EXCLUSIVE: The Deutsche Bank platform which is today responsible for the investment bank’s real estate investments has seen its heads of Japan and China depart in the past two months, while previous departures in the region still have yet to be replaced.
In an effort to expand its senior team, newly formed Mack Real Estate Group has appointed industry veteran Barden Gale as vice chairman.
Former fund managers from Townsend and Partners have disclosed the focus of their new firm, which targets $5 million to $20 million deals.
.jpg "ANREV makes three appointments")
As the Asian real estate organization expands, Dalgleish has been named chief executive and Stewardson has moved to a consulting role.
.jpg "Doshi becomes APG’s head of non-listed RE in Asia")
Sachin Doshi’s rapid ascent through the ranks within the Dutch pension manager’s non-listed real estate team in Hong Kong sees him replace Daan van Aert as head.
At the PERE NY Summit, a panel of executives investing in niche real estate strategies explained how taking the path less traveled can be worth the risk.
PERE speaks exclusively to Rachel Renucci-Tan, founder of TAN-EU Capital, on her firm’s part in brokering the restructuring of troubled $1bn China-focused development fund, Trophy Property Development.
At the PERE New York Summit yesterday, the head of real assets at the New Mexico Educational Retirement Board faulted his fellow investors for failing to hold poorly performing managers more accountable for their mistakes.
Jack Chandler, head of global real estate at BlackRock, explained why the takeover of MGPA was a ‘lifetime event’ and also how global investors were looking to large asset managers to help find yield from alternatives during Day One of PERE’s New York event.
Juan Barba Silvela, head of Real Estate Owned assets at Spain’s ‘bad bank’ has said he is looking to structure more deals in joint venture with private equity firms to help realize the organization’s €50 billion of assets.