Disney Hotels, Paris (Benson Elliot)

Global asset manager acquires UK/Europe leisure property portfolio

PineBridge Investments To Acquire Benson Elliot Capital Management London and New York, 14th October 2020, PineBridge Investments (‘PineBridge’), a private, global asset manager focused on active, high-conviction investing, has reached an agreement to acquire Benson Elliot Capital Management (‘Benson Elliot’), a UK-based private equity real estate fund manager. Financial details of the transaction are not being disclosed and the transaction is subject to certain customary regulatory and other approvals. Benson Elliot, which was founded in 2005, manages over US$3.5 billion of equity and holds a diversified portfolio currently comprised of office,…

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Hammerson under microscope

Canadian real estate boss takes reins of UK shopping centre giant

Hammerson drafts in Rita-Rose Gagné as its new chief executive Gagné was previously the president of growth markets at Ivanhoé Cambridge Hammerson has appointed the former Canadian president of growth markets at a real estate firm, Rita-Rose Gagné as its new chief executive. Gagné was previously the president of growth markets at Ivanhoé Cambridge where she oversaw real estate assets across Asia Pacific and Latin America. Prior to joining Ivanhoé in 2006, she worked in various property markets across the world, including the UK, France and Germany. Gagné will succeed current…

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Buildings on Swan St, Manchester. Photo: Wikimedia Commons

New all-day venue in Manchester’s Northern Quarter to create “jobs and opportunities”

Albert’s Schloss co-founders plan new Northern Quarter venue Swan Street Firehouse The team behind Swan Street Firehouse also founded Trof, Deaf Institute and Gorilla The co-founders of Albert’s Schloss are planning to open a new Northern Quarter venue. A licence application has been submitted for Swan Street Firehouse, a new café, bar, restaurant and event space. It will be based inside an old MOT station on land being redeveloped by Capital & Centric and the Kamani Property Group. The team behind the venture includes Adelaide Winter and Joel Wilkinson, who…

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