Latest reports – Page 3321

  • News

    Wellcome Trust raises the bar on property

    2009-05-18T18:15:00Z

    GLOBAL - The Wellcome Trust will exercise extreme caution before making any new investments in real estate because of the unattractiveness of property relative to other asset classes and concerns about alignment of interest, according to its CIO Peter Pereira-Gray.

  • 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.

  • News

    AEW widens its logistical holdings

    2009-05-18T18:02:00Z

    EUROPE - AEW Europe has made a number of logistics investments across Europe for two of its closed-ended funds.

  • News

    Texas Teachers to revisit core strategy

    2009-05-18T18:00:00Z

    UNITED STATES - Teacher Retirement System of Texas is planning to invest approximately $500m (€368.2m) in core strategy real estate over the next 12 months.

  • Dynamism Down Under
    Magazine

    Dynamism Down Under

    May 2009 (Magazine)

    Sydney real estate is not immune to the current financial crisis and market downturn. But local advisers point to signs that suggest it can emerge strong. Paul Benjamin reports

  • Building ‘Chong’
    Magazine

    Building ‘Chong’

    May 2009 (Magazine)

    IPD faces many challenges in rolling out its real estate indices in Asia. Building trust is one of its biggest, as Kevin Swaddle explains

  • In a sober mood
    Magazine

    In a sober mood

    May 2009 (Magazine)

    This year’s MIPIM convention in Cannes was a smaller and far more sober affair than last year’s. Richard Lowe reports from the Mediterranean sun on an industry that looks to have come to terms with its problems

  • Ringing the changes
    Magazine

    Ringing the changes

    May 2009 (Magazine)

    INREV revealed last month that total returns for European non-listed funds were deep in negative territory. But the big story at the annual conference in Athens came from investors calling for changes. Richard Lowe reports

  • Magazine

    No going back

    May 2009 (Magazine)

    The message from the PREA spring conference is that while recovery is on the horizon, progress will be slow and painful. Although real estate will retain its central role in investment, there will be a return to fundamentals. Stephanie Schwartz-Driver reports

  • PropertyEU Archive

    KLP Fastigheter acquires five-star Radisson SAS in Stockholm

    2009-05-18T00:00:00Z

    Norway's KLP Fastigheter has acquired Pennfäktaren 12 from RBS Nordisk Renting in Stockholm. The property, which includes the five-star Radisson SAS Royal Viking Hotel. The 26,400 m[sup]2[/sup] Radisson SAS Royal Viking Hotel features 459 rooms, conference facilities, fitness centre, pool, spa, fish and seafood restaurant as well as the popular ...

  • PropertyEU Archive

    Hypo Real Estate appoints new CFO

    2009-05-18T00:00:00Z

    Troubled German property financier Hypo Real Estate Holding has appointed Alexander Freiherr von Uslar-Gleichen as its new chief financial officer (CFO) and member of the Management Board with effect from 1 October 2009.

  • PropertyEU Archive

    Nycomed Pharma signs new lease for Duna Tower

    2009-05-18T00:00:00Z

    Pharmaceuticals company Nycomed Pharma has signed a five-year lease agreement for 533 m[sup]2[/sup] office space on the 14th floor in the Duna Tower in Budapest owned by Real4You Immobilien. The new tenant will move into the office building in October 2009.

  • PropertyEU Archive

    Sistema-Hals buys Lubyanka Development

    2009-05-18T00:00:00Z

    Russian developer Sistema-Hals Group has acquired full ownership of a major development project in Moscow from AFK Sistema.

  • PropertyEU Archive

    Carlyle completes sale of London development

    2009-05-18T00:00:00Z

    Global private equity company Carlyle Group has sold its 107 Cheapside development in the City of London after a protracted legal battle with Irish buyer Menolly Investments, the company announced in a press release on Monday.

  • PropertyEU Archive

    Europa Capital secures funds for mall project in Slovakia

    2009-05-18T00:00:00Z

    Europa Capital, the general partner of Europa Fund II, and developer ConvergenCE have announced that their joint venture for the development of Solivaria shopping centre located in Presov, Slovakia has agreed a EUR 38.8 mln loan facility with UniCredit Bank's Slovak subsidiary in Bratislava.

  • PropertyEU Archive

    AREA and Aviva invest £65m in The Junction

    2009-05-18T00:00:00Z

    Apollo European Real Estate Fund III, managed by pan-European fund management group AREA Property Partners (AREA), has acquired a 40% stake in The Junction Fund for approximately £50 mln (EUR 56.7 mln).

  • PropertyEU Archive

    CBRE advises on largest industrial deal this year

    2009-05-18T00:00:00Z

    CB Richard Ellis has said it acted as adviser to Curzon Capital Partners II fund on the acquisition of a portfolio of seven distribution warehouses in the Netherlands and Germany. The deal, which generated gross proceeds of EUR 119.5 mln, was the largest pan-European industrial portfolio transaction this year. CCPII ...