All Americas articles – Page 172

  • News

    Pennsylvania State signs to $1bn Mexico fund

    2007-11-12T17:05:00Z

    UNITED STATES - Pennsylvania State Employees Retirement System is thinking of making a commitment to a $1bn (€681.3m) Latin America residential fund being launched by Pramerica Real Estate Investors.

  • News

    Illinois Teachers widens separate account plans

    2007-11-12T17:02:00Z

    UNITED STATES - Teachers Retirement System of the State of Illinois is planning a shift in its separate accounts real estate programme when it makes its next manager search.

  • News

    Principal study calls end of cap rate compression

    2007-11-12T17:00:00Z

    UNITED STATES - Principal Real Estate Investors feels that time of the cap rate compression in the United States has run its course, according to a report investigating current real estate market potential.

  • News

    LACERA trades property for commingled fund

    2007-11-05T17:47:00Z

    UNITED STATES - Los Angeles County Employees Retirement Association has sold a shopping centre in Los Angeles and traded it for an investment into a commingled fund with the same real estate manager.

  • News

    Pramerica expands into Brazil

    2007-11-05T17:43:00Z

    UNITED STATES - Pramerica Real Estate Investors has expanded its industrial investment efforts into Brazil for the first time, through a joint venture with Racional Engenharia.

  • News

    US pension funds rest sleeping capital in hotels

    2007-11-05T17:41:00Z

    UNITED STATES - Pension funds are still eyeing hotel properties as a good investment, as San Diego is the latest to shift additional assets into the sector and Principal has made its first purchase for investors.

  • News

    CalSTRS sets up retail JV

    2007-11-05T17:39:00Z

    UNITED STATES - California State Teachers Retirement System has established a new joint venture with Urban Retail Properties Company to invest in retail properties.

  • News

    US pension funds make play for value-added apartments

    2007-11-05T17:38:00Z

    UNITED STATES - Pension funds in the United States are moving some capital into investing in value-added apartments, as renter demand for flats is believed to be on the upswing.

  • News

    New Jersey taps into real estate debt pressures

    2007-10-29T17:15:00Z

    UNITED STATES - New Jersey Division of Investment has agreed to commit $150m (€105.3m) to two commingled funds, to take advantage of the market capital squeeze and structured financing.

  • News

    US pension funds place capital into distressed paper

    2007-10-29T17:11:00Z

    UNITED STATES - Several pension funds in the United States have decided to invest some capital into a distressed debt investment strategy but are choosing to do so through leverage-driven funds.

  • News

    PCA 'conflict of interest' forces CalSTRS' shop

    2007-10-22T17:10:00Z

    UNITED STATES - California State Teachers Retirement System is planning to hire a new real estate consultant for the first time in 10 years.

  • News

    US pension fund capital heads back to core

    2007-10-22T17:05:00Z

    UNITED STATES - Some pension fund capital in the United States is flowing against the tide and being reallocated to a core investment strategy.

  • News

    Shorenstein buys into mezzanine gap

    2007-10-22T17:00:00Z

    UNITED STATES - Shorenstein Properties plans to increase its appetite for mezzanine debt deals on office buildings over the next couple of months, to take advantage of the dislocation in the debt markets.

  • News

    UCAL moves to separate accounts

    2007-10-22T17:00:00Z

    UNITED STATES - The University of California (UCAL) has moved into the separate account real estate space for the first time signing a relationship with Cornerstone Real Estate Advisers.

  • News

    State of Alaska branches out into timber

    2007-10-15T12:30:00Z

    UNITED STATES - Alaska Retirement Management Board has expanded into timberland for the first time with a $200m (€142.5m) allocation.

  • News

    Select-service hotels hit Warburg Pincus’ radar

    2007-10-15T11:30:00Z

    United States - Warburg Pincus Real Estate Fund I and Triyar Hospitality have formed a joint venture to develop and acquire ‘select-service’ hotels.

  • News

    Mass PRIM abandons small cap REITs

    2007-10-15T11:00:00Z

    UNITED STATES – Massachusetts’ Pension Reserves Investment Management Board has decided to drop a small cap investment mandate for its publicly-traded real estate securities program in the United States.

  • News

    Texas Teachers to approve $800m in real estate

    2007-10-15T10:30:00Z

    UNITED STATES- Teacher Retirement System of Texas is in the process of approving $800m ($568m euros) in new real estate commingled fund investments.

  • News

    Ohio Police & Fire sells separates

    2007-10-08T17:34:00Z

    UNITED STATES - Ohio Police & Fire Pension Fund has voted to approve the transfer of seven separate account assets and move them into a commingled fund.

  • News

    CalSTRS expands JV to $500m

    2007-10-08T17:26:00Z

    UNITED STATES - California State Teachers Retirement System has expanded its real estate joint venture relationship with Pacific Coast Capital Partners by investing a total of $500m (€353m) into two ventures.