Latest reports – Page 3378

  • Magazine

    Efficiency drive

    January 2009 (Magazine)

    The new harsh economic reality will add additional tax challenges – and opportunities – for the real estate fund management industry, say John Whitehead and Siobhan Godley

  • Power to negotiate
    Magazine

    Power to negotiate

    January 2009 (Magazine)

    Investors should scrutinise the management they are paying for to test the appropriateness of the fees paid, says Frank Rackensperger

  • Too much, too little, too   late?
    Magazine

    Too much, too little, too late?

    January 2009 (Magazine)

    Fees designed for a seller’s market have survived into a buyer’s one. So are the old structures still working – and, if they aren’t, what are pension funds going to do about it? Shayla Walmsley reports

  • New reality, new priorities
    Magazine

    New reality, new priorities

    January 2009 (Magazine)

    The downturn has moved alignment of interests and the use of INREV Guidelines up the agenda while the appetite for higher-risk investments remains in spite of the increased volatility. Andrea Carpenter presents the findings of INREV’s 2009 Investment Intentions Survey

  • No room to manoeuvre
    Magazine

    No room to manoeuvre

    January 2009 (Magazine)

    Evidence suggests that pension funds remain committed to real estate in the medium term despite the recent turmoil in the markets. Yet, in the short term many are finding it difficult to commit to new investments as the denominator effect takes hold. Richard Lowe reports

  • Emerge stronger
    Magazine

    Emerge stronger

    January 2009 (Magazine)

    The opportunity fund model must sink or swim as it faces its greatest stress test as the recession begins to bite. Steve Hays reports

  • Magazine

    Funds apply the brakes

    January 2009 (Magazine)

    A reluctance to commit capital to new real estate investments today can be seen in the number of US pension funds delaying manager searches. Jon Peterson reports

  • Limited ambition
    Magazine

    Limited ambition

    January 2009 (Magazine)

    In Italy real estate is out of favour among institutional investors. The older-established funds are reducing their allocations and the new-style funds have limited opportunities to invest in property. Christine Senior reports

  • New Scope
    Magazine

    New Scope

    January 2009 (Magazine)

    Allocations to real estate by institutional investors in France have been modest and diversification limited. But efficient REITs and the new OPCI have stimulated investment. Christine Senior reports

  • Take stock
    Magazine

    Take stock

    January 2009 (Magazine)

    The state pension fund of Finland is aiming to grow its real estate exposure over the coming years. But managing director Timo Löyttyniemi tells Richard Lowe how the current market uncertainty has prompted VER to review its existing investments

  • Priceless property
    Magazine

    Priceless property

    January 2009 (Magazine)

    As transactional data has almost entirely dried up, the true market value of real estate is shrouded in uncertainty. Richard Lowe speaks to three pension funds about what this means for their existing portfolios and investment strategies

  • Quis custodiet ipsos custodes?
    Magazine

    Quis custodiet ipsos custodes?

    January 2009 (Magazine)

    The collapse in CMBS was followed by a loss of confidence in the organisations that ‘rated’ these products. Colin Lizieri asks, how do we eradicate the moral hazard and restore confidence in ratings?

  • Get a grip
    Magazine

    Get a grip

    January 2009 (Magazine)

    Ditch debt and downgrade return expectations – then focus on tomorrow’s problems. Industry leaders tell Shayla Walmsley what we should learn from the current crisis

  • Cranking the levers of power
    Magazine

    Cranking the levers of power

    January 2009 (Magazine)

    Capital constraints and the massive demand for loan refinancing are likely to cause substantial defaults in the US and Europe, as Anish Shah and Clint Myers report

  • PropertyEU Archive

    CBRE opens China desk for EMEA region

    2009-01-26T00:00:00Z

    CB Richard Ellis (CBRE) has opened a China Desk to co-ordinate inbound and outbound cross-border activity between the Europe Middle East and Africa (EMEA) region and Greater China. The broker said that there is growing interest among its clients in investing in the Asian tiger.

  • PropertyEU Archive

    Degi ends suspension of redemption for Degi International

    2009-01-26T00:00:00Z

    Degi, part of Aberdeen Property Investors, will end the three-month suspension of redemptions for its Degi International fund effective 30 January 2009. It is the first of 12 temporarily frozen German open-ended funds to end a ban on withdrawals implemented in end-October. Credit Suisse Asset Management, Morgan Stanley, AXA, KanAm ...

  • PropertyEU Archive

    Top 5 deals, Week 4 (19 - 23 January 2009)

    2009-01-26T00:00:00Z

    The largest real estate investment transaction reported by PropertyEU between 19 - 23 January 2009 was the acquisition by HongKong and Shanghai Hotels (HSH) of 20% of Centre International de Conferences in Paris from Qatari Diar for EUR 100 mln.

  • PropertyEU Archive

    PWC sees rental cuts for UK retailers

    2009-01-26T00:00:00Z

    Financially troubled retailers have been closing more than two in five stores in the UK as the high street comes under increased pressure, according to a new report issued by PricewaterhouseCoopers (PwC) on Friday. PwC examined the administration announcements of 22 troubled retailers and found that on average they were ...

  • PropertyEU Archive

    Investment in UK shopping centres falls by 75%

    2009-01-26T00:00:00Z

    Investment in UK shopping centres fell by nearly 75% in 2008 to only £1.47 bn (EUR 1.56 bn), down from 2007's total of £5.47 bn according to the latest figures from global real estate adviser Cushman & Wakefield.

  • PropertyEU Archive

    Land Securities completes sale of Fleet St for £74m

    2009-01-26T00:00:00Z

    Land Securities has completed the sale of its Fleet Street Estate to the City of London Corporation for £74 mln (EUR 78 mln). The Fleet Street Estate comprises eight adjoining self-contained buildings which provide an aggregate lettable floor area of 18,628 m[sup]2[/sup].