REAL ESTATE – A continental European corporate pension fund has tendered substantially excess of $100m (€78m) in indirect global real estate via IPE-Quest.

The search (QN624) states the investor has no preferred benchmark (although the GPR 250 would be satisfactory) and an expected outperformance of 2%.

This search closes for replies via IPE-Quest on 25 May 2006.

IPE-Quest is IPE’s online system designed to bring together institutional investors and asset managers.

During 2005, notified 121 searches valued at more than €10bn.