All Real Assets articles in May 2009 (Online) – Page 2
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News
Wellcome Trust raises the bar on property
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.
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News
USS keeps shopping for UK real estate
UK - The £28bn (€31.7bn) Universities Superannuation Scheme has bought large retail and industrial assets in the UK and plans to make more acquisitions in the near future as it looks to rebuild its domestic portfolio.
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News
Mercer expands global real estate operations
UNITED STATES - Mercer Investment Consulting is expanding its real estate consulting operation to pension fund clients around the world.
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Speed of property decline accelerated - RICS
GLOBAL – The pace of decline in global property capital values accelerated in the first quarter of 2009, particularly in Europe where price falls hit both western and emerging economies, according to the Royal Institute of Chartered Surveyors (RICS).
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News
SanFran CC to spend in real estate
UNITED STATES - San Francisco City and County Employees’ Retirement System is planning to invest capital in public REITs and the non-core sector of its real estate portfolio over the next year.
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News
UK property sees resurgence of interest
UK – Henderson Global Investors is the latest in a succession of managers to launch or close funds in the last two weeks targeting UK real estate.
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News
Progress unwinds domestic property
NETHERLANDS - Progress, the Dutch pension fund of food giant Unilever, has begun to divest its directly-held domestic real estate portfolio through a sale of 30 residential assets in the city of Nijmegen to a private investor.
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News
BP pension fund shops for real estate
UK - The £20.3bn (€23.1bn) pension fund for BP has bought an out-of-town retail park in the UK and an office building in London, and plans to invest a further £100-150m in its domestic real estate market before the end of the year.
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News
And the winners of the IPE Real Estate Awards 2009 are…
EUROPE - Ärzteversorgung Westfalen-Lippe was crowned Best European Institutional Investor last night at a glittering event in Amsterdam to celebrate this year’s IPE Real Estate Awards 2009.
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