Latest Real Estate News – Page 731
-
News
IPD update forces questions about UK recovery
UK – The latest results from Investment Property Databank’s (IPD) UK quarterly property index have prompted fund managers to question the sustainability of the market’s recovery.
-
News
Property bounce aides Belgian pension funds
BELGIUM – A study of 90 active pension funds by consultancy Mercer suggests Belgian pension funds returned a median of 18.5% on investments by the end of 2009, thanks to a rally in equities and real estate.
-
News
Clavis Walden paifs the way with new structure
UK – Clavis Walden has become the first fund manager to launch a property authorised investment fund (PAIF), an open-ended fund structure offering pension funds the same UK tax benefits as a real estate investment trust (REIT).
-
News
South Korea becomes latest to buy Gatwick stake
GLOBAL - The National Pension Service (NPS) of South Korea has agreed to buy a 12% stake in London’s Gatwick airport.
-
News
SURS takes conservative approach to real estate
UNITED STATE - State Universities Retirement System of Illinois (SURS) is planning to apply conservative growth to its 6% targeted allocation to real estate.
-
News
Nebraska nears investment in secondary market (amended)
UNITED STATES - Nebraska Investment Council is expected to put money in the secondary real estate market next month on behalf of its pension fund, and may make a $25m (€17.9m) investment in a Landmark Partners fund.
-
News
UK real estate recovery looking shaky - experts
UK – Economic forecasters and property market analysts have warned the recovery in UK commercial real estate market could be unsustainable.
-
News
Europe heading for 'slow' real estate recovery
EUROPE – European real estate faces a “long, slow haul” to recovery, according to the latest report from the Urban Land Institute (ULI) and PricewaterhouseCoopers (PwC).
-
News
PensionDanmark widens its real estate ground
DENMARK – Danish pension provider PensionDanmark has acquired commercial real estate let to other pension funds in Denmark, and plans to increase its property exposure significantly over the next three years.
-
News
Pension funds called on to invest in infrastructure
UK – The UK government has called on pension funds to consider investing in infrastructure, as officials admit hundreds billions of pounds of investments is needed over the next 10 years.
-
News
New Jersey to tap structured credit...while it can
UNITED STATES – The New Jersey Division of Investment has established a $300m (€212m) separate account with Och-Ziff Capital Management to invest in structured credit investment products.
-
News
Kansas PERS puts $150m into preferred REIT securities
UNITED STATES- Kansas Public Employees Retirement System has allocated $150m (€106m) to US preferred REIT securities through an existing REIT manager, Brookfield Redding.
-
News
NY Common signs up to public-private programme
US – The New York State Common Retirement Fund has invested in the US government’s Public-Private Investment Program (PPIP) via to third-party real estate fund managers.
-
News
Open real estate fund rules set to change
GERMANY – Large investors in German open real estate funds could be legally prevented from withdrawing their money at any time in situations where the funds are suffering liquidity problems.
-
News
Real estate appetite shifts towards tighter core market
EUROPE – European institutional investors have developed a lower appetite for risk and a desire for greater control over real estate investments over the past two years, according to the European Association for Investors in Non-listed Real Estate Vehicles (INREV).
-
News
Pramerica to target Mexican pension funds
UNITED STATES- Pramerica Real Estate Investors is creating a commingled investment fund which for the first time will encourage only Mexican pension funds to invest.
-
News
Inarcassa secures external route for real estate
ITALY – Italian fund manager Fabrica is to create and manage a new €600m real estate fund based on the property assets of Inarcassa, the Italian pension fund for self-employed engineers and architects in Italy.
-
News
Cordea Savills to tap income from UK real estate
EUROPE – Cordea Savills has secured capital commitments from three investors, including an unnamed European pension fund, for a new fund that will invest in core, income-producing commercial real estate in the UK.
-
News
SanFran CCERS moves assets from bankrupt Capmark
UNITED STATES – The San Francisco City and County Employees’ Retirement System is transferring the assets held in a separate account managed by Capmark Real Estate Equity Group following the asset manager’s bankruptcy.
-
News
Merged Immofinanz dismisses Warsaw listing
EUROPE – The merger of the Austrian real estate companies Immofinanz and Immoeast has been approved by the shareholder meetings but the new joint Immofinanz is unlikely to replace Immoeast on the Warsaw stock exchange.
