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Thomas Duffell

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Thomas Duffell is the Asia Editor for PEI Media. Based in PEI’s Hong Kong office, he is responsible for the cohort of Hong Kong-based reporters and Research & Analytics personnel as the company’s senior editorial representative in the region. He was previously Features Editor for PEI’s private equity real estate title PERE, where he was responsible for the publication's long-form journalism and analysis.
Although billion dollar-plus NPL deals may be fairly common in Europe, China’s market offers fewer big ticket opportunities for international investors.
The steady depreciation of Britain’s currency since it voted to leave the European Union back in June has led to a surge of investment from Asia Pacific in to its property markets, according to JLL, which said this investment spike will continue if the sterling continues to lose value, writes Real Estate Capital's sister publication, PERE.
Global real estate ‘dry powder’ has hit $1.7 trillion driven by stronger economic growth, greater debt availability and growing investor confidence, said the CBRE Global Investor Intentions Survey 2017.
A majority of property investors (71 percent) have a currency hedging strategy in place, with more than half of these (52 percent) hedging US dollars, according to research from INREV and academics at Western Sydney University.
Standard Life and Aberdeen Asset Management have merged to create Europe’s second-biggest fund manager
Too much capital chasing too few assets was key EXPO conference theme
AEW Europe, the Paris-based private real estate investment firm, has appointed Cyril Hoyaux as head of debt funds management ahead of the launch of a €750m debt fund. The firm is seeking to significantly expand its real estate debt platform with the appointment of Hoyaux and the setting-up of its second debt fund, Senior European Loan Fund 2 (SELF2).
Mubadala GE Capital, the $8bn joint venture between GE Capital – the financial arm of US conglomerate GE – and Abu Dhabi sovereign wealth fund Mubadala Development, has quietly sold around $475m of real estate debt interests to The Blackstone Group. However, according to various media reports, Mubadala GE said the price of the assets sold to Blackstone is subject to adjustment and the deal could be terminated under certain circumstances. A Mubadala GE spokesperson declined to comment.
Co-head of London-based real estate debt fund manager Tyndaris Real Estate, Heath Forusz, has left the firm to pursue “other projects”. Forusz was head of capital markets and principal trading for Deutsche Bank’s European Commercial Real Estate business before leaving to co-head investment advisory firm Tyndaris’ real estate division alongside Clark Coffee, who also previously […]
Tyndaris Real Estate, a London-based real estate debt fund manager, has closed its debut fund on €350 million and has deployed £28m (€39m) of the capital on two investments in London. In addition, the firm has added two to its investment team.
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