PEI: PEI MEDIA GROUP’S ACQUISITION OF REAL ESTATE PUBLISHING

Real Estate Capital has been acquired by international publisher PEI Media.Real Estate Capital is joining PEI’s portfolio of print and digital publications that includes PERE, the title dedicated to international private real estate markets.Jane Roberts will continue to be editor of Real Estate Capital with Alex Catalano acting as consultant editor. The existing team will be joined by more journalists in the coming months and coverage will be expanded to more markets and through upgrading the title’s website.PEI’s editorial director, Philip Borel, said: “Real estate financing has continued to evolve since the global financial crisis and the appetite for authoritative coverage of the deals, the firms and the trends shaping these market globally is now greater than ever. The idea of having such a highly-respected team join us at a time when the real estate finance markets are gathering momentum was very exciting. It’s a very good fit”.David Hawkins, PEI co-founder, said Real Estate Capital was “a powerful brand.. We feel that the global real estate markets are entering a significant new phase and to have Real Estate Capital become part of our proposition is compelling”.Helen Curtis, company /commercial solicitor, led the team at Gannons who were representing Real Estate Publishing Limited, she commented: “This was essentially an acqui-hire, where the employees of Real Estate Publishing were hired by PEI as part of the deal.“The deal will create opportunities for investment and expansion for my client.”www.gannons.co.uk