Leading London developer Sir Stuart Lipton has been awarded the 2007 Urban Land Institute (ULI) J.C. Nichols Prize for Visionaries in Urban Development. Lipton is the first non-American to win the $100,000 (EUR 70,500) prize, which honours the legacy of American developer J.C. Nichols, a founding ULI member considered to be one the country's most creative entrepreneurs in land use during the first half of the 1900s.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
