All Real Assets articles in August 2007 (Online) – Page 2

  • News

    Illinois Teachers schools overseas growth

    2007-08-21T16:50:00Z

    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.

  • News

    Mexico industrial market offers strong opportunity

    2007-08-13T00:00:00Z

    UNITED STATES - Pension funds in the United States are increasingly looking at the Mexican industrial market as a solid investment opportunity. Rob Kochis, principal with real estate consultancy The Townsend Group, said the Teacher Retirement Syst...

  • News

    Turkish retail market growth 'needs work' - VastNed

    2007-08-13T00:00:00Z

    TURKEY-NETHERLANDS - Expansion into the Turkish retail market could take more work than initially expected, the €1.8bn property investor VastNed Retail has indicated. "The market is not fully ready yet for institutional investments as...

  • News

    IVG plans office move into G-Reit

    2007-08-13T00:00:00Z

    GERMANY – German real estate investment firm IVG Immobilien is expecting to convert its office assets into a real estate investment trust (Reit) but not before Spring 2008, according to the firm’s first half financial results. Details ...

  • News

    Nieuwe Steen eyes foreign investments

    2007-08-13T00:00:00Z

    NETHERLANDS - Property investment company Nieuwe Steen Investments (NSI) is considering extending its activities across the Dutch border in order to improve its returns. "Given the extreme price level and rising interest rates, the options f...

  • News

    Cap rates unchanged by debt market volatility

    2007-08-13T00:00:00Z

    UNITED STATES – Real estate investors are now turning their attention to returns as cap rates on real estate investments in the United States were unaffected through the second quarter despite earlier volatility in the debt markets, suggests Pr...

  • News

    Market slowdown bring unitised redemptions

    2007-08-13T00:00:00Z

    UK – Returns on pooled property remain strong but there was a significant increase in the outflow of money from UK property funds in the second quarter of this year, according to figures from the Association of Real Estate Funds (AREF). Infl...

  • News

    Contra Costa County to cross Reits border

    2007-08-13T00:00:00Z

    UNITED STATES - Contra Costa County Employees’ Retirement Association has decided to take its US REIT investment program to the global stage. The pension fund will be conducting a search for REIT managers over the next few months, according ...

  • News

    Morgan Stanley buys a place in assisted homes

    2007-08-13T00:00:00Z

    UK - Asset manager Morgan Stanley is moving into the UK senior living space through a joint venture worth $1.1bn with established real estate services firm Sunrise Senior Living. This is the first such assisted living market deal in the UK a

  • News

    Real estate boosts ING's assets

    2007-08-13T00:00:00Z

    GLOBAL – Dutch banking group ING saw the assets under management in its real estate division increase by 37% to €74.7bn over the last year. The "ongoing demand for property investment funds at ING Real Estate" led to strong i...

  • News

    European appreciation to slow gains in global property

    2007-08-13T00:00:00Z

    GLOBAL – Invested real estate market is expected to grow by almost 40% in value over the next five years but the European market is likely to see a reduction is appreciation, according to research presented by RREEF. Details of the latest qu...

  • News

    Irish property returns up

    2007-08-06T00:00:00Z

    IRELANDS - Returns on Irish property reached 16.9% in the year to June, despite a continuing exodus of domestic investors into other European real estate markets. IPD figures published last week showed returns on Irish real estate rose from 2.2% i...

  • News

    HSBC pulls in property team

    2007-08-06T00:00:00Z

    UK - HSBC Investments has brought in a seven-strong team of fund selection specialists in a move the firm hopes will increase property-hungry investors’ appetite for multi-manager funds. Guy Morrell, who will head the UK-based team, told IP...

  • News

    LACERA resumes global REIT search

    2007-08-06T00:00:00Z

    UNITED STATES - Los Angeles County Employees Retirement Association is now in the planning stages for a new global REIT manager search worth around $100m (€73.1m). John McClelland, principal investment officer for real estate at the pension ...

  • News

    Infrastructure 'moving out of real estate' - RREEF

    2007-08-06T00:00:00Z

    EUROPE – Pension funds are beginning to regard infrastructure as an asset class in its own right rather than as part its real estate allocation, according to officials at RREEF. John McCarthy, head of RREEF Infrastructure Europe, said Europe...

  • News

    ING Clarion seeks healthy gains in medical push

    2007-08-06T00:00:00Z

    UNITED STATES - ING Clarion Partners is looking to invest at least $200m (€146m) in the medical office building sector in the next several years as the firm believes returns are 1% better than in traditional offices. At this stage, capital ...

  • News

    BC pension fund buys hotel Reit

    2007-08-06T00:00:00Z

    CANADA - British Columbia Investment Management Corporation (bcIMC), the investment arm of several Canadian public-sector pension funds, is to acquire a hotel Reit for CA$1.2bn (€800m) in cash. The CA$85bn fund will acquire the Canadian Hot...

  • News

    RREEF predicts new spending in Asia-Pacific

    2007-08-06T00:00:00Z

    UNITED STATES – Institutional capital will head into new countries within the Asia Pacific region such as Vietnam and Brazil over the next two years, according to research presented by RREEF Details of RREEF’s Asia Pacific Property Cyc...

  • News

    Boston purchase adds to DTZ global expansion

    2007-08-06T00:00:00Z

    UK-US - DTZ, the property advisory firm, is to acquire Boston property brokerage FHO Partners in a bid to broaden its global platform. The three-stage deal involves an initial payment of £2m (€4.2m) for the right to acquire the Massachu...

  • News

    Pension funds prompt access to Skandia property

    2007-08-06T00:00:00Z

    UK – Skandia is adding an institutional share class to its Global Property Securities fund as pension funds are demanding the ability to invest in it. Ryan Hughes, fund manager at Skandia Investment Managers Limited (SIML), said pension fund...