All Real Assets articles in August 2008 (Online) – Page 3

  • Contra Costa County sees a debt opportunity
    News

    Contra Costa County sees a debt opportunity

    2008-08-07T17:21:00Z

    UNITED STATES- Contra Costa County Employees’ Retirement Association has approved a $75m (€48.6m) commitment into the ING Clarion Debt Opportunity Fund II – its first investment in a debt fund focused on real estate.

  • PBGC eyes move into real estate
    News

    PBGC eyes move into real estate

    2008-08-04T17:02:00Z

    UNITED STATES – The Pension Benefit Guaranty Corporation (PBGC) is looking at investing in real estate for the first time and is therefore seeking strategic partnerships so it may allocate up to $2.5bn (€1.6bn) in the sector.

  • European office still seen as positive space
    News

    European office still seen as positive space

    2008-08-04T16:59:00Z

    EUROPE - Rents will fall but much of the European office market is likely to remain positive in the near future, even though at least 20% of the tenant base in major cities is in financial services, suggests Pramerica.

  • European focus shifts to air and rail operators
    News

    European focus shifts to air and rail operators

    2008-08-04T16:57:00Z

    EUROPE – Infrastructure asset managers say new investment opportunities could be emerging for institutional investors as a flurry of new deals are expected to come to the market in the management of air and rail operators.

  • Real estate teams sign expertise
    News

    Real estate teams sign expertise

    2008-08-04T16:54:00Z

    EUROPE – Asset managers Prupim and First State Investments have made changes to their real estate teams which they hope will improve their positions in the retail and infrastructure markets.

  • Cost of fraud triples for Philips fund
    News

    Cost of fraud triples for Philips fund

    2008-08-04T13:45:00Z

    NETHERLANDS – The €13.4bn Dutch pension fund of electronics major Philips has executed several sequestrations in relation to its involvement in the recent property fraud, which is now estimated to have cost the fund €150m.

  • Talking Point: Moving into the distressed debt gap
    News

    Talking Point: Moving into the distressed debt gap

    2008-08-04T10:50:00Z

    News has slowly emerged over recent months of plans by US pension funds in particular to allocate some of their real estate assets to distressed debt opportunities, in light of the credit crunch. But just open is the market to new investors, and are there the opportunities.