All Americas articles – Page 171
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News
Pension funds approach target allocations
UNITED STATES – Less new pensions capital is likely to be invested in real estate over the coming months as many US pension funds are now approaching their real estate allocations.
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News
Indiana State seeks overseas opportunities
UNITED STATES - Indiana State Teachers Retirement System will be looking at investing around $200m (€147m) into a new real estate strategy that will include international and opportunistic investments.
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News
San Joaquin County considers real estate rise
UNITED STATES - San Joaquin County Employees’ Retirement Association is thinking of increasing its exposure to real estate to as much as a tenth of its assets.
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News
North Dakota State shifts core capital to value-added
UNITED STATES - North Dakota State Investment Board has decided to move a portion of its capital originally invested in core real estate and move it into the value-added real estate bucket.
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News
CalPERS and MacFarlane bet big on the capitol
UNITED STATES - California Public Employees Retirement System and MacFarlane Partners have formed a venture which could build a real estate portfolio worth $10bn (€7.3bn) in the greater Washington DC region.
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News
Low returns fail to deter core pension fund investors
UNITED STATES – Some US pension funds are still willing to invest a portion of their capital in core real estate despite returns being at an all-time low, according to consultants Townsend Group.
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News
CalPERS to rest capital in global hotels
UNITED STATES – California Public Employees Retirement System is planning to tap into the tourism trade next year with the development of a global hotel investment platform.
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News
TIAA-CREF sales push draws Alaska hire
UNITED STATES - TIAA-CREF Asset Management has signaled plans for a major institutional business drive with the expansion of its sales team and three key appointments.
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News
Ohio PERS to sell $1bn in real estate
UNITED STATES – Strong interest in real estate acquisitions has promoted Ohio Public Employees Retirement System to spend the remainder of 2007 working on the sale of $1bn (€741.2m) in real estate assets.
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News
CalPERS considers major real estate emigration
UNITED STATES – The California Public Employees Retirement System is thinking of expanding overseas and moving its international real estate allocation from its current 20% level to a 50% weighting.
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News
Oregon PERF to increase real estate presence
UNITED STATES - Oregon Public Employees Retirement Fund has moved its targeted allocation for real estate from 8% to 11%, giving the pension fund an extra $1.8bn (€1.3bn) of new capital to invest.
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News
More US pension fund capital heads for global REITs
UNITED STATES - Massachusetts Pension Reserves Investment Management Board and Wisconsin State Investment Board have become the latest pension funds in the United States to plan a global REIT strategy.
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News
Illinois Teachers schools overseas growth
UNITED STATES - Teachers’ Retirement System of the State of Illinois is close to reaching its international real estate allocation as the fund has now approved a further three investments totaling $250m (€184m) into commingled funds.
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Magazine
The long and short of it
REITs have very specific characteristics that place them in a class apart from other forms of real estate investing, as Steve Smith explains
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Magazine
Sub-prime wake-up call instils discipline
A strong real estate market and a tightening of loan criteria have brought new optimism, coupled with new conservatism, Stephanie Schwartz-Driver finds
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Magazine
Market view: fundamentally speaking
To obtain their exposure to real estate, Australian pension funds prefer listed property securities. In fact, just under three-quarters of all real estate exposure by Australian pension funds is obtained by investing in real estate investment trusts (REITs) or listed property companies.