More Top Stories – Page 917
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European investors returning to funds, says Patron's Breslauer
EUROPE – Unexpected number of Europeans back €880m fund to gain access to distressed deals.
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ATP, PFA Pension and PensionDanmark team up on office development
DENMARK – Danish pension funds to develop silos in Copenhagen into office building.
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Cornerstone replaces Patriot Fund portfolio manager
UNITED STATES – Former Townsend manager Terri Herubin takes over from Brian Murdy.
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UK pension funds back government infrastructure project
UK – Mercer describes government's lack of detail around guarantee scheme as 'striking'.
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Texas Teachers backs CBRE GI/Wood Partners with $100m
UNITED STATES – Commitment to apartment development strategy follows previous investments.
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German roundup: Scope, GRR, Patrizia, G-REIT
GERMANY – Real estate funds of funds 'will not recover' from current crisis, Scope warns.
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Hungarian, Romanian property 'better than people see in papers'
EUROPE – Austrian property firm S-Immo cites positive influence of Brussels on CEE region.
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US roundup: San Diego City Employees, Santa Barbara County Employees
NORTH AMERICA – San Diego City acquires first-ever New York apartment on direct basis.
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Deutsche Bank to integrate asset management divisions
GERMANY – New asset and wealth manager to serve as bank's 'fourth business pillar'.
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Three-month investigation clears Ilmarinen executives of bribery
FINLAND – Probe centred on €1.8m sale-and-leaseback deal signed with Finnair CEO.
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German roundup: Aberdeen, Warburg-Henderson, UBS RE, Hansainvest, MGPA
GERMANY – Aberdeen Immobilien KAG launches residential Immobilien-Spezialfond.
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Middle Eastern sovereign wealth funds keeping faith in real estate
GLOBAL – Cushman & Wakefield study says Saudi Arabia poised to become more active global investor.
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Kiran Patel appointed CIO at Cordea Savills
EUROPE – Industry veteran was previously global head of business development at AXA Real Estate.
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Investor-backed GRESB announces best sustainability performers
GLOBAL – Sustainable benchmark for real estate funds, listed companies launched at EPRA conference.
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TIAA-CREF buys UK shopping centre from Grosvenor fund
GLOBAL – Deal fits with strategy to invest in high-quality, 'regionally dominant' shopping centres.
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EPRA takes two-pronged approach to bolster European listed real estate
EUROPE – Maastricht University research blames pension fund underperformance on lack of REIT exposure.
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Chambers Street snaps up industrial development in Germany
GERMANY – Company arranges deal through joint venture with Goodman Group.
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APG touts potential of 'inflation-related' infrastructure loans
NETHERLANDS – Dutch giant makes first foray into 'new asset class' with loan to local road-building project.
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UK moves to encourage institutional investment in UK housing
UK – Government to guarantee up to £40bn for infrastructure projects, £10bn for new homes.
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AXA joint venture buys Kings Cross office from BNP Paribas
EUROPE – €300m deal involves redevelopment of mixed-use office and retail asset.
