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

  • News

    Schemes raising allocations – AREF’s Cooper

    2006-02-13T00:00:00Z

    REAL ESTATE - Pension funds can’t get enough of real estate, according to Association of Real Estate Funds (AREF) chairman Nick Cooper, with many of those already in the market increasing their holdings to 10% and above. “Pension fun...

  • News

    Danica to freeze real estate allocation

    2006-02-13T00:00:00Z

    REAL ESTATE - Danica Pension, Denmark’s largest life insurer, is to freeze its real estate holdings after announcing plans to increase its equity holdings from 16% to 20%-25%. The A+ rated insurer, which invests primarily in the Danish mar...

  • News

    ABP details global real estate strategy

    2006-02-13T00:00:00Z

    REAL ESTATE – Stichting Pensioenfonds ABP, the €200bn Dutch civil Service scheme, has decided not to invest in Russian real estate but is currently enacting deals in Mexico and Brazil. Speaking at the PropInvest Europe conference in B...

  • News

    Finnish state fund hails Aberdeen’s AIPP

    2006-02-13T00:00:00Z

    REAL ESTATE – The state pension fund of Finland has said how pleased it – as one of the lead investors – is with the first year of the Aberdeen Indirect Property Partners (AIPP) Fund. The fund-of-fund announced final closing at t...

  • News

    Partnership targets ‘low risk’ PPP projects

    2006-02-07T00:00:00Z

    REAL ESTATE - Land Securities Trillium and Mill Group have formed a 50/50 joint venture to bid for UK public private partnership (PPP) projects. The venture, Investment in the Community, will expand on Mill Group’s programme of the same nam...

  • News

    Henderson sets up property fund of funds

    2006-02-07T00:00:00Z

    REAL ESTATE - Henderson Global Investors has launched what it says is Europe’s first property fund of funds. The Indirect Property Fund Europe will invest in “eight or nine” funds across sub-sectors and geographical locations. ...

  • News

    UCITS real estate definitions revamped

    2006-02-07T00:00:00Z

    REAL ESTATE - More closed-end real estate funds could be marketed across Europe if the European Commission heeds advice from the Committee of European Securities Regulations (CESR). In a note published at the end of January, the CESR, which a...

  • News

    JP Morgan creates new development fund

    2006-02-07T00:00:00Z

    REAL ESTATE – JP Morgan Fleming Asset Management has put together a new investment fund called Excelsior II and attracted $450m of institutional capital for it. The money came from three large public pension funds, one of which was the New ...

  • News

    Ilmarinen real estate chief Kankuri exits

    2006-02-07T00:00:00Z

    REAL ESTATE – Ilmarinen Mutual Pension Insurance Co. has hired Esko Torsti to take over from real estate head Timo Kankuri. Kankuri is to join Jaakko Pöyry Infra as president of the building services and telecom -business area of J...

  • News

    A real estate new fund manager is born

    2006-02-07T00:00:00Z

    REAL ESTATE - A new real estate investment manager has been created - Quadrant Real Estate Advisors. This company has two parents, both Australian-based. The Mirvac Group is one while former senior executives of GMAC Institutional Advisors compris...

  • News

    Bidding war over Town & Country REIT

    2006-02-07T00:00:00Z

    REAL ESTATE - A bidding war has broken out for the rights to acquire Town & Country (TCT), the Baltimore, Maryland-based apartment REIT that owns 13,000 units on the eastern US seaboard. A third bidder entered the fray last week when investmen...

  • News

    Real estate no longer beating equities - Merrill

    2006-02-07T00:00:00Z

    REAL ESTATE – Real estate is no longer outperforming equities, despite continued strong money flows, says Merrill Lynch. “The start of 2006 has been strongly positive both for global equity markets and property shares,” Merrill s...

  • News

    Pennsylvania Public School Employees in $300m move

    2006-02-07T00:00:00Z

    REAL ESTATE - The Pennsylvania Public School Employees Retirement System has decided to invest $300m (€250.8m) into two new commingled funds. The fund has made a $200m commitment to the ProLogis North American Industrial Fund (a real est...