All Real Assets articles in June 2007 (Online)
View all stories from this issue.
-
News
Pension funds reject Dutch road plan
NETHERLANDS - Dutch pension funds have dismissed proposals designed to encourage them to finance infrastructure projects. Three political parties – liberals, Christian Democrats and Liberal Democrats – last week jointly proposed the l...
-
News
Reed Smith targets Europe with DLA finance hire
UK - Terry Green is leaving London law firm DLA Piper to head up a major push into Europe for rival real estate lawyers Reed Smith Richards Butler. Speaking to IPE Real Estate earlier today, Green confirmed he will be leaving DLA Piper’s rea...
-
News
Developers Diversified reveals US investment offering
UNITED STATES - Developers Diversified Realty has unveiled a new retail investment fund called DDR Domestic Retail Fund I. A total of $539m (€401.7m) equity is invested in the commingled fund, of which around $430m or 80% of the equity came ...
-
News
Los Angeles Fire & Police expands real estate view
UNITED STATES- Los Angeles Fire & Police Pension System is taking a look at three separate real estate buys through a mixture of fund selection and direct investment. The pension fund’s real estate consultant, The Townsend Group, will su...
-
News
Institutional capital still flowing to Latin America - Pramerica
UNITED STATES - Latin America real estate is still seeing strong capital inflows and interest , according to a quarterly research report done by Pramerica Real Estate Investors. Much of that activity is happening in Mexico as the country is attrac...
-
News
AMB completes initial capital for European fund
UNITED STATES – European pension funds were key investors in the initial fund-raising period for AMB Europe Fund I commingled fund, according to AMB executives. John Roberts, president of AMB Capital Partners, said around 95% of the capital ...
-
News
China real estate AIMs for London listing
UK-CHINA - A former Watson Wyatt pensions adviser is a key member of a team seeking a London stock exchange listing for a Chinese real estate company. Stuart Leckie, former chairman of Watson Wyatt in Asia and founding chairman of the Hong Kong Re...
-
News
Polish bourse challenges AIM for property firms
POLAND - Warsaw Stock Exchange intends to challenge London’s Alternative Investment Market (AIM) as the destination for property firm flotations. Its claim follows the announcement last week from XXI Investments, a Ukrainian property devel...
-
News
Wall of money to stay firm for 2007 - DTZ
EUROPE - A report published by DTZ offers a largely optimistic prognosis for growth in European real estate markets – at least in 2007. The report, entitled Money into property, said a 25% increase in global investment transactions worth $6...
-
News
CalPERS commits $200m to Asia
UNITED STATES - California Public Employees Retirement System is the latest pension fund to further invest in Asian real estate after approving a $200m (€149.2m) commitment to the Asia Real Estate Securities Opportunity Fund. Jane Delfendahl...
-
News
Ambitious Italian fund targets 20% returns
ITALY - Managers of two funds launched last week claim they can harness scarce Italian real estate assets to generate well-above-average returns for pension fund investors. Cordea Savills’ Italian Opportunities Fund II will target returns o...
-
News
IVG to launch €2bn German REIT in 2008
GERMANY – IVG Immobilien, Germany’s biggest quoted real estate firm, has announced it will next year launch a German real estate investment trust (G-REIT) with around €2bn in commercial property assets. The German government lega...
-
News
RREEF gains space in Norwegian joint venture
NORWAY - RREEF is expanding its presence further into the Nordic region through a joint venture purchase of its first Oslo-based office block. The real estate subsidiary of Deutsche Bank has signed a joint venture with Norwegian-based real estate ...
-
News
Prupim enters Swedish property market
SWEDEN - Real estate investment manager Prupim has entered the Swedish property market by acquiring a €41m landmark office building in Kungsholmen. The company purchased the building – Paradiset 14 – on behalf of the M&G Euro...
-
News
Ennis Knupp to increase real estate presence
UNITED STATES - Ennis Knupp & Associates is seeking on expanding its expertise in the real estate asset class as the firm intends to hire four new people over coming months to increase its exposure to the asset class. Scott Brown, principal an...
-
News
Pension funds see Heitman hit double the target
UNITED STATES - Heitman has attracted pension fund institutional investors to the tune of $800m ($599.6m euros) for its commingled fund known as Heitman Value Partners II - double the size of its original $400m Heitman Value Partners offering. One...
-
News
Moody’s: investors are diversifying into timber
GLOBAL - Long-term cashflow, a need for diversification and growth prospects in a fragmented industry are pushing investors towards timber REITs, according to a report published by credit ratings agency Moody’s. The report claims this ?...
-
News
Dutch schemes consider rejuvenating industrial estates
NETHERLANDS - Dutch pension funds are showing an interest in investing in the rejuvenation of run-down industrial estates in the Netherlands. "Providing that our criteria are met, we are willing to look at solid proposals from both councils ...
-
News
China property growth 'sustainable’
CHINA - A 40% year-on-year increase in the number of sale agreements in the Hong Kong property market last year suggests an upward trend will continue in 2007, according to a report published by Vigers. The Hong Kong-based property consultants fou...
-
News
Yields drive pension funds to car parks
EUROPE - A Luxembourg-domiciled fund is promising to deliver pension funds above-average yields with a fund set up to invest €600—700m in Central European car parks. The Société d’Investissement à Capital Risque (S...
