Latest Real Estate News – Page 742

  • News

    AEW boosts research function

    2009-06-15T17:48:00Z

    EUROPE - AEW Europe, which has €17bn in assets under management, has boosted its research function with the appointment of José Luis Pellicer to head the research function in London

  • News

    ATP trains its eye to 'club’ investments

    2009-06-08T18:01:00Z

    DENMARK – ATP Real Estate still has €300m of outstanding equity to put into the non-listed real estate markets, but has moved its focus away from large commingled funds to club deals with like-minded investors.

  • News

    UK commercial loans at risk of covenant breach

    2009-06-08T17:59:00Z

    UK – More than three-quarters of UK commercial real estate loans could be in breach of their loan to value (LTV) covenants and there could be up to £50bn (€57bn) of negative equity in the market, according to William Newsom, head of valuation at Savills.

  • News

    Kansas PERS expands into infrastructure

    2009-06-08T17:50:00Z

    UNITED STATES - Kansas Public Employees Retirement System has made its first ever investment in infrastructure with a $50m (€35.2m) commitment into the Brookfield Americas Infrastructure Fund.

  • News

    Germany overtakes UK as biggest European market – IPD

    2009-06-08T17:49:00Z

    EUROPE - The UK has dropped from second to fourth ranking in the global market, according to IPD.

  • News

    Mark turmoil encourages AlaskaPerm to rethink weightings

    2009-06-08T17:44:00Z

    UNITED STATES - The Alaska Permanent Fund Corporation has increased its targeted allocation to real estate from 10% to 13%, to help cope with the impact of the financial markets crisis on its portfolio.

  • News

    Investor alignment could solve 'diversity' problems

    2009-06-01T17:44:00Z

    GLOBAL - The common practice of having diverse investor bases in real estate funds poses significant challenges for pension funds’ due diligence, delegates heard at IPE Real Estate’s Investor Forum in Amsterdam last week.

  • News

    BPF Bouw alters real estate strategy

    2009-06-01T17:41:00Z

    NETHERLANDS – BPF Bouw, the €24.2bn pension fund for the Dutch building industry, plans to increase the size of its global indirect real estate portfolio but in doing so will aim for a greater weighting to European markets and core investments with little or no leverage.

  • News

    IPD unveils its first US property index

    2009-06-01T17:35:00Z

    GLOBAL - IPD, the provider of real estate performance analysis and benchmarking, had added US coverage to its range of country coverage with the launch of its first annual commercial real estate index and quarterly indicator for the United States.

  • News

    US recovery to be a slow haul - ING

    2009-06-01T17:31:00Z

    UNITED STATES - ING Clarion Partners has predicted there will be no quick recovery of the US real estate markets.

  • News

    Texas Employees signs real estate consultant

    2009-06-01T17:26:00Z

    UNITED STATES - Texas Employees Retirement System has selected RV Kuhns & Associates as its first ever real estate consultant.

  • News

    BP pension fund shops for real estate

    2009-05-26T17:07:00Z

    UK - The £20.3bn (€23.1bn) pension fund for BP has bought an out-of-town retail park in the UK and an office building in London, and plans to invest a further £100-150m in its domestic real estate market before the end of the year.

  • News

    Progress unwinds domestic property

    2009-05-26T17:06:00Z

    NETHERLANDS - Progress, the Dutch pension fund of food giant Unilever, has begun to divest its directly-held domestic real estate portfolio through a sale of 30 residential assets in the city of Nijmegen to a private investor.

  • News

    UK property sees resurgence of interest

    2009-05-26T17:03:00Z

    UK – Henderson Global Investors is the latest in a succession of managers to launch or close funds in the last two weeks targeting UK real estate.

  • News

    SanFran CC to spend in real estate

    2009-05-26T17:01:00Z

    UNITED STATES - San Francisco City and County Employees’ Retirement System is planning to invest capital in public REITs and the non-core sector of its real estate portfolio over the next year.

  • News

    USS keeps shopping for UK real estate

    2009-05-18T18:17:00Z

    UK - The £28bn (€31.7bn) Universities Superannuation Scheme has bought large retail and industrial assets in the UK and plans to make more acquisitions in the near future as it looks to rebuild its domestic portfolio.

  • News

    German investors to increase local exposure

    2009-05-18T18:14:00Z

    GERMANY - More than one-third of institutional investors active in the German real estate markets intend to increase their exposure to the region this year, according to German investment group Estavis.

  • News

    F&C Reit sees opportunity in distress

    2009-05-18T18:11:00Z

    GLOBAL - F&C REIT Asset Management has launched its first fund, an opportunistic institutional vehicle targeting distressed situations in the UK and with an internal rate of return (IRR) of more than 20%.

  • News

    Do your ‘debt’ due diligence - Partners Group (amended)

    2009-05-18T18:07:00Z

    GLOBAL - Debt is the new investment buzzword but a warning has been sounded about the critical importance of performing thorough due diligence on real estate debt products.

  • News

    Illinois Municipal moves MS assets

    2009-05-18T18:06:00Z

    UNITED STATES - Illinois Municipal Retirement Fund has become one of the first pension funds to transfer a separate account from Morgan Stanley Real Estate to another manager.