Karl Tomusk
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Promotions at Madison
Madison International Realty has named managing directors Carey Flaherty and Derek Jacobson as co-chief investment officers
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Profits up for LSL
LSL Property Services has reported a 58% growth in operating profit in 2016, with revenues up by 2% to £307.8m
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Standard Life and Aberdeen’s mega merger- what it means for property
ANALYSIS: The mega-merger between Standard Life and Aberdeen Asset Management would create a global property portfolio with more than £40bn in AUM, but what do the parties stand to gain?
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MBO at Estate Office Property Consultants
Estate Office Property Consultants has completed a management buy-out of its founding directors, Nicholas Cowell and Adrian Levy
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Residential Land to sell Peony Court, SW10
Residential Land has put Peony Court in Chelsea, SW10, on sale with an asking price of £40m – reflecting a yield of 3.35%
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Moda and Apache buy Edinburgh PRS site
Moda Living and Apache Capital have bought a site in the Fountainbridge build-to-rent village in Edinburgh
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Agent Provocateur sells to Mike Ashley’s Four Holdings
Sports Direct’s Mike Ashley has bought Agent Provocateur after the luxury lingerie brand went into administration today
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European funds bounce back
European non-listed real estate funds rebounded after a slow third quarter, with overall returns up from 1.1% to 2.6%
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AXA Investment Managers ups CoRE Europe Fund
AXA Investment Managers – Real Assets has raised €800m (£685m) for the open-ended pan-European real estate fund it launched last year.
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JLL unveils Neil Murray as head of EMEA corporate solutions
JLL has appointed Neil Murray as chief executive of its EMEA corporate solutions business.
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OMERS returns 12.4%
Canadian pension fund OMERS reported a 12.4% net return on real estate in 2016, short of the 15.3% returned in 2015
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pbb loan to finance new logistics development
Pbb has agreed to provide a €147m (£126m) loan to Prologis UK Logistics Venture, the £1bn joint venture between Prologis and CBRE Global Investment Partners.