Latest IPE Real Assets news – Page 1077
-
News
Dutch real estate survey highlights investor 'sophistication'
NETHERLANDS – The latest Investor Universe Netherlands survey shows the Dutch institutional real estate market is large, sophisticated and with considerable overseas exposure.
-
News
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.
-
News
MGPA's opportunity fund targets €200m of German retail
GERMANY – MGPA's European opportunistic real estate fund has acquired 140 ALDI SÜD stores in Germany as it seeks to deploy close to €200m of capital in the country's retail sector over the next six months.
-
News
INREV's Carpenter to build up Asia-Pacific cooperation
GLOBAL – The European Association for Investors in Non-listed Real Estate Vehicles (INREV) has sent its former acting chief executive Andrea Carpenter to work with its counterpart in the Asia Pacific region, ANREV, on a temporary basis.
-
News
Portfolio deals on the rise as ING sells Canadian industrial fund
GLOBAL – Alberta Investment Management Corporation (AIMCo), which manages more than CA$70bn (€51.6bn) for Alberta pension schemes, is to acquire a 50% stake in the CA$2bn ING Summit Fund.
-
News
Oklahoma Teachers selects three core managers
GLOBAL – The Teacher Retirement System of Oklahoma has hired AEW Capital Management, Heitman and L&B Realty Advisors as its open-ended, core commingled fund managers.
-
News
Orange County ends separate account relationship with American Realty
GLOBAL – The Orange County Employees Retirement System has decided to end its separate account relationship with American Realty Advisors.
-
News
Malaysian pension fund allocates €1.2bn to UK property
GLOBAL – Malaysia's first-pillar pension scheme has allocated £1bn (€1.2bn) to UK real estate in expectation of a long-term annual yield of 6-7%.
-
News
Investors shunning PE funds, keeping cash for JVs
GLOBAL – Institutional investors are holding back from private equity real estate funds, preferring to hold on to their capital or channel it into direct investment and joint ventures, according to Preqin, the private equity data firm.
-
News
RREEF: Seoul 'safer than London'
GLOBAL – Investors will take refuge in Asian markets from "considerably riskier" developed markets such as London, according to RREEF Germany managing director Clemens Schaefer.
-
News
Dutch manager PGGM moves into US retail amid rising residential prices
NETHERLANDS – PGGM is to expand its focus from US housing to retail, citing growing demand for residential and supply scarcity.
-
News
Merseyside pension scheme tenders for property asset manager
UK – The £4.2bn Merseyside Pension Fund (MPF) is tendering the position of property asset manager for its UK-based direct real estate investments.
-
News
Institutional investors could allocate 25% to open real estate, academics say
GLOBAL – A manager could invest as much as one-quarter of his portfolio into open real estate funds and still boost performance while decreasing risk, according to researchers from the German WHU Otto Beisheim School of Management and the Ludwig-Maximilians university in Munich.
-
News
Åström, Otterud join forces to found Custor Capital
GLOBAL – Real estate fund-of-funds pioneers Anders Åström and Tomas Otterud have teamed up with former AP1 CIO Bo Ljunglöf to establish an independent investment firm targeting institutional investors.
-
News
Mexico's Afores commits €231m to industrial strategy
MEXICO – The Administradoras de Fondos de Pensiones (Afores), which manages Mexico's private pension fund system, has continued to increase its exposure to alternatives by committing capital to an industrial real estate fund.
-
News
CPPIB, Future Fund recapitalise Australian shopping centre fund
GLOBAL – Canada Pension Plan Investment Board (CPPIB) and Australia's Future Fund have helped recapitalise a flagship Australia shopping centre fund by agreeing to invest A$750m (€524m) between them.
-
News
US real estate emerges from downturn, but investors still unsure
US – Capital value movements have returned to positive territory in the US after two and a half years of write-downs, but economic doubts are preventing a rush of capital from investors, according to Investment Property Databank (IPD).
-
News
LACERA earmarks $350m for real estate investment
GLOBAL – The Los Angeles County Employees Retirement Association (LACERA) has approved its real estate investment plan for the 2010-11 fiscal year, provisionally earmarking $350m (€277m) for investment.
-
News
Nebraska puts $63m into core commingled funds
GLOBAL – The Nebraska Investment Council (NIC) has approved $63m (€49.6m) worth of real estate commitments into core open-ended commingled funds.
-
News
Norway Global excludes companies for breaching Geneva Convention
EUROPE – The NOK2.8trn (€352bn) Government Pension Fund Global (GPFG) is planning to exclude two Israeli companies and one Malaysian company, worth a combined NOK15m, from its investment universe.
