All Real Assets articles in December 2006 (Online) – Page 2

  • News

    San Francisco City & County places $100m

    11 December 2006

    REAL ESTATE - The San Francisco City and County Employees’ Retirement System has approved new real estate investments of $100m with Capmark Investments, L.P. This action was taken by the pension fund at its board meeting last month. It was ...

  • News

    Shropshire fund moves out of UK property

    4 December 2006

    REAL ESTATE - Shropshire County Council pension fund is seeking an investment manager for a £43m (€63.7m) pan-European real estate portfolio. The move reflects a wider trend for UK pension funds to move out of the domestic real estate ...

  • News

    Ernst & Young names real estate head

    4 December 2006

    REAL ESTATE – Ernst & Young have named Dean Hodcroft as its new head of Real Estate, Hospitality and Construction (RHC). After 18 years with the firm, Hodcraft, 39, will now lead the 1,000-strong group for the UK and NEMIA region - which...

  • News

    Jones Lang LaSalle opens in Dusseldorf

    4 December 2006

    REAL ESTATE – Jones Lang LaSalle, the US real estate broker and asset manager, says that from January 1, it is creating a new German asset management services unit based in Düsseldorf. JLL said that to lead the unit, it had recruited Hi...

  • News

    Newham fund diverts into infrastructure

    4 December 2006

    REAL ESTATE - The London Borough of Newham pension fund is to invest £30m (€45m) in infrastructure. The investment, which follows a strategic review and is the fund’s first in infrastructure, reflects a desire to influence the beta a...

  • News

    Ohio School scheme commits to retail fund

    4 December 2006

    REAL ESTATE - The School Employees Retirement System of Ohio has approved up to a $50m commitment into the Retail Enhancement Fund. The fund took this action at its board meeting in mid November. This is a commingled fund that is managed by M...

  • News

    GE scheme sets up California industrial venture

    4 December 2006

    REAL ESTATE - The General Electric Pension Trust has put together a new $55m joint venture with Master Development Corporation to invest in industrial properties in Southern California. GE put in $50m, with the balance coming from Master Developme...

  • News

    US, Dutch, Irish schemes buy in Stockholm

    4 December 2006

    REAL ESTATE - Pramerica, Prudential's European investment management subsidiary, is to invest $65m in a venture to acquire Swedish residential on behalf of unnamed US institutional investors and Irish and Dutch pension funds. The firm said it wou...

  • News

    USS buys into Bulgarian real estate developer

    4 December 2006

    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

    SEB offers Baltic portfolio to pension funds

    4 December 2006

    REAL ESTATE - Swedish bank SEB is to sell off its Baltic real estate portfolio – probably to a pension fund – as part of its bid to get out of property. Anders Arozin, deputy head of SEB’s Eastern European banking operations, sa...

  • News

    CSAM buys Amsterdam office complex

    4 December 2006

    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 ...