All articles by Lucy Scott – Page 5
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Online
South Korean pension fund buys £393m office building
South Korea’s National Pension Service (NPS) has invested A$685m (£393m) in a Sydney office building, in what is thought to be one of the largest Australian property deals in two years.
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Belgian government buys €139.5m office complex
Belgian property developer Immobel has sold its Forum office complex to the Belgian government for €139.5m.
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RREEF buys “world’s best office”
RREEF Investment had bought Unilever Haus in Hamburg, which was last year named the “World’s Best Office” at the World Architecture Festival.
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New York's Freedom Tower for sale
New York’s Port Authority is selling a stake in Ground Zero’s Freedom Tower.
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Evans Randall makes Moscow debut with €180m deal
Investment bank and private equity group Evans Randall has completed its first deal in Russia with the purchase of Moscow’s Silver City, a prime office complex for around €180m.
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ING finds replacement for Maas
ING has appointed Hein Brand as general manager of its real estate development division, taking over from Menno Maas, who leaves the firm at the end of January.
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Insight
Goodbye Dubai
Property Week Global editor Lucy Scott investigates how the emirate's shimmering facade has been tarnished beyond recognition
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Orion thanks stars for €280m of new equity
Fund manager raises €1.28bn for vehicle to target UK and Spain
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What to know: Investing outside the UK
Pressure on UK assets as a result of demand from overseas funds has caused prices to rise. UK investors are consequently turning their attention abroad
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JER lays off directors in further reshuffle
US fund manager makes Chamieh, Merchant and Hancock redundant
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Menno Maas to leave ING Real Estate Development
Menno Maas has stepped down as CEO of ING Real Estate Development.
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Insight
Global view: Lucy Scott
The streets of San Francisco are perfect backdrop to US real estate rollercoaster
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Nakheel in talks with parent over $3.52bn bond
Dubai property developer Nakheel is in talks with its parent company about a $3.52bn Islamic bond that matures next month.
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From Sheffield to Shenzhen
Kevin McCabe was among the first UK property entrepreneurs to see China’s potential for growth
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A rice-to-riches tale
When rice farmer Yang Guoqiang created Chinese developer Country Garden in 1997, he was one of a new generation of tycoons that benefited from the liberalisation of the country’s property market
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Money pours west
Asia-Pacific’s cash-rich investors are sizing up the west’s distressed property markets
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West meets east
Established cross-border investors are flocking into Asia-Pacific’s rapidly recovering property markets. Over the next seven pages, Lucy Scott talks to institutions about the markets they are targeting
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Back in the black: CBRE and JLL return to profit in third quarter
Asia-Pacific leads recovery for both firms
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‘Worst is yet to come’ for America’s beleaguered real estate markets
Report by ULI and PricewaterhouseCoopers finds that conditions are expected to deteriorate