Jonathan Brasse
Jonathan Brasse is the Senior Editor, Real Estate for PEI Media’s real estate publications. He oversees the editorial output and leads the reporting team behind the sector-leading private real estate publication PERE as well as Real Estate Capital, the group’s real estate credit markets publication. Jonathan joined PEI in 2009 from UK commercial property magazine Property Week where he oversaw international news and analysis coverage.
Hudson Advisors Europe, the European arm of the mortgage special servicing platform previously described as the “factory” of Dallas-based Lone Star, has added to its offices in Munich and Frankfurt with an office in London.
How the market reacted to Dubai World's decision to seek a six-month standstill on its debt. PERE Magazine December 2009-January 2010 issue
The state-owned ports and real estate conglomerate at the centre of Dubai’s current economic crisis has announced it is focusing the restructuring of its debt obligations towards itself and its real estate subsidiaries Nakheel and Limitless. It also confirmed that asset sales could form part of the process.
In a statement released today, Abdulrahman al-Saleh, director general of Dubai’s department of finance, distanced the financial position of the state from the debts of Dubai World, a ports and real estate investment conglomerate it owns.
The National Pension Service of Korea has agreed to buy HSBC’s headquarter building in London’s Canary Wharf in what will be one of the biggest single asset transactions of 2009.
Fresh from a $1.3bn fund close, the private equity firm has backed a start-up real estate investment firm led by former Lend Lease Europe chairman Nigel Hugill.
AEP Investment Management, the Singapore-based real estate investment management firm, has co-launched a global investment company aimed at buying data centres with Keppel Telecommunications & Transportation
Rockspring Property Investment Managers has completed its first deals for its London-focused separate account with the National Pension Service of Korea.
Advent has teamed with real estate investor Marcol for what the firms say is Germany’s largest private equity deal this year.
Though there are some obvious signs of distress in Dubai, there are not enough reasons to form an opportunistic investment strategy for the emirate. By Jonathan Brasse. PERE magazine, November 2009.