Cezary Podkul looks at how the US stimulus bill will impact the upcoming debate on infrastructure spending.
2 min read · 08 February 2013
Real estate executives predict more pain for the next 12 months, with fewer people believing the debt markets will improve significantly over the coming year.
2 min read · 08 February 2013
The American Society of Civil Engineers also assigned a cumulative grade of D to the nation’s infrastructure. It is the fourth time the US earned that grade in the study, while the estimated spending needed to improve the state of the infrastructure continued to climb from $1.6tn in 2005.
3 min read · 08 February 2013
Liquidations are more common in the bankruptcy world as financing for reorganisations has dried up, writes Christopher Witkowsky.
2 min read · 08 February 2013
Private equity and foreign investors will gain ‘traction’ in 2009 as the real estate markets deleverage. The US market will be a particular target, according to a Jones Lang LaSalle study. Borrowers could struggle to refinance loans in 2009 and 2010, even if the 'underlying property is performing'.
2 min read · 08 February 2013
AIG Global Real Estate, the property investor and fund management arm of global insurance and financial services company AIG, is planning the sale of its fund management business. Financial details were not disclosed.
1 min read · 08 February 2013
Twenty-four toll road projects in the US have involved PPP-type arrangements, out of a total of 235 projects implemented since 1992. PPP approaches are being considered for another 24 toll road projects, according to a study published by the US Federal Highway Administration.
2 min read · 08 February 2013
Dubai World-owned Istithmar World has reduced its staff by 13 in a bid to address existing market conditions.
2 min read · 08 February 2013
The KPMG-sponsored survey of global business leaders also found that business leaders around the world consistently said that roads and energy were the two sectors of infrastructure most urgently in need of investment.
2 min read · 08 February 2013
The Italian alternatives firm – one of Southern Europe’s earliest international private equity fund of funds operators – has hired Seth Lieberman to head up its new global real estate platform.
2 min read · 08 February 2013
