Privately owned property company Grosvenor, has appointed Jeffrey Weingarten as the new chief executive of Grosvenor Fund Management, succeeding outgoing Stuart Beevor.
Privately owned real estate and entertainment company, the Trump Organisation, has announced plans to enter the Indian property market with a luxury residential tower in the city of Mumbai.
Residential property deals of more than $20 million remain buoyant, but family offices are steering clear of commercial real estate reports David Bain.
The property group controlled by Robert and Vincent Tchenguiz, the Rotch Property Group, recorded a £25 million loss in its last financial year, according to a report in the Financial Times, which cited Companies House filings.
One of the consequences of the financial crisis is that lenders are now scrutinising their security (ie assets earmarked for a lender by a borrower as part of a loan deal when lending and borrowing money) more carefully, writes Max Cole
Exor, the holding company of Italy’s Agnelli dynasty, has announced that it plans to invest €100 million in Almacantar, a new company specialising in the commercial property market.
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