David Simon Passes Away After Battle with Cancer
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June 5, 2002 TORONTO, Ontario – GE Capital Real Estate has named Katherine Lee managing director, Canada, for its North America debt business.Lee's promotion is part of a reorganization of the company's real estate debt business to make it more ...
May 21, 2002 PARADISE ISLAND, The Bahamas – Sun International Hotels Limited (NYSE:SIH) is planning to change its name to Kerzner International Limited.The change, expected to take place by July 1, will mean the resort company's stock symbol will change ...
The hotel deal is backed by a loan on former Thistle Hotel properties in the U.K. that were purchased in March. The other, called Dionysus, involves the major French electricity company and 56 properties it is selling off.
May 9, 2002 LONDON – Hines is launching its first London office development project, a 120,000-square-foot redevelopment of The Salvation Army's international headquarters. Hines is taking a long leasehold interest in two thirds of the site at 99-101 Queen Victoria ...
April 18, 2002 Deutsche Bank and the Australia and New Zealand Banking Group are issuing two more tranches of notes to supplement last year's Mirvac Capital Pty. Ltd 2001-1 deal, an Australian dollar-denominated deal originally A$500 million (US$266 million) in ...
March 27, 2002 CALGARY, Alberta – TGS Properties Ltd. (TSE:TGP.TO) is reviewing alternative corporate structures as a way to enhance shareholder value and has hired RBC Capital Markets, Deloitte & Touche LLP and Felesky Flynn LLP to help in the ...
The 957.9 million euro Real Value One deal, issued by Westdeutsche ImmobilienBank, has collateral denominated in several currencies. Two more similar transactions are in the works.
February 27, 2002 Deutsche Asset Management has combined its various real estate investment management platforms into one operation, DB Real Estate, that is headed by Richard M. Gunthel.The six platforms, which provide investment management services to clients in Australia, Germany, ...
February 5, 2002 PORT WASHINGTON, N.Y. – Homburg Invest Inc., a Canadian investment firm, has acquired 150,000 shares, or almost 22 percent, of Cedar Income Fund Ltd. (Nasdaq:CEDR).Frank Matheson, secretary of Homburg Invest and the president and chief executive of ...
December 21, 2001 A joint venture between New Valley Corp. (Nasdaq:NVAL) and Apollo Real Estate Investment Fund III LP has sold an office property and developable land in Moscow for about $42 million.The venture, Western Realty Development LLC, sold the ...
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