Robin Marriott

Adam Applegarth, who was chief executive of Northern Rock when it was saved by the UK government last year, is reportedly taking up an advisory role at Apollo Management.

Mikhail Prokhorov is not only buying control of the New Jersey Nets basketball team , but he will also take a stake in a development project related to the Nets’ future home.

The New York-based firm says it is ‘transitioning’ out of the property management business and will select third party managers instead.

Houston, Texas-based firm acquires a German company licenced to work through primary and special servicing for commercial mortgage backed securities.

Joint venture created with UK REIT, British Land, to own and further improve Broadgate next to Liverpool Street Station.

The global placement agent has joined the calls for the SEC to alter a proposed rule providing a blanket ban on soliciting US public pensions.

The US bank is reportedly selling the Shama Xujiahui serviced apartment block, an asset Morgan Stanley bought in early 2007.

PERE Magazine September 2009: So far this year, some opportunity funds for Russia have been launched, while others have been cancelled creating a confusing picture of investor appetite for the country. By Robin Marriott

Barry Sternlicht shows full confidence ahead of first-day trading of REIT Starwood Property Trust as the firm raises its target fundraise from $500m to $800m.

The Canadian pension CPPIB has teamed up with GIC Real Estate and a local property company to target Brazilian real estate.