More Top Stories – Page 1124
-
News
Macquarie Goodman prepares Hong Kong REIT
Macquarie Goodman is expected to be third in line to launch a Hong Kong REIT. The move is expected sometime in early 2006, according to Colliers director in Hong Kong, Herrick Lee. Lee says that following on from the Link and Prosperity REITs,...
-
News
Pension funds surge into US REITs
US – Several large public pension funds are preparing to jump into publicly traded real estate securities (REITs). Industry insiders are predicting that $500m (€422m) of new capital will be invested in REITs by public pension funds ov...
-
News
LaSalle IM gets €4.1bn boost
GLOBAL – LaSalle Investment Management, the asset management arm of Jones Lang LaSalle, has gained $5bn (€4.1bn) in assets under management in the past year. JLL said in its third-quarter report that Lasalle IM’s investments were “exceeding expect…
-
News
US REIT group NAREIT names chairman
US - Scot Sellers of Archstone-Smith is to take over as chairman of the trade US real estate investment trust trade body NAREIT. Sellers, chairman and chief executive at Archstone, will take over at the National Association of Real Estate Investme...
-
News
UK REIT uncertainty “overdone” – Merrill Lynch
UK – Uncertainty over real estate investment trusts in the UK is “overdone” Merrill Lynch reckons. “We think fears and uncertainty on bonds, yield compression, consumption and REITS, are all overdone,” Merrill said in a research note. “There ha...
-
News
ING Real Estate management shakeout
NETHERLANDS - Jan Eijkemans, general manager of ING Real Estate Development, has quit to make room for new management at the unit. The departure is the second senior figure to leave recently. In September, Paul Trip, chief executive of development...
-
News
Real estate demand key says Oppenheim
GERMANY – Real estate has been identified as an important source of institutional demand by the head of asset management at German private bank Sal Oppenheim. “Real estate will be an important demand source in the next years,” said Bernd Borgmeier...
-
News
MN Services eyes real estate partnerships
NETHERLANDS – Dutch pension group MN Services has revealed it is looking for partnerships in the real estate sector. The admission comes after a series of real estate executives left the firm earlier this year. “We’re also looking for partnersh…