Jonathan Brasse
Marco Ho, chief financial officer of Citi Property Investor in Asia, becomes the latest senior executive to leave the business as the sale by Citigroup continues to drag on.
The New York based private equity firm is to reduce its $20 billion debt position on the 2007 purchase of a large Hilton hotels portfolio by $4bn, according to court papers seen by Bloomberg.
Major changes in the fundraising industry continue with Evercore’s purchase of an eight-person private placement team from the former Lehman division.
Larry Ellman, Citi Property Investors’ head of North American investments, has quit the firm as its sale enters the final week. Ellman's responsibilities now fall to CPI's asset management head, Robert Scoville.
The Tokyo firm hopes to turn the largest Japanese single-asset deal, Pacific Century Place, into a perfect leasing play. PERE Magazine, February issue
Why Bank of America Merrill Lynch’s decision to shelve the sale of its Asia real estate platform makes sense. PERE Magazine, February issue 2010
The sale of Citi Property Investors would mean different things depending on which of the short-listed buyers wins the race to buy the platform. PERE illustrates some pros and cons of each bid.
David Jackson has resigned just over one month after the embattled state-owned conglomerate underlined its support for the company.
The software and technology-focused private equity firm has carved out Intuit real estate business IRES.
PERE’s Jonathan Brasse reports from the world’s tallest building, the Burj Khalifa in Dubai.