All Americas articles – Page 148
-
News
Texas Teachers to target core US real estate through Lionstone
UNITED STATES – Teacher Retirement System of Texas has formed Lionstone Cash Flow Real Estate Partners One, a fund managed by Houston-based The Lionstone Group.
-
News
Canada Pension Plan steps up global spending spree
GLOBAL – Canada Pension Plan Investment Board (CPPIB) has made its first ever investment in Manhattan through a joint venture with SL Green Realty Corporation, and established an Australian real estate development fund with Goodman Group.
-
MagazineRocky fundamentals
Prospects for recovery are improving but US real estate markets are sending mixed signals to investors, according to speakers at this year’s PREA spring conference in Boston. Stephanie Schwartz-Driver reports
-
MagazineMoving up the curve
As the US property market bottoms out, Dave Esrig looks at opportunities and discusses possible investor concerns
-
MagazineSkinning the ‘Fat Cat’
The new Foreign Account Tax Compliance provisions increase the regulatory burden on foreign investment into the US. Bart Kruijssen and James Guiry report
-
MagazineSpring clean in progress
Excess supply of housing is working through the system as the sector begins to recover. Stephanie Schwartz-Driver reports on another lively session at PREA’s spring event
-
News
Oregon signs up to Vornado value-add club fund
UNITED STATES – Oregon Public Employees Retirement Fund has approved a $100m (€78.7m) commitment to the Vornado Capital Partners investment fund.
-
News
Illinois State doubles ING Clarion account
UNITED STATES – Illinois State Board of Investment has allocated an extra $200m (€155m) to its existing separate account mandate with ING Clarion Partners as it seeks to increase its real estate exposure.
-
News
CPPIB and Kimco join forces to hunt US retail
AMERICAS – The Canada Pension Plan Investment Board (CPPIB) has acquired a $166.5m (€125.8m) interest in four US shopping centers through a joint venture with Kimco Realty Corporation.
-
News
US housing recovers – but tax regulations deter foreign investors
UNITED STATES – The residential market in the US is recovering, but foreign investors will not be placed to capitalise on opportunities unless government tax restrictions are lifted.
-
News
Mass PRIM rebuilds timber portfolio
UNITED STATES - Massachusetts Pension Reserves Investment Management Board (Mass PRIM) is to invest a further $500m ($376m euros) in US timber after selling a $700m section of its portfolio approximately three years ago.
-
News
CalPERS takes social action to protect rent rates for lower-income households
UNITED STATES – The California Public Employees’ Retirement System (CalPERS) is seeking to prohibit excessive rent increases and involuntary displacement of low-income households in its US multi-family residential investments.
-
News
Nebraska to tap discounted real estate secondary market
UNITED STATES - Nebraska Investment Council has approved a $40m (€29.4m) investment into the Landmark Real Estate Partners VI commingled fund.
-
News
Oklahoma Teachers to make core first play in real estate
UNITED STATES - Teachers’ Retirement System of Oklahoma will make an investment in core open-ended commingled funds as its first ever move into real estate.
-
News
US and European investors reveal different gearing interests
GLOBAL – Appetite for gearing levels in real estate funds has diverged between European institutional investors and those based in the US, according to a multi-manager.
-
News
Rothschild Realty sees fresh prospects for US housing
UNITED STATES - Rothschild Realty Managers has made a $100m (€74.9m) equity investment with Summit Housing Partners based in Montgomery, Alabama, on the back of renewed confidence in the housing market.
-
News
Chicago Policemen eye non-core opportunities
UNITED STATES – The Policemen’s Annuity and Benefit Fund of Chicago has issued a Request for Proposal for non-core real estate managers.
-
News
Santa Barbara County opens separate account search
UNITED STATES - Santa Barbara County Employees Retirement System has approved a Request for Information to hire a discretionary separate account real estate manager.
-
News
Illinois State to boost real estate holdings by $300m
UNITED STATES - Illinois State Board of Investment has approved plans to invest $300m (€223.1m) in real estate in 2010.
-
News
Pennsylvania Public School increases allocation to real estate
UNITED STATES - Pennsylvania Public School Employees’ Retirement System has decided to increase its targeted allocation for real estate from 8% to 10.5%. Most of the increase will be funded by the elimination of the pension fund’s 1.5% allocation to public REITs. Pennsylvania Public School ...
