Latest Real Estate News – Page 772

News
German roundup: AXA IM, infrastructure, Fleischhauer, Hoyer & Partner

2011-01-13T16:15:00Z

GERMANY – Out of Germany's 156 institutional investors, Pensionskassen were the only ones to identify direct real estate holdings as more risky than indirect investments in a survey commissioned by AXA Investment Managers.
News
SPMS awards Aviva Investors €350m property mandate

2011-01-13T14:45:00Z

GLOBAL – The €5.5bn occupation pension fund for Dutch medical consultants (SPMS) has appointed UK firm Aviva Investors as manager of its unlisted property.
News
PE fundraisers 'optimistic' for 2011 after a tough 12 months

2011-01-13T14:30:00Z

GLOBAL – The private equity-style real estate funds sector continues to struggle to raise capital from investors, as the latest study from Preqin shows that only 89 funds reached a close in 2010, raising $35.8bn (€27.2bn) in the process.
News
Arbuthnot UK real estate team enters JV with AEW Europe

2011-01-13T13:45:00Z

UK – The UK real estate team of Arbuthnot Real Estate Investment Management (ArbreIM) has left the company to form a new joint venture business with AEW Europe.
News
Harrison Street expands into the REIT management business

2011-01-13T13:00:00Z

GLOBAL – Harrison Street Real Estate Capital has moved into the REIT management business with the acquisition of Transwestern Securities Management, the REIT subsidiary of the real estate investment firm Transwestern Investment.
News
CalSTRS enters $1bn industrial joint venture with Panattoni

2011-01-13T13:00:00Z

GLOBAL – The California State Teachers' Retirement System (CalSTRS) has entered into a joint venture with the Panattoni Development Company to invest $1.15bn (€874m) in industrial and commercial real estate in the US and Canada.
News
AREA buys nine-property apartment portfolio in Texas

2011-01-13T12:45:00Z

GLOBAL – AREA Property Partners has acquired a multi-family portfolio in Texas totaling nine properties and 2,589 units for an undisclosed sum.
News
Transaction-linked index a 'gift' for asset allocation, says Mercer

2011-01-13T12:15:00Z

EUROPE – The transaction-linked index (TLI) being developed by IPD, which combines market valuations with traded prices, will be a "gift" when devising asset allocations for pension funds, according to Mercer.
News
CBRE Investors' opportunity fund takes over Atlantic Station

2011-01-10T14:15:00Z

GLOBAL – CB Richard Ellis Investors has acquired Atlantic Station in Atlanta, Georgia, from insurer AIG for its fifth US opportunity fund.
News
Cornerstone targets infrastructure for first European offering

2011-01-10T14:00:00Z

EUROPE – Cornerstone Real Estate Advisers Europe has launched its first European fund – a social infrastructure vehicle – since the US-based investment manager acquired Protego Real Estate Investors in 2009.
News
ATP signs off €700m for indirect real estate investments

2011-01-10T13:00:00Z

DENMARK – Denmark's largest pension fund, ATP, has allocated a further €700m to invest in real estate funds, joint ventures and club deals through its subsidiary ATP Real Estate.
News
Connecticut scheme seeks separate account manager

2011-01-10T12:30:00Z

GLOBAL – The Connecticut Retirement Plans and Trust Funds issued a Request for Proposal (RFP) for a separate account real estate manager at its December 2010 board meeting.
News
Kansas PERS makes $75m commitment to UBS Trumbull

2011-01-10T12:00:00Z

GLOBAL – The Kansas Public Employees Retirement System has signed a contract to allocate $75m (€58.1m) to the UBS Trumbull Property fund, managed by UBS Realty Investors.
News
Vasakronan makes Sweden's largest real estate purchase

2011-01-10T11:45:00Z

SWEDEN – Vasakronan, the real estate company owned by Sweden's national buffer funds, has acquired the Blåmannen 20 city block in Stockholm, known as Klara Zenit, in its entirety for SEK4.35bn (€487m).
News
Ohio Police & Fire issues redemption queues on open-ended funds

2011-01-06T15:00:00Z

GLOBAL – The Ohio Police & Fire Pension Fund has decided to issue redemption queues for two open-ended commingled funds in which it has invested.
News
CalPERS transfers National Office Partners portfolio to CommonWealth

2011-01-06T14:45:00Z

GLOBAL – The California Public Employees Retirement System (CalPERS) has transferred its National Office Partners real estate portfolio from Hines to CommonWealth Partners.
News
APG makes joint bid for ING's €1.9bn Australian property fund

2011-01-06T14:15:00Z

NETHERLANDS – The €266bn Dutch asset manager APG is part of a syndicate bidding for a €1.9bn ING property fund.
News
Dutch pension funds offload Rotterdam courts to GBA

2011-01-06T13:45:00Z

NETHERLANDS – A group including Dutch pension funds KPN and TNT has sold the Wilhelminahof offices and courts complex in Rotterdam for €220m to the Dutch Government Buildings Agency (GBA).
News
Invesco-Ciloger partnership acquires German properties for French institutions

2011-01-06T13:30:00Z

EUROPE – Invesco Real Estate and Ciloger have acquired 10 newly built retail assets in Germany for €218m on behalf of seven French institutional investors.
News
Insurers commit to European debt through AXA Real Estate

2011-01-06T13:30:00Z

EUROPE – AXA Real Estate Investment Managers has secured €1.5bn in insurance company capital to provide European real estate financing.