Latest Alternatives News – Page 335
-
News
Goodman, Europa Capital to develop UK logistics
UK – Goodman and Europa Capital have entered into a joint venture to acquire land sites in the UK for the development of distribution and logistics properties.
-
News
Lack of European prime stock slows global transactional recovery
GLOBAL – The recovery in global real estate transactions has levelled off, driven by a constrained availability of prime properties in Europe, according to Jones Lang LaSalle (JLL).
-
News
OMERS, British Land team up to develop London's Cheesegrater
UK – Oxford Properties, the real estate division of Canadian pension fund OMERS, has entered into a 50:50 joint venture with British Land to develop the Leadenhall Building in the City of London, otherwise known as the Cheesegrater.
-
News
Real estate markets failing to recover in Italy, Japan
GLOBAL – The Italian commercial real estate market has continued its gradual decline in capital values in the first half of 2010, according to Investment Property Databank (IPD).
-
News
BP Pension Fund's Cubemaker joint venture buys ITV assets
UK – Cubemaker Partnership, the joint venture between the BP Pension Fund and Cube Real Estate, has acquired three commercial real estate assets from television company ITV for £11.3m (€12.9m).
-
News
Rockspring enters student housing through counter-cyclical strategy
UK – Rockspring Property Investment Managers has entered the student accommodation market for the first time with the acquisition of 123 Fountainbridge, Edinburgh, in a joint venture with Mansion Group.
-
News
Pension funds targeting US multi-family housing
GLOBAL – Multi-family housing has been identified as the favoured sector for investment in the US by a number of European pension funds, a position backed up by new research from Pramerica Real Estate Investors.
-
News
First Property wraps up USS mandate, returns to Poland
POLAND – First Property Group has returned to its previous business model of launching successive Polish opportunity funds, having concluded its mandate with the Universities Superannuation Scheme (USS).
-
News
Global investors flocking to German real estate market
GERMANY – The German commercial real estate market has seen in influx of international investors in 2010, accounting for 40% of all transactions in the first half of the year, according to Savills.
-
News
Invesco Real Estate backs hotels with second European fund
EUROPE – Invesco Real Estate has identified a €168m seed portfolio of hotels to help raise capital for its new pan-European hotel fund.
-
News
Scottish minister calls on pension funds to invest in affordable housing
GLOBAL – Pension funds have been called upon to invest as much as £1bn (€1.1bn) into affordable housing in Scotland in an effort to meet the growing demand in the sector.
-
News
GID takes over CalPERS apartment portfolio from BlackRock
GLOBAL – GID Investment Advisers has taken over the management of a core multi-family residential portfolio from BlackRock Realty Advisors on behalf of the $212bn (€152bn) California Public Employees' Retirement System (CalPERS).
-
News
Hermes seeks to increase liquidity for BT Pension Fund
UK – Hermes Real Estate is to sell the BT Pension Scheme's interest in the Bluewater Shopping Centre as part of a wider rebalancing of the portfolio away from "less liquid" indirect and joint venture holdings in the UK.
-
News
Oregon Retirement Fund considers larger commitments, club funds
GLOBAL – The Oregon Public Employees Retirement Fund is exploring the possibility of making larger investments into either commingled funds or separate accounts.
-
News
Property derivatives fund backed by major fund managers
UK – The first pure property derivatives fund, offering cheap exposure to the UK real estate market index, has been launched with backing from a number of institutional real estate fund managers.
-
News
Institutional investors back AEGON healthcare strategy
UK – AEGON Asset Management has secured two more institutional investors, through DTZ Investment Management, for its new healthcare real estate fund.
-
News
Carlyle combines buyout, real estate capital to fund B&B Hotel purchase
EUROPE – The Carlyle Group has acquired B&B Hotel Group, operator of 223 hotels across France, Germany and France, with equity from one of its private equity buyout funds and one if its real estate vehicles.
-
News
French commercial real estate returns to positive territory, says IPD
FRANCE – Commercial real estate in France has emerged from a two-year slump to record a six-month 1.6% capital appreciation, according to Investment Property Databank (IPD).
-
News
AMF makes largest Swedish transaction in over two years
SWEDEN – Swedish pension provider AMF and German open fund manager DEKA Immobilien Investment have executed the largest single real estate deal in the city of Stockholm for more than two years.
-
News
Texas Teachers approves $500m investment in retail REIT
GLOBAL – The Teacher Retirement System of Texas has approved a $500m (€371m) investment into General Growth Properties (GGP).
