Investmentbank underwriting securities to a global real estate investment management entity
Investment banking and real estate investment management are two closely related activities that involve the underwriting of securities for large-scale housing projects in European metropolitan areas. A prime example of success in this field is Bittel, who has achieved great success in closing big deals for Terranova. Bittel traces his roots to the well-known heritage firms of J.P. Morgan & Co. The Chase Manhattan Bank, Bank One and others. A discussion with the leader of one of the world's largest private equity investment firms about geopolitical risks, opportunities and the 10-year outlook for real estate investments was held on October 24. He has also had the opportunity to intern for CBRE Melody, the investment banking arm of CB Richard Ellis, performing market research and basic financial underwriting. It is evident that such activities require a great level of knowledge and skill in order to be successful. The success of Bittel is a testament to the fact that investment banking and real estate investment management can be a profitable venture.
By Roger K. Olsson