Europe – Page 504
-
News
REITs momentum shifts to Asia and Europe
GLOBAL - The centre of gravity for REITs has shifted away from the US towards Asia and Europe, according to a report by Ernst & Young.
-
News
Alternative investments to carry more weight - ING
UK - Alternatives sectors are likely to register more on the agenda as UK pension funds seek to gain more exposure to real estate assets, according to ING Real Estate Investment Management.
-
News
Buchanan Street looks to European expansion
UNITED STATES - Buchanan Street Partners is considering investing in Europe for the first time by using the proceeds from a recent sale.
-
News
To Russia, with cash
RUSSIA - Majority pension fund-owned property firm Sponda is to invest up to €400m in Russia by the end of 2009.
-
News
UK property delivers negative return
UK - Real estate delivered a negative return of 1.1% in Q3, according to the IPD UK Quarterly Index – the first in its history – but real estate still outperformed property equities, which had a negative return of –10.3% for the three months to September.
-
News
BA supports pensions flight with office block
UK – Pension fund of the airline British Airways has bought a recently-completed office development in Birmingham city centre, in a bid to help diversify its asset allocation.
-
News
Industry optimistic for Danish REITs
DENMARK - Denmark could be the next European market to introduce real estate investment trusts (REITs), if lobbying by the Danish Property Federation (DPF) proves successful.
-
News
Land is the new property, say planners
UK - Greenbelt and brownfield land earmarked for development is rapidly emerging as a sub-asset class in an otherwise overvalued real estate market.
-
News
Macro growth boosts Nordic retail
NORDICS - Pension funds have an irrational attachment to office real estate when they should be looking to outperforming retail, according to fund manager Cordea Savills.
-
News
Credit squeeze claims Swiss super-deal
SWITZERLAND - The credit squeeze claimed one of its first major deals last week when a consortium led by London-listed Israeli property firm Delek announced it had pulled out of the planned CHF 3.5bn (€2.8bn) acquisition of property firm Jelmoli’s 88-property Swiss portfolio.
-
News
PwC to advise Norwegian fund on real estate
NORWAY – The Oslo-based branch of PricewaterhouseCoopers (PwC) has been awarded the contract to advise the NOK2trn (€250bn) Norwegian government pension fund on tax issues related to real estate investments.
-
News
Slovakia to stymie pension property plan
SLOVAKIA - The Slovak government is to scotch a legal amendment that would allow second-pillar pension schemes to invest in real estate.
-
News
BT pension fund backs UK developer
UK - The BT Pension Fund has given UK property which is currently seen as a rare vote of confidence and upped its shareholding in UK developers Development Securities.
-
News
ABP defector joins F&C
NETHERLANDS - ABP real estate securities analyst Jorit Arissen is leaving the Dutch pension fund after just over a year to join fund manager F&C.
-
News
UK, Spanish banks in sale-and-leaseback deals
UK/SPAIN - Two banks involved in the acquisition of ABN Amro are selling off most of their remaining property assets in a series of sale-and-leaseback deals.
-
News
Oslo property market is ‘the new Helsinki’
NORWAY – Europe is good but Norway is better, according to a property market report published by Close, the independent merchant bank.
-
News
LVAM in drive to grow institutional business
UK – LV Asset Management (LVAM), the asset management arm of UK’s largest friendly society, has announced ambitious plans to expand its fund management arm with 12 new funds and the development of a multi-manager capability, targeted at institutional and retail investors.
-
News
UK government to invest €2.4bn in infrastructure
UK - The UK government is to plough £1.7bn (€2.4bn) into boosting infrastructure for planned ‘new’ towns and growth areas over the next three years.
-
News
Bär taps into thirst for infrastructure
SWITZERLAND - A fund jointly launched by Macquarie and Julius Bär, the private bank, is targeting European pension fund investors with a global infrastructure fund focused primarily on energy and utilities.
-
News
Strategies switched amid lower Romanian returns
ROMANIA - Charlemagne Capital’s €110.5m sale of three Romanian property assets last week indicates a significant shift in that market, according to investors.
