All Real Assets articles in May 2008 (Online) – Page 2

  • LGPI allocates €75m to Asian property
    News

    LGPI allocates €75m to Asian property

    2008-05-21T17:00:00Z

    FINLAND – The Finnish Local Government Pensions Institution (LGPI)has invested $75m (€48m) into an Asian real estate fund of funds managed by Aberdeen Property Investors (API).

  • North Yorks pension moves into property
    News

    North Yorks pension moves into property

    2008-05-20T15:17:00Z

    UK – The £1.2bn (€1.5bn) North Yorkshire County Council pension fund is adjusting its asset allocation and moving into real estate investment, as well as searching for an overseas equity manager.

  • Investors demand 'co-investment' as standard
    News

    Investors demand 'co-investment' as standard

    2008-05-19T16:50:00Z

    GLOBAL - Pension funds want fund managers to take a long-term stake in their own funds as a sign of confidence in their own products, according to Will Rowson, chief investment officer at ING Real Estate.

  • German retail ‘good for long term’
    News

    German retail ‘good for long term’

    2008-05-19T16:45:00Z

    GERMANY - Investors should invest in German retail for the long term, but exercise regional caution in a market characterised for strong demand and limited supply, according to fund manager Cordea Savills.

  • Q1 figures show flight to quality
    News

    Q1 figures show flight to quality

    2008-05-19T16:37:00Z

    GLOBAL - "Growth will fall – but not off a cliff." That is the latest prognosis for European property markets from LaSalle Investment Management.

  • Finnish VER to boost alternatives
    News

    Finnish VER to boost alternatives

    2008-05-19T16:35:00Z

    FINLAND – The €11.53bn Finnish first pillar Valtion Eläkerahasto (VER) pension scheme, is planning to increase its exposure to alternative investments to 10%.

  • Property corporate governance ‘varied’
    News

    Property corporate governance ‘varied’

    2008-05-19T16:30:00Z

    EUROPE - An EPRA study has shown there is no pan-European pattern in corporate governance across property firms – though the mean scraped a pass, scoring 9.73 out of 16.

  • Illinois Teachers harvests farming growth
    News

    Illinois Teachers harvests farming growth

    2008-05-15T17:25:00Z

    UNITED STATES – The Teachers Retirement System for the State of Illinois has sold its entire agricultural real estate portfolio for $340m (€220.2m) to TIAA-CREF.

  • Property investors see "mixed blessing" in SWFs
    News

    Property investors see "mixed blessing" in SWFs

    2008-05-15T17:19:00Z

    GLOBAL - Sovereign wealth funds' (SWF) growing appetite for core real estate is a mixed blessing for the institutional market, delegates heard at the IPD European Property Investment Conference in Berlin this week.

  • LaSalle rides the Mexican real estate bull
    News

    LaSalle rides the Mexican real estate bull

    2008-05-15T17:18:00Z

    UNITED STATES - LaSalle Investment Management believes Mexico as a country has strong real estate fundamentals for future investment possibilities as middle-class demand is creating new commercial projects.

  • Pennsylvania puts $925m beyond the core
    News

    Pennsylvania puts $925m beyond the core

    2008-05-15T17:16:00Z

    UNITED STATES - Pennsylvania Public School Employees’ Retirement System has approved $925m (€598.8m) into new real estate investments through a variety of non-core commingled funds.

  • Waterton moves into hotel
    News

    Waterton moves into hotel

    2008-05-15T17:14:00Z

    UNITED STATES - Waterton Associates is set to create a hotel investment fund for the first time in the company’s history.

  • LA Fire and Police survey property risks
    News

    LA Fire and Police survey property risks

    2008-05-15T17:06:00Z

    UNITED STATES - Los Angeles Fire and Police Pensions are considering investing as much as $300m (€194.1m) in real estate this year as part of its 2008 investment plan.

  • Bank of Finland scheme awards real estate mandate
    News

    Bank of Finland scheme awards real estate mandate

    2008-05-15T10:26:00Z

    FINLAND – Suomen Pankki, the Bank of Finland Pension Fund, has awarded Aberdeen Property Investors a real estate mandate valued at approximately €10m.

  • Austrian property outperforms, despite sector fall
    News

    Austrian property outperforms, despite sector fall

    2008-05-12T16:58:00Z

    AUSTRIA - Austrian real estate returns outperformed both equities and bonds in 2007, despite a decline in retail – the best performing sector.

  • Sponda sticks with Russia despite Finnish optimism
    News

    Sponda sticks with Russia despite Finnish optimism

    2008-05-12T16:56:00Z

    RUSSIA – Sponda’s chief executive Kari Inkinen said the Finnish property firm was on course for its planned Russian expansion despite a fall in interim profits from the same period last year.

  • Pirelli punts on Euro-property fund
    News

    Pirelli punts on Euro-property fund

    2008-05-12T16:53:00Z

    EUROPE - Pirelli Real Estate is targeting international pension funds with an opportunistic pan-European property fund it plans to launch early next year.

  • UK residential ready for institutions
    News

    UK residential ready for institutions

    2008-05-12T16:52:00Z

    UK - The UK residential market is ready for pension fund investors despite being fragmented and dominated by amateur property managers, according to property firm Nice.

  • Market, not credit, deters UK buyers
    News

    Market, not credit, deters UK buyers

    2008-05-12T16:48:00Z

    UK - Property investors are willing to borrow given the right terms, but they’re still not convinced the UK market is cheap enough to buy in, according to Jones Lang LaSalle.

  • Texas Teachers approves $862.5m in new structures
    News

    Texas Teachers approves $862.5m in new structures

    2008-05-08T15:55:00Z

    UNITED STATES - Teacher Retirement System of Texas approved $862.5m (€557.9m) in real estate commitments in April, including one deal which has the structure of a commingled fund but is in fact a separate account.