Goldman Sachs’ merchant bank has closed its largest global real estate credit fund, raising $6.7bn. The bank’s Jim Garman and Richard Spencer explain the advantages that come with size.
David Barry has joined the consultancy as a senior director from rival BNP Paribas Real Estate and will focus on investors active in the UK, especially the Central London market.
The bank’s former head of UK housing replaces Paul Coates who recently joined CBRE’s structured finance advisory business.
Lisa Williams, a longstanding employee of loan servicer Situs, has been appointed the firm’s new head of Europe.
Legal & General, the UK-based insurance company, has appointed Lorna Brown to develop its existing real estate debt business and expand its scope for internal and external clients.
Münchener Hypothekenbank has hired Thomas Völker as head of commercial real estate international clients in order to boost the German bank’s international presence.
Global broker CBRE has hired PwC’s former real estate corporate finance executive, Philip Shields (pictured), as senior director within its Capital Advisors team.
Barclays Corporate Banking has reshuffled its real estate team following the retirement of two senior bankers.
Global broker CBRE has hired Paul Coates as executive director and head of debt and structured Finance for the EMEA region of its Capital Advisors unit.
Knight Frank has launched a new debt advisory practice with the senior appointment of Lisa Attenborough, former director at CBRE Capital Advisors.