All Real Assets articles in December 2008 (Online) – Page 2

  • European property to bottom out in 2010
    News

    European property to bottom out in 2010

    2008-12-15T17:08:00Z

    EUROPE - The continental European real estate market will reach its lowest level In 2010 but will then encourage fund managers to raise equity again to tap property bargain property, according to research by the Scottish Widows Investment Partnership (SWIP).

  • MPL taps buy-to-let repossessions
    News

    MPL taps buy-to-let repossessions

    2008-12-15T17:05:00Z

    UK – Managing Partners Limited's British Property Opportunities Fund is expecting to return over 10% in its first year by snapping up bargain repossessed UK properties from banks at 30%-discounted prices.

  • Protego concludes merger into Threadneedle PUT
    News

    Protego concludes merger into Threadneedle PUT

    2008-12-15T17:02:00Z

    UK – Protego Real Estate Investors and Threadneedle Asset Management have completed the merger of their respective UK property funds, the Protego UK Property Fund and the Threadneedle Property Unit Trust.

  • Venice mulls pension money for local infrastructure
    News

    Venice mulls pension money for local infrastructure

    2008-12-15T11:28:00Z

    ITALY – The local government of the Veneto region in the North-East of Italy is considering using the resources of its local pension funds to finance regional infrastructure projects.

  • Pension funds gain improved fee position
    News

    Pension funds gain improved fee position

    2008-12-11T18:17:00Z

    GLOBAL - The dynamic between managers and investors has shifted in favour of investors for the time being, according to Allen Smith, CEO of US-based investment manager Prudential Real Estate Investors (which operates under the name of Pramerica Real Estate investors outside the US).

  • AP1 seeks real estate advice
    News

    AP1 seeks real estate advice

    2008-12-11T18:15:00Z

    SWEDEN - Första AP-Fonden (First Swedish National Pension Fund AP1) has announced it is looking to appoint investment managers as part of its new international real estate strategy.

  • Morgan Stanley exits separate accounts
    News

    Morgan Stanley exits separate accounts

    2008-12-11T18:14:00Z

    UNITED STATES - Morgan Stanley Real Estate is pulling out of the separate account business.

  • UK commercial sees investment halve
    News

    UK commercial sees investment halve

    2008-12-11T18:12:00Z

    UK – Jones Lang LaSalle has predicted direct investment in UK commercial real estate will have dropped by approximately 55% year-on-year by the end of 2008, to stand at around £21bn (€24bn).

  • Chicago Teachers to redeem commingled real estate
    News

    Chicago Teachers to redeem commingled real estate

    2008-12-11T18:09:00Z

    UNITED STATES - Public School Teachers’ Pension and Retirement Fund of Chicago is issuing redemption queues on all of its open-ended commingled funds.

  • IVSB appoints its first chair
    News

    IVSB appoints its first chair

    2008-12-11T17:56:00Z

    UK/GLOBAL – Chris Thorne, technical head of valuation at property consultants Atisreal, has been appointed the chairman of a new International Valuation Standards Board (IVSB).

  • CBRE reveals new face in Poland
    News

    CBRE reveals new face in Poland

    2008-12-11T17:47:00Z

    POLAND – CB Richard Ellis Group Inc. (CBRE) has appointed Charles Wardroper as the managing director of its business in Poland.

  • Pension funds can still find good deals - Aberdeen
    News

    Pension funds can still find good deals - Aberdeen

    2008-12-09T17:00:00Z

    UK/GLOBAL – Pension funds can still find good short-term property investment opportunities over the coming months but the overriding priority will be to rebalance their portfolios, according to Alessandro Bronda, head of property investment strategy for Aberdeen Property Investors.

  • Surveyors predict further 25% UK drop
    News

    Surveyors predict further 25% UK drop

    2008-12-09T16:43:00Z

    UK – Commercial property capital values are predicted to fall a further 25% over the next two years, according to the latest forecast issued by the Royal Institution of Chartered Surveyors (RICS).

  • E&Y and Henderson to deliver Spezialfonds
    News

    E&Y and Henderson to deliver Spezialfonds

    2008-12-08T17:21:00Z

    GERMANY - Ernst & Young Real Estate and Warburg–Henderson have joined forces to offer what they describe as an outsourcing service for institutional investors which allows them to transfer their directly-held real estate portfolios into a Speziafonds property fund

  • Real estate returns add to Harvard woes
    News

    Real estate returns add to Harvard woes

    2008-12-08T16:57:00Z

    US - Harvard University’s endowment has lost $8bn (€6.3bn) of investments in the first four months of the university’s fiscal year and is expected to deliver the worst annual returns in 40 years, officials have announced.

  • OMERS makes strategic move to private equity
    News

    OMERS makes strategic move to private equity

    2008-12-04T17:06:00Z

    CANADA – The Ontario Municipal Employees Retirement System (OMERS) has launched a new investment entity which will invest in private companies focused on real estate development, airports and energy.

  • Demand for logistics creates investment potential
    News

    Demand for logistics creates investment potential

    2008-12-04T16:58:00Z

    EUROPE – Jones Lang LaSalle has identified Europe’s seaports as logistics hotspots for growth on the back of a significant increase in demand.

  • CalSTRS awards capital to existing managers
    News

    CalSTRS awards capital to existing managers

    2008-12-04T16:57:00Z

    UNITED STATES - California State Teachers Retirement System has bucked the trend and issued new capital to real estate managers, to could be used for potential investment in 2009.

  • Diebold’s pension moves into real estate
    News

    Diebold’s pension moves into real estate

    2008-12-04T16:55:00Z

    UNITED STATES - Diebold Corporation’s $450m (€356.5m) defined benefit pension fund has made its first move into real estate investment and made a $10m commitment to JP Morgan’s open-ended Strategic property fund.

  • Aberdeen sells Belgian real estate operation
    News

    Aberdeen sells Belgian real estate operation

    2008-12-04T16:53:00Z

    BELGIUM - BNP Paribas Real Estate Property Management has announced it is acquiring Aberdeen Property Investors Belgium.