Latest reports – Page 2896
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News
Property deal roundup
Helical, Helios, Tristan, Patrizia, BEOS, CPPIB, General Growth, Wainbridge Capital
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News
Florida State Board earmarks up to $1bn for property investment
Scheme to increase property allocation from 6.5% to 7% over next 12-24 months.
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Magazine
Why Europeans are buying and Canadians selling
Investment activity in the European hotel sector has picked up substantially, as evidenced by AXA Real Estate Investment Managers’ recent €132.9m portfolio acquisition for French institutions. But only a month prior, the Quebec state pension fund sold its near-50% interests in five Westin hotels as part of a tactical shift ...
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Magazine
OPERF retains control in Prologis deal
What looked at first like a straightforward fund investment turned out to be the mother of all contracts, complete with multiple caveats, opt-ins and get-outs. The recommendation document, presented to the Oregon Investment Council (OIC) for a “strategic partnership” between the $59bn (€41.6bn) Oregon Public Employees Retirement Fund (OPERF) and ...
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Magazine
Ground leases attract UK pension money
Returns are steady rather than stellar. But with characteristics that allow for liability-matching, inflation-hedging and a low-risk profile, it is not hard to see why pension funds might want to buy into ground rent funds.
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Magazine
Can CalPERS replicate Brazilian success?
The announcement that CalPERS and sustainability specialist developer Hines had recouped $160m (€111m) from the sale of their multi-asset, multi-city Brazilian real estate fund does not mark a vote of no-confidence in the BRIC market. Far from it.
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Magazine
Systemic risk endangers Asian tiger
Economist-gurus Nouriel Roubini and Gary Shilling, predictors of an eventual, property-induced hard landing for the Chinese economy, have been joined by ratings agency Fitch, which recently raised the possibility of systemic spread.
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Magazine
German vehicles drive on
Spezialfonds continue to grow in popularity as German institutional investors target property from Berlin to Warsaw. Shayla Walmsley reports
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Magazine
Foiled at the outset
A new generation of CMBS and CDOs has already hit the rocks. Shayla Walmsley asks what this means for the ailing securitised debt market
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Magazine
From fraud to fund strategy
The reputation of the Dutch real estate industry suffered another blow this year with the disclosure of a large fraud investigation. As Leen Preesman discovered, Dutch pension funds have other property-related matters to contend with
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Magazine
Popularity contest
Core domestic property – and infrastructure – is in high demand among Belgian institutional investors, but they are facing the problem of increasingly low yields as a result. Gail Moss reports
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Magazine
In the driving seat
Solvency II and demand for secure income are making France’s institutional investor community a driving force behind the French real estate recovery. Gail Moss reports
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Magazine
Safety first
The fact that PFA Ejendomme is invested in three development projects does not mean it is going all-out for risk. Director Michael Willumsen tells Shayla Walmsley why the pension fund subsidiary is sticking with core
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Magazine
Fear of heights?
Is now the time to move up the risk curve and consider value-add strategies? Shayla Walmsley talks to a number of investors, managers and advisers
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Magazine
The core conundrum
A widespread flight to quality has seen core real estate markets re-price significantly. Does this mean investors should move up the risk curve, into secondary assets and locations? There are no easy answers, Shayla Walmsley finds
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Magazine
Prime time
Partners Group has raised serious questions over investors’ flight to quality. Claude Angéloz talks to Richard Lowe about investing outside the core markets
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Magazine
Heat retention
Despite the economic uncertainty, some prime real estate markets remain attractive, says DTZ’s Fair Value Index. Ben Burston and Tony McGough report
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Magazine
Keep calm and carry on
The sovereign debt crisis in the euro-zone has imposed a new phase of uncertainty on the European real estate markets. Justin O’Connor looks at how investors should respond
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Magazine
The case for the defence
Recent research has seriously questioned the notion that real estate is an effective hedge against inflation. Joe Valente says such arguments are missing the point
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Magazine
Size matters
Prologis just got bigger, following its merger with AMB. European president Philip Dunne talks to Richard Lowe about managing an increased number of mandates and its recent ownership tussle with APG
