All News articles – Page 1205
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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,...
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IPE-QUEST: Two new searches on system
GLOBAL – There are two new searches on IPE-QUEST.com. One is for a US and Canada real estate manager, and the second is for an Asia Pacific (including Japan) real estate manager. More than one manager can be selected for each region. ...
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Shurgard reconsiders
US – After rejecting unsolicited buy-out overtures from self-storage REIT giant, Public Storage, for four months, the board of US self-storage REIT Shurgard Storage Centers has done an about-face and decided to explore the sale of the company. ...
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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…
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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...
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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...
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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...
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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…
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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...
