months in the job.
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RBS’ Brown to join Blackstone
Lorna Brown is leaving the Royal Bank of Scotland to join US private equity firm Blackstone.
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RBS trims £1.3bn non-core assets
RBS has shaved a further £1.3bn from its non-core real estate assets in the third quarter of this year.
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Property Funds Research: Adversity makes a comeback
After enjoying a partial recovery from the decimation of 2008-09, the past year has seen a return to tough times for fund managers
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IPD: Total returns in Q3 fall to 1.8%
Slowing capital value growth did not deter investors from UK property in Q3 according the IPD.
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JLL Q3 profit dips to $34m
Jones Lang LaSalle has posted a global net profit of $34m (£21m) for Q3 2011
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Frogmore buys into Centre Point
Fund manager Frogmore has formed a jv with Mike Hussey’s Almacantar to take a 25% stake in London’s Centre Point.
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Property lending down 22% to £188bn
Lending to real estate has dropped to £188bn – a 22% decrease on levels seen a year ago.
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CBRE completes ING deal
CBRE has completed its $900m purchase of ING Real Estate Investment Management.
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Deutsche Bank changes tack on European CMBS
Deutsche Bank is exploring the securitisation of high-yielding loans after widening credit spreads scuppered its pipeline of prime deals.
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PropertyMatch trades grow after European expansion
PropertyMatch, the secondary trading portal for units in unlisted real estate funds, has recorded a 75% increase in the value of trades
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Bundesbank ends Lehman’s Excalibur reign
German central bank deal streamlines €2.9bn property debt sale