All articles by Jim Robinson – Page 2
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Norges Bank to acquire 50% stake in €1.4bn Paris portfolio
Joint venture with AXA REIM follows similar deal on Crown Estate portfolio in London.
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Property deal roundup: OMERS, Metric, USAA, Cambridge Development Group
GLOBAL - The Ontario Municipal Employees Retirement System (OMERS) has acquired a 50% stake in London’s MidCity Place from a US private equity firm. The price of the acquisition, made by the CAD53bn (€37.9bn) pension fund’s Oxford Properties subsidiary, has not been disclosed. In a statement, ...
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CEO at German property firm IVG Immobilien to step down
CFO Wolfgang Schäfers to succeed Gerhard Niesslein at beginning of November.
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PensionDanmark wins Best European Investor at IP Real Estate Awards
Partnership between APG, PGGM, USS and Maastricht University wins Outstanding Industry Contribution award.
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Roubini: US political deadlock could spark next 'bond revolt'
Economist says 'bond-market vigilantes' will eventually wake up and notice advanced economy sovereign risk.
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GE Capital RE secures €240m in equity for Polish retail fund
Fund seeded with nine high-quality shopping centres located in seven major Polish cities.
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Bouwfonds REIM to launch second European parking fund
Parking Fund I is currently fully invested and has a projected return of more than 9%.
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PGGM commits €57m to Chinese real estate joint venture
GLOBAL – A joint venture between UBS Global Asset Management and Gemdale Corporation has completed a second successful closing after Dutch investor PGGM agreed to commit as much as $75m (€56.6m) to Chinese real estate.
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Thursday people roundup
GLOBAL – AXA Real Estate, Quintain, Charter Real Estate Investment Trust, CB Richard Ellis, ZBI Central Real Estate, WP Carey
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Hermes Fund Managers appoints real estate head after two-year search
UK – Hermes Fund Managers has appointed Chris Taylor as chief executive of Hermes Real Estate Investment Management.
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Luxembourg Fund Partners to launch high-tech fund for CEE region
EUROPE – Luxembourg Fund Partners is set to launch a fund focusing on high-tech real estate in central and eastern Europe (CEE).
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Brookfield Properties reinvents self, invests $1.4bn in offices
GLOBAL – Brookfield Properties is planning to invest more than $1.4bn (£885m) in 16 offices across Australia held by Brookfield Asset Management and reposition itself into a "global, pure-play office property company".
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No risk of major crash in Chinese property market, says Henderson
GLOBAL – The Chinese real estate market may be surging, but it is at no risk of crashing and burning, according to Henderson Global Investors.
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