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...Munich Re’s main insurance business Ergo provided about €700mn in loans, while Germany’s fourth largest insurance group R+V lent €500mn, more than half of which is not collateralised, according to the documents...
...It is also the biggest fund ever raised by Brookfield, which manages $850bn across sectors spanning real estate, credit and insurance, renewable energy and corporate buyouts....
...NYCB’s recent losses on property loans have rekindled worries about potential defaults in the real estate market....
...Barings added that Corinthia, which was founded by former real estate executive Paul Weightman in 2022, continued to contact other employees within its private credit business in the days that followed....
...AXA Millésimes, the insurance company’s wine division, is far lower-key than Bernard Arnault’s vast LVMH empire, but has its own investment in Outpost on Howell Mountain, east of the valley....
...Companies that directly benefit from low rates have done well. This includes the homebuilders (up 40 per cent or so) and commercial real estate plays such as Boston Properties and Simon Property Group....
...The move signals that the world’s largest alternative asset manager considers its growth prospects in the decade ahead lie away from the traditional private equity buyout and real estate businesses that...
...Before sitting down for an interview with the Financial Times this year at his home in Los Angeles, he was scrutinising a potential real estate development deal....
...Late last year, Brookfield spun off its asset management operations into a publicly listed company, separating it from a broader corporate empire that owns more than $30bn in real estate globally as well...
...Self-storage is a bright spot in the troubled $5.6tn commercial real estate (CRE) loan market....
...estate “significantly” hurt returns)....
...“Every bank in the country is way tighter on real estate loans today than they were six months ago,” he said. “They all seem [to be] too much trouble.”...
...The firm raked in billions of dollars of capital in the years before 2008, investing some of it on consumer debt, real estate, even unwanted life insurance policies....
...But the company’s real estate brokerage unit saw sales tumble by nearly a fifth, and operating profits at the unit plummeted 72 per cent from the year before as the housing market cooled and it sold fewer...
...Lee sought to close the gap by pushing the firm into credit, real estate and insurance-based investments, mimicking a strategy that had proved successful for competitors....
...The country’s banking and insurance watchdog said it would step up co-ordination with the central bank and housing regulator to help local governments complete pending real estate developments....
...infrastructure and real estate funds since the beginning of 2022....
...A multinational consumer company such as Unilever currently has very little real-time insight into how their products sell at small storefronts in India, for example....
...Acrisure’s business development platform has added some real estate services too....
...The current real estate bust has taken away precious income that usually comes from sales of land use rights to developers, while strict adherence to Xi’s zero-Covid policy is requiring that scarce funds...
...Real estate services company CBRE started marketing the property to potential buyers earlier this month for in excess of £90mn, acting for a group of investors that acquired it for £48mn in 2017....
...Its vast real estate and infrastructure businesses can be used to source debt investments, for example....
...San Francisco-based JMP’s services include capital markets advising, underwriting, equity research, and sales and trading with a focus on the healthcare, technology, financial services and real estate industries...
...KKR has appointed Ian Williamson to lead its “core plus” real estate activities in Europe, based in London. He joins from BlackRock....
...Instead the landlord, RiseBoro Community Partnership, is entering the third year of a legal battle with insurance company American International Group over who is the long-term owner of the imposing century-old...
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