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

  • News

    More risk for little extra return

    2006-01-16T00:00:00Z

    Real estate investors will have to take on more risk to secure only marginally higher returns, according to Investment Strategy Annual, a survey of global real estate markets by LaSalle Investment Management. But the report believes European off...

  • News

    Protego taps PGGM exec for Dutch push

    2006-01-16T00:00:00Z

    NETHERLANDS – Protego Real Estate Investors has hired Peter de Haas, senior portfolio strategist for real estate at Dutch healthcare fund PGGM, to head its new Dutch office. He is to join the firm founded by Iain Reid, the former head of Abe...

  • News

    Tricon Capital invests in senior housing

    2006-01-16T00:00:00Z

    US: Tricon Capital Group has established a joint venture with Lakemont Homes to develop a 289-unit for seniors at Eskaton Village, Roseville, California. These “homes in the community” will range from around $350,000 to $450,000. I...

  • News

    UBS eyes Paris, buys in Munich

    2006-01-16T00:00:00Z

    UBS has acquired a €50m Munich office block for its recently-launched European office real estate fund, and expects to buy two more offices in Paris. The net initial yield from the German property is 8%. The UBS (Lux) Euro Value-Added Real ...

  • News

    High vacancies persist in European office buildings

    2006-01-16T00:00:00Z

    Seven major European cities will continue to face high vacancy rates in office buildings over the next two years despite a more robust European market, a new study claims. The study, compiled by German real estate fund provider Oppenheim Immobilie...

  • News

    Viva España – but Brits don't buy it

    2006-01-16T00:00:00Z

    UK investors are overcoming their reluctance to invest in continental European real estate – but not quickly enough, according to Ian Hally, head of real estate research at Scottish Widows Investment Partnership (SWIP). The potential for hig...

  • News

    Investors scramble for London assets

    2006-01-16T00:00:00Z

    Real Estate investors are showing no loss of appetite for London-based assets, according to a Jones Lang LaSalle market report. Last year exceeded all records with £15.38 billion of real estate traded – a 41% increase on 2004’s figur...

  • News

    RREEF buys AMB industrial portfolio

    2006-01-16T00:00:00Z

    US: RREEF has acquired the AMB Institutional Alliance Fund I industrial portfolio for $618 million. The investment manager made the purchase on behalf of its commingled fund RREEF America II. Industry experts have indicated that the cap rate on...

  • News

    LaSalle names Lyon as European finance head

    2006-01-09T00:00:00Z

    EUROPE - LaSalle Investment Management has appointed Jamie Lyon to head its European finance and operations as it gears up for another year of expansion via increasingly complex deals. Lyon, former finance director of developers ProLogis, will br...

  • News

    US schemes eye international real estate securities

    2006-01-09T00:00:00Z

    US - There is going to be more interest from US pension funds this year in investing in international real estate securities. One of the leaders in this trend will be the California Public Employees Retirement System. The pension fund is looking a...

  • News

    Hermes real estate team renamed, revamped

    2006-01-09T00:00:00Z

    UK – Hermes, the asset manager owned by the BT Pension Scheme, has restructured its real estate team in a bid to increase its market savvy. Under the new structure, dedicated fund managers will narrow their focus to concentrate on specific...

  • News

    PKA’s Gunnergaard to set up consulting firm

    2006-01-09T00:00:00Z

    DENMARK – Troels Gunnergaard, the head of property investment at Pensionskassernes Administration (PKA), has resigned to establish his own consulting firm, Gunnergaard Consult. IPE understands that Gunnergaard’s new consultancy will be...

  • News

    ING Real Estate boosts Asia team

    2006-01-09T00:00:00Z

    ASIA - ING Real Estate has charged its managing director for Singapore, Peter Wittendorp, with doubling assets under management in Asia to $3bn within two years. Wittendorp, who adds the newly-created position of chief investment officer to his c...

  • News

    Colonia names Aareal’s Krauss as CIO

    2006-01-09T00:00:00Z

    GERMANY – Colonia Real Estate has nabbed Edgar Krauss from Aareal as chief investment officer in a move it hopes will boost its ambitious acquisitions strategy. Stephan Rind, CEO of the Cologne-based firm, said Krauss’s appointment wo...

  • News

    Irish reserve fund plans €2bn real estate move

    2006-01-09T00:00:00Z

    IRELAND – Ireland’s €15.3bn National Pensions Reserve Fund is to divert 8% of its equity holding into real estate over the next five years after a strategic review revealed its cautious asset allocation formula was failing to maximi...

  • News

    DB Real Estate plans €1bn sale

    2006-01-09T00:00:00Z

    GERMANY – DB Real Estate, the property fund arm of Deutsche Bank, will sell €1bn worth of real estate holdings from its embattled core German fund to boost the fund’s liquidity, banking sources said. The sources, who asked not to...