More Top Stories – Page 878
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News
Dr. Lübke lands partners to boost residential business for institutions
GERMANY – Conwert's Jürgen Kelber and Barclays' Ralf Kind to join company.
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Pension Protection Fund to diversify real estate holdings
UK – Lifeboat scheme seeks up to dozen managers to oversee Asia-Pacific, US property commitments.
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Royal Institution of Chartered Surveyors calls for action on UK house prices
UK – Industry, however, rejects 'knee-jerk' reaction, says fears of bubble premature.
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Croatian pension funds may take part in road-monetisation scheme
CROATIA – Second-pillar funds have opportunity to invest in more than €3bn of motorway debt.
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Friday people roundup
GLOBAL – AFIRE, Allianz, Atrium, AMP, Aviva, BPF, Carlyle, Hahn, Mayfair, NCC, Patrizia, Peakside
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CalSTRS increases long-term real estate allocation
NORTH AMERICA – Pension fund makes decision after completing yearlong asset, liability study.
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Wyoming State sets aside $250m for real estate
NORTH AMERICA – Fund already OKs $150m investment into Northwood Real Estate Partners.
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Analysis
AFIRE conference: The sun shines in San Francisco – for now
The conference announced real estate's 'time in the sun', but forecasts were for a mixed outlook.
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Direct property investment, fund returns pick up in Q2 – IPD
GLOBAL – Funds show 8.2% net return for year ending June 2013, IPD says.
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Norwegian oil fund adds to US holdings with Manhattan office deal
GLOBAL – Government Pension Fund Global buys nearly half of 47-floor New York office block.
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Analysis
Conference report: EPRA in Paris
Uncertainty over interest rates casts long shadow, Rachel Fixsen reports.
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PensionDanmark calls for socially responsible construction code
DENMARK – Danish pension fund initiating talks with big private, public contractors.
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AFIRE conference: Chinese insurers to follow 'landmark transaction'
GLOBAL – Goodwin Gaw claims regulators tacitly encouraging insurers to invest in real estate.
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PGGM to invest in offshore natural gas pipeline network
NETHERLANDS – Asset manager to take 33.2% stake in owner of Northern Offshore Gas Transport.
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Unipension extends responsible investment guidelines
DENMARK – Danish pension fund's guidelines to cover real estate, private equity.
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La Française, Forum enter into European partnership
GLOBAL – Asset managers aim to launch senior debt fund before end of this year.
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Norway urged against split of oil fund, standalone real estate vehicle
NORWAY – Conservative Party's proposal to split fund would 'jeopardise economies of scale'.
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Florida looks to expand international real estate
NORTH AMERICA – Pension fund thinking to set aside $200m for private real estate programme.
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Analysis
IFRS rules could boost real estate investment – academics
EUROPE – More than €186bn of real estate investment could flow into European stock markets.
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Public funding should not 'crowd out' private long-term capital – OECD
GLOBAL – Revised principles for long-term investing drop mention of prudent person principle.