All articles by Carolyn Bandel – Page 2

  • News

    European property continues the climb

    2007-05-21T00:00:00Z

    EUROPE – Property performances throughout Europe saw another year of growth in 2006, the third year in a row according to the Pan-European property index calculated by Investment Property Databank (IPD). The index, covering property asse...

  • News

    Regulators probe Dutch institutional real estate

    2007-04-23T00:00:00Z

    NETHERLANDS – Dutch regulators are probing institutional investors’ real estate investment activities to detect corruption. The moves come from the central bank, the DNB, and market regulator the Financial Markets Authority (AFM). F...

  • News

    Dutch Butchers asked to chop real estate

    2007-04-23T00:00:00Z

    REAL ESTATE – The Dutch €1.1bn industrywide butchers’ pension fund has clashed with pension regulator De Nederlandsche Bank (DNB) over demands to cut the scheme’s real estate holdings. The fund has long allocated a large pa...

  • News

    Dutch SPF to put €75m into nursery sector

    2007-04-16T00:00:00Z

    NETHERLANDS - SPF Beheer, the manager of the €11.8bn railway fund SPF fund and the €2.3bn Dutch public transport workers' pensions fund SPOV, says it will invest €75m in real estate in the nursery sector. "We want to invest ...

  • News

    Irish reserve fund’s real estate chief departs

    2007-04-10T00:00:00Z

    REAL ESTATE - Ian Gleeson, head of property at Ireland’s €18.8bn National Pensions Reserve Fund, is to join Morley Fund Management. It was not immediately clear what the departure would mean for the NPRF’s target of allocating 8%...

  • News

    Savills launches cross border valuation team

    2007-03-30T00:00:00Z

    REAL ESTATE – Property services company Savills has launched a cross border European valuation team to be based at its London offices. William Newsom, head of valuation, told IPE that the new team, for which he recruited new directors Collie...

  • News

    Sweden’s Alecta buys Dutch distributon centre

    2007-02-19T00:00:00Z

    REAL ESTATE – The €44bn Swedish occupational pensions mutual Alecta has bought a Dutch, Venlo-based distribution centre for nearly €11m. Real estate investment company Arlington, which has bought the complex for Alecta, said that...

  • News

    ING announces close of CEE property fund

    2007-01-08T17:29:00Z

    REAL ESTATE – ING Real Estate Investment Management has closed the ING Property Fund Central and Eastern Europe, the firm announced today.

  • News

    MEPs’ fund goes into real estate

    2006-12-18T00:00:00Z

    REAL ESTATE - The €190m (£127.85m) Members of European Parliament Pension Fund is moving away from bonds in favour of euro-zone property to increase the diversification within its portfolio. The news was first announced in a press relea...

  • News

    Sharia’a compliant real estate fund launched

    2006-12-11T00:00:00Z

    REAL ESTATE – A new Sharia’a-compliant real estate fund has been launched by the European Islamic Investment Bank. Knight Frank Investment Management will source real estate deals on behalf of the EIIB Pan-European Islamic Real Estate...

  • News

    Belgium in €500m real estate sell-off

    2006-12-11T00:00:00Z

    REAL ESTATE – The Belgian federal state is selling off government property, among which some historic buildings, to balance this year’s budget showing a €500m gap. In a notice of sale the Belgian Federal State today announced tha...

  • News

    USS buys into Bulgarian real estate developer

    2006-12-04T00:00:00Z

    REAL ESTATE – The £26bn (€38.5bn) Universities Superannuation Scheme, the pension fund for university staff, has made a move to increase it Eastern European real estate holdings. In an announcement Bulgarian Land Development Plc, ...

  • News

    CSAM buys Amsterdam office complex

    2006-12-04T00:00:00Z

    REAL ESTATE – Credit Suisse Asset Management (CSAM) has bought an Amsterdam office complex for €174m (£117.27m) from ING Real Estate, which had the building on a long-term lease. ING announced Credit Suisse has bought the complex ...

  • News

    New board at Bouwfonds

    2006-11-06T00:00:00Z

    NETHERLANDS – Rabobank is replacing the board members of the Bouwfonds property development, which it is about to acquire from ABN Amro for €845m. Rabo, which expects to complete the deal with ABN Amro on December 1, said that the fund...

  • News

    ABP’s new HK office to focus on real estate

    2006-10-20T00:00:00Z

    REAL ESTATE – Dutch pension giant ABP, at €201bn Europe’s largest pension fund, has announced a launch date and the key executives for its new Hong Kong office – revealing a real estate focus for the new office. By January ...

  • News

    Aareal in German residential move

    2006-10-20T00:00:00Z

    REAL ESTATE – Aareal Asset Management has acquired a substantial residential portfolio for the Aareal German Residential Fund. The portfolio, comprising of about 1,400 units, was sold by a subsidiary of German insurer Allianz Group, represe...

  • News

    US commercial real estate ‘set for 2007 decline’

    2006-10-20T00:00:00Z

    REAL ESTATE - The peaking US real estate cycle will start declining from 2007, forcing investors to rethink, according to a study by research group the Urban Land Institute and PricewaterhouseCoopers. The new trend will see investors turning to a...

  • News

    Jones Lang LaSalle argues case for commercial

    2006-10-09T00:00:00Z

    REAL ESTATE - Alistair Hughes, chief executive officer for Europe at real estate specialist Jones Lang LaSalle, argues that commercial property is an important mid-term investment for institutional investors. Speaking at the FT commercial property...

  • News

    Nieuwe Steen divests residential portfolio

    2006-10-02T00:00:00Z

    NETHERLANDS – Dutch real estate fund Nieuwe Steen Investments (NSI) will sell its entire residential housing portfolio worth €134m.

  • News

    Irish reserve fund puts €44m into property

    2006-09-18T17:11:00Z

    IRELAND – Ireland’s National Pensions Reserve Fund is to invest £30m (€44m) in specialist property fund The Mall as part of its €135m commitment to real estate.