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

  • Risk-conscious investors take the road to Berlin
    News

    Risk-conscious investors take the road to Berlin

    2007-12-10T17:23:00Z

    GERMANY - Germany has overtaken France and the UK as the primary mature European target market for overseas and domestic real estate investors, according to research.

  • Jelmoli ups ante in Swiss saga
    News

    Jelmoli ups ante in Swiss saga

    2007-12-10T17:22:00Z

    EUROPE - In the latest round of an aggressive game of brinkmanship, Swiss retailer Jelmoli is to sue Delek for breach of contract after the London-listed Israeli property firm’s pulled out of a deal to acquire Jelmoli’s 88-property Swiss portfolio.

  • Entity level investing attracts more pension fund capital
    News

    Entity level investing attracts more pension fund capital

    2007-12-10T17:21:00Z

    UNITED STATES – US pension funds are showing increased interest in moving capital to commingled funds that make entity-level investments, as two major funds have invested in funds holding direct property.

  • Texas Teachers to grow real estate staff
    News

    Texas Teachers to grow real estate staff

    2007-12-10T17:19:00Z

    UNITED STATES - Teacher Retirement System of Texas is looking to grow its real estate staff as it mover closer to its 10% allocation for real estate.

  • CalSTRS and ING Clarion set up value-added JV
    News

    CalSTRS and ING Clarion set up value-added JV

    2007-12-10T17:17:00Z

    UNITED STATES - California State Teachers Retirement System and ING Clarion Partners have created a value-added investment joint venture called INGCal Tactical.

  • US pensions scrutinise apartments
    News

    US pensions scrutinise apartments

    2007-12-10T17:16:00Z

    UNITED STATES - Pension funds in the United States are going to be taking a closer look at placing some capital into apartments as officials believe there will be stronger renter demand for apartments in the near-term.

  • Harrison Street pairs up for medical offices
    News

    Harrison Street pairs up for medical offices

    2007-12-10T17:14:00Z

    UNITED STATES - Harrison Street Real Estate Capital has formed a joint venture with Montecito Medical Investment Company to buy ownership of medical office buildings.

  • CalWest assets reduce to $473m
    News

    CalWest assets reduce to $473m

    2007-12-10T17:13:00Z

    UNITED STATES - California Public Employees Retirement System (CalPERS) and RREEF are working together at present to manage the real estate assets on the CalWest Industrial Investors LLC, but assets are now substantially lower following an earlier sale of properties.

  • Real estate sought through IPE-Quest mandate
    News

    Real estate sought through IPE-Quest mandate

    2007-12-10T17:11:00Z

    SWITZERLAND – A search has been launched for an investment manager to look after a €10m European real estate mandate, using IPE Quest.

  • Two in three funds eye real estate
    News

    Two in three funds eye real estate

    2007-12-03T17:05:00Z

    NORDICS - Nearly two-thirds of pension funds in Norway, Sweden and Denmark intend to invest in non-listed real estate in the future, according to a survey by Lymos BV Real Estate Capital Advisors.

  • ABP advised to sell Corio
    News

    ABP advised to sell Corio

    2007-12-03T17:03:00Z

    NETHERLANDS - Dutch pension fund ABP should sell its 37% share in Corio to one of the developers circling the Dutch real estate firm, according to sector analysts.

  • Pension fund JV acquires €200m office
    News

    Pension fund JV acquires €200m office

    2007-12-03T17:01:00Z

    GERMANY - A three-way German office partnership involving ABP and ATP Ejendomme, the real estate subsidiary of the €49.6bn Danish pension scheme, has invested almost a third of its target capital with the €200m acquisition of two nationwide portfolios.

  • Green building ‘will define class A’
    News

    Green building ‘will define class A’

    2007-12-03T16:59:00Z

    UNITED STATES - Tenant demand will eliminate non-green new-build real estate in the US, according to a report published by Prudential US’ subsidiary Pramerica Real Estate Investors.

  • Brookfield expansion targets REITs
    News

    Brookfield expansion targets REITs

    2007-12-03T16:57:00Z

    UNITED STATES - Brookfield Asset Management has moved into the REIT management business with the acquisition of KG Redding.

  • Henderson shorts inside global real estate
    News

    Henderson shorts inside global real estate

    2007-12-03T16:52:00Z

    EUROPE - Henderson Global Investors has launched a property equities fund with the capability to take long and short positions on real estate listed stocks.

  • Smaller schemes opt for Asian fund-of-funds
    News

    Smaller schemes opt for Asian fund-of-funds

    2007-12-03T16:23:00Z

    EUROPE - The European Association for Investors in Non-Listed Real Estate Vehicles (INREV) has launched a directory of 36 unlisted funds of property funds to meet demand from smaller pension funds and niche-hungry major funds.

  • NYSTRS turns $525m to non-core investing
    News

    NYSTRS turns $525m to non-core investing

    2007-12-03T16:21:00Z

    UNITED STATES - New York State Teachers Retirement System is looking at investing up to $525m (€356m) in non-core real state through commingled funds and a separate account.

  • MacFarlane raises $1bn for urban investment
    News

    MacFarlane raises $1bn for urban investment

    2007-12-03T16:19:00Z

    UNITED STATES - MacFarlane Partners has raised $1bn (€683.6m) for Urban Real Estate Fund II, making this one of the largest urban commingled funds ever to be created in the United States.

  • Ohio School Employees places capital into non-core property
    News

    Ohio School Employees places capital into non-core property

    2007-12-03T16:16:00Z

    UNITED STATES - School Employees Retirement System of Ohio has approved commitments totaling $100m (€67.2m) into two non-core commingled funds, as its investment strategy for 2008 is to ignore the core real estate market.

  • Duopoly to define logistics fund market
    News

    Duopoly to define logistics fund market

    2007-12-03T16:13:00Z

    EUROPE - The European logistics market will diverge into ‘blockbuster’ and ‘niche’ funds, with specialist nous and tenant relationships determining asset managers’ survival in a shaken-out market, claims Peter Davies, fund director of the Goodman European Logistics Fund (GELF).