All Real Assets articles in August 2008 (Online) – Page 2
-
NewsCPPIB settles Auckland takeover costs
CANADA/NEW ZEALAND – The Canada Pension Plan Investment Board has managed to secure a deal with Auckland International Airport for costs related to the collapse of its partial takeover.
-
NewsSources confirm Tesco/USS real estate deal
UK – Sources have confirmed the £30bn (€38bn) Universities Superannuation Scheme (USS), the second-largest pension scheme in the UK, is set to purchase a number of UK supermarket chain Tesco’s largest stores.
-
NewsSwiss-backed AIFAA expands US strategy to Texas
UNITED STATES - AIFAA, an investment company backed by 12 Swiss pension funds, has extended its real estate portfolio to Texas for the first time with the $82m (€54.8m) acquisition of the Wells Fargo Tower office building in Austin, Texas.
-
NewsMass PRIM buys its first properties of ‘08
UNITED STATES - Massachusetts Pension Reserves Investment Management Board has closed the deal on its first two direct property acquisitions in 2008 and paid a total of $177.1m (€118.6m) for the assets.
-
.jpg)
NewsMIT index sees price decline in Q2
UNITED STATES – The MIT Center for Real Estate has seen transaction sales prices of its commercial property sold by major institutional investors decline by 2.7% in the second quarter of 2008.
-
NewsReal estate execs express doom and gloom
UNITED STATES - Leaders in commercial real estate for the office, retail, industrial, hospitality, and multifamily sectors are facing an increasingly gloomy outlook, according to a survey conducted by the Real Estate Roundtable.
-
NewsAEW breaks through Asia fund capital target
UNITED STATES - AEW Capital Management has topped the original capital-raising set on its first direct real estate Asian investment commingled fund, as pension funds and investors are keen to diversify into new markets.
-
NewsIllinois Teachers targets emerging managers real estate programme
UNITED STATES – The Teachers’ Retirement System of the State of Illinois is planning to create an emerging manager programme as part of its future real estate investment programme.
-
NewsUS giant huddles up to London
UK – Mark Wood, managing director of US pension fund giant TIAA-CREF’s global real estate business, has revealed the newly-launched London office is an attempt to “make sure we are as close to the market as we can be.”
-
NewsRevalued property drags ING figures down
NETHERLANDS - A revaluation of its Summit portfolio in Canada was the main contributor to an €180m after-tax loss for ING’s property investments in the second quarter of this year, the Dutch bancassurer has revealed
-
NewsTIAA-CREF hunts real estate via London office
US/UK – The New York-based Teachers Insurance and Annuities Association-College Retirement Equities Fund (TIAA-CREF), the second largest retirement plan in the US with assets of $420bn (€281bn), has launched its first overseas office in London.
-
.jpg)
NewsQuebec extends its Brazilian shopping space
CANADA/BRAZIL – Ivanhoe Investments, the real estate management subsidiary of Canada’s largest pension fund, has boosted its position in Brazil with the purchase of four shopping centres and more than doubled its stake in a local property partner.
-
.jpg)
NewsMarcus regenerates the development chair
UK - Ian Marcus, chairman of the European Real Estate Investment Banking at Credit Suisse, is extending his duties in the real estate market and moving into the chairmanship of The Prince’s Regeneration Trust.
-
NewsSchroders seeks growth on agricultural land
GLOBAL – Schroders, the asset manager, is hoping to tap into growing global demand for food production by investing in agricultural land.
-
NewsMass PRIM turns to in-house expertise
UNITED STATES – The Massachusettes Pension Reserves Investment Board (Mass PRIM) has appointed an in-house expert to manage over $6bn (€5.5bn) of its assets in real estate and timber.
-
NewsDeka’s Westinvest eyes bargains in Lithuania
LITHUANIA – Deka Immobilien, the German asset manager, has shown renewed interest in the Lithuanian retail property market despite inflation pressures on the local economy, by purchasing the Akropolis shopping centre in Vilnius.
-
NewsOhio Police and Fire up real estate allocation by 50%
UNITED STATES - Ohio Police and Fire Pension Fund have increased its real estate allocation from 8% to 12%.
-
NewsIndiana PERF seeks real estate consultant
UNITED STATES - Indiana Public Employees Retirement Fund is now in the process of looking to hire its first ever real estate consultant.
-
NewsNYSTRS provides the finance for real estate mortgages
UNITED STATES - New York State Teachers Retirement System has expanded its real estate portfolio with a commitment to several mortgaged transactions and a commingled fund.
-
NewsOhio School Employees commits to office fund
UNITED STATES - School Employees Retirement System of Ohio has approved a commitment of $50m (€32.1m) into the Beacon Capital Strategic Partners VI commingled fund.
- Previous Page
- Page1
- Page2
- Page3
- Next Page
