EM Search | Euromoney

BANKING

An inside view on property investment

Departing president of the British Property Federation Nick Ritblat in conversation with Peter Lee.

May 24, 2007

BANKING

German CMBS enjoys boom time

CMBS has been flying in Europe, nowhere more so than in Germany, which had a dramatic year in 2006. So fast did the market move that this year it is struggling to maintain such a relentless pace. Observers, though, believe there is still plenty of potential over the long term. Phil Moore reports.

May 24, 2007

BANKING

GE grows into the world’s biggest landlord

GE began acquiring real estate in earnest in the 1990s at the suggestion of its commercial lenders. It has acquired so much that it now derives 10% of its earnings from property. Jeffrey Immelt, GE’s chairman and chief executive, has an unexpected problem: if he does not want GE to be cast as a property company, he may need some nimble balance sheet management. Michael Pralle, GE Real Estate’s CEO, tells Peter Lee how it feels to own so much.

May 24, 2007

BANKING

Real estate investor profile: Morgan Stanley’s biggest calls

Morgan Stanley’s real estate investing business has grown explosively by backing its founders’ ballsy, counter-consensus calls in Germany, Japan, and hotels and developers in emerging markets. While the firm seeks to implant this can-do spirit into its other investing businesses, the real estate arm wants to continue its outperformance in tougher market conditions. Peter Lee reports.

May 24, 2007

BANKING

League tables and performance data

May 24, 2007

BANKING

A new market in convertible sukuks

Real estate convertibles are the hot ticket

May 24, 2007

BANKING

People moves: Lehman Brothers loses co-head of real estate

Raymond Mikulich, co-head of real estate at Lehman Brothers with Mark Walsh, is to leave at the end of the year. Mikulich and Walsh manage one of Wall Street’s best-performing real estate funds, whose investments include the Chrysler building and 1 Times Square. It is expected that Walsh will become sole head.

May 24, 2007

BANKING

People moves: Fidelity appoints new director of UK real estate

Fidelity has appointed Alison Puhar to its real estate senior management team as director of UK real estate. Puhar joins from Cordea Savills, where she was head of UK institutional pooled funds, her last step in a 15-year career in property fund management. In her new role, Puhar will lead Fidelity’s UK real estate business and be the principal driver of new property acquisitions in the UK.

May 24, 2007

BANKING

Bond Outlook May 23rd

While the Fed may be worrying about excess cheap credit, the Chinese may be doing something about it as they divert some of their investments to private equity.

May 23, 2007

Foreign Exchange

If you do believe it is important to deliver FX as part of a multi-asset solution, how will that leave the smaller, niche players?

Add your own comments, and read the views of: Zar Amrolia, global head of Foreign Exchange, Deutsche Bank; Roger Hawes and Martin Spurr, Royal Bank of Scotland; Richard Leighton, global head of FX at Standard Chartered; Chris Mandell, global head of FX at Bank of America. Expert FX comment by people in the know.

May 23, 2007

BANKING

Bond Outlook May 23rd

While the Fed may be worrying about excess cheap credit, the Chinese may be doing something about it as they divert some of their investments to private equity.

May 23, 2007

Opinion

The power of the pen

When the journalist becomes the story, it is not ideal. On Friday, I was in Paris to meet the delightful Grégoire Varenne, head of fixed income, currencies and commodities at Société Générale. Around 1pm as I was reading some briefing material, my mobile rang.

Abigail Hofman, May 23, 2007

Search results for