News – Page 1007
-
News
JLL sees sustainability lifting pension prospects
EUROPE – Regulation is likely to play a big part in the future of property valuation but could actually benefit pension funds, according to valuation experts at Jones Lang LaSalle (JLL).
-
News
Recession pressures force HSH to downsize
GERMANY – HSH Nordbank is to dismantle its real estate business in the United States and later Western Europe as part of its plans to downsize and cope with the tough economic climate.
-
News
Atis looks to 2010 recovery
EUROPE – Atisreal, part of BNP Paribas Real Estate, has predicted the decline in European commercial real estate investment activity will slow sharply this year but will then recover slowly in 2010.
-
News
Swedish pension funds buys from RREEF
SWEDEN – AMF, the SEK289bn (€24.7bn) Swedish pension fund, has bought an office building in Stockholm from RREEF, the alternative investment management business of Deutsche Bank’s Asset Management.
-
News
Maryland to invest in real estate this year
US – The Maryland State Retirement and Pension System (SRPS) has committed around $600m ($477m) to real estate funds for 2009.
-
News
US pension funds stick with Westbrook
UNITED STATES - Three pension funds in the United States have decided to keep their original commitments in the Westbrook Real Estate Fund VIII, despite being given the option to reduce their holdings.
-
News
CalSTRS signed just one deal in Q4
UNITED STATES - California State Teachers Retirement System significantly slowed its real estate investing during the last quarter of 2008 and added just one small investment to its portfolio.
-
News
Knight Frank warms to residential new builds
UK – London’s prime new build residential market is becoming increasingly attractive to investors and developers, and could be beginning to level out, according to Knight Frank’s 2009 London residential development review.
-
News
Climate Change to do its first sustainable property
UK - Climate Change Capital (CCC), the investment manager and adviser specialising in sustainable investments, has made the first purchase for its property fund.
-
News
Student accommodation reopens under revised terms
UK – Brandeaux has reopened its student accommodation fund this week by issuing a new share class and amending redemptions rules.
-
News
Office to recover in 2010 – C&W
GLOBAL – Global office property markets continue to face uncertainty and tough times ahead but should start recovering in 2010, suggests the latest research by Cushman & Wakefield.
-
News
INREV and IPD end data deal
GLOBAL - The European Association for Investors in Non-listed Real Estate Vehicles (INREV) has ended its agreement with the Investment Property Databank (IPD) to provide data and a fund index service.
-
News
Cordea makes new international signing
GLOBAL – Cordea Savills, the international property fund manager, has appointed Michael Flynn as global head of its institutional business.
-
News
Sweden sees first signs of real estate downturn
SWEDEN – Swedish commercial real estate returns fell to -3.3% in 2008, according to latest figures from the SFI/IPD Index published by the Investment Property Databank (IPD).
-
News
Quebec loses a fifth on real estate
CANADA – The Caisse de dépôt et placement du Québec’s real estate portfolio declined by 21.9% in 2008, contributing to a loss worth a quarter of the firm’s total value.
-
News
Lancashire lays groundwork for infrastructure investing
UK - The Lancashire County Council Pension Fund is considering investing around £80m (€89.55m) in infrastructure as part of a new strategy to diversify its investments.
-
News
Preqin reveals record debt interest
GLOBAL – Distressed debt fundraising from institutional investors reached record highs in 2008 as a result of the volatile markets, according to Preqin’s latest monthly report.
-
News
Pension funds to raise real estate holdings to over 10%
GERMANY – German retirement vehicles are among the institutional investors planning the largest increase in their real estate holdings over the next two years, according to research conducted by Feri Advisors.
-
News
Real estate holding lessened pain for OMERS
CANADA – The Ontario Municipal Employees Retirement System (OMERS) suffered an overall net loss of $8bn (€6.25bn) in 2008, although its real estate investments performed relatively well despite the financial downturn.
-
News
Fund fall forces Alaska to shelve alternatives plans
US – The Alaska Permanent Fund Corporation (APFC) Board has scrapped some of its alternative investment plans following the corporation’s decline in value in 2008.
