REC staff

UK market overview The Jones Lang LaSalle Balanced Fund Index rose 0.29% and 0.22% respectively in July and August, compared to 0.15% in June 2011, writes Julian Schiller. The index is up 2.50% since the start of the year and 3.20% over the past 12 months. Taking into account secondary market pricing, the 12-month return […]

Banks’ reluctance to fund residential developments has created an opening for private equity firm Beaubridge, which has funded four London projects and is looking for more. Jane Roberts reports

Property director Malcolm Naish is quietly confident about UK property’s prospects, and winning £2.3bn of mandates from Invista this year has positioned SWIP for growth. Jane Roberts reports

Private bank uses strength of HSBC brand to secure exclusive deals for clubs of wealthy clients

Morgan Capital bought 8-10 Hanover Street for one of its clients, an overseas private investor. The price paid wasn’t disclosed, but it was marketed at £25m. Occupier demand for West End space is still buoyant and buying opportunities are scarce; this investment was hotly contested. The property is a development proposition; it has consent for 25,000 […]

Drapers Gardens, a newly built City office building bought last year for £240m by Evans Randall, has some 10 ultra wealthy private investors co-investing in the deal. Set up in 1993, Evans Randall structures real estate finance and invests directly. Some wealthy private investors or their representatives come to Evans Randall directly, while others come via […]

Wealth manager Stanhope Capital looks after some $7.5bn of its clients’ investments. The manager was originally set up as a family office by a group of rich European families, but its clients are now a mix of other family groups, charities, institutions, and ultra high net worth investors; the minimum entry level is £10m. Stanhope’s […]

Citi Private Bank links co-investing property players with private investors, writes Alex Catalano

Wealthy private investors favour prime property for its security of income, reports Alex Catalano

Australian and US players beat European ones in Sustainability Benchmark, reports Jane Roberts