News – Page 1052
-
News
New Jersey tries on separates
UNITED STATES - The New Jersey Division of Investment is shifting into the use of real estate separate accounts and has hired General Motors Investment Management for a $150m (€106.4m) equity mandate.
-
News
RREEF expects US cap rates to climb
UNITED STATES – RREEF has predicted cap rates on the purchase of existing US properties will rise by 50 basis points by the end of 2007.
-
News
Ex-army ‘new town’ set for sale
UK - The UK government is to sell off decommissioned land earmarked for the development of a new town in southeast England.
-
News
INREV data 'will make fees more transparent'
EUROPE - New guidelines have been published which are expected to increase the transparency of management fees for private property funds.
-
News
IPD reveals global property outshone Europe
GLOBAL - Global real estate performed well last year, according to IPD figures published, delivering returns only slightly down on their 2005 peak.
-
News
UK hotel buy bucks prime trend
UK - Deutsche Bank real estate subsidiary RREEF has bucked a trend towards international prime hotel acquisition by acquiring the Four Pillars Hotel Group, which has five mid-sector assets in Oxfordshire and Gloucestershire.
-
News
US pension funds buy opportunity
UNITED STATES - Pension funds in the United States are investing more capital into commingled funds with opportunistic investment strategies.
-
News
Berkshire trades direct property for fund
UK - The £1.4bn (€2.1bn) Berkshire pension fund has made a £15m investment into BlackRock's UK property fund.
-
News
Pension funds fuel urban investment trend
UNITED STATES - Pension funds in the United States are putting more capital into an urban investment strategy on the back of young professionals’ demand.
-
News
LACERA to fund account through real estate sale
UNITED STATES - Los Angeles County Employees Retirement Association has approved an annual real estate investment plan for 2007/2008 which will see property worth $700m sold and as much as $900m (€648m) invested through a domestic separate account strategy.
-
News
Land investment is the new real estate
UNITED STATES - Real estate managers are investing in land as a new specialist investment strategy.
-
News
CalSTRS extends senior housing exposure
UNITED STATES - California State Teachers Retirement System has expanded an existing joint venture with California-based Vintage Senior Advisors and invested more money in its senior housing venture.
-
News
Sustainability to split real estate pricing - DTZ
EUROPE – Real estate manager DTZ is predicting Europe will eventually develop into a two-tier property market which prices less energy-efficient real estate at a discount.
-
News
F&C property trust to decide whether to quit
UK - Negative investor sentiment towards UK property has driven the F&C Commercial Property trust to convene an extraordinary general meeting (EGM) to decide on its own future.
-
News
REITs ‘waiting for long-term investors’
UK - Critics of the poor performance of UK REITs since their launch in January are failing to understand they’re a long-term investment, according to Dave Butler, programme coordinator at UK-based campaigning group REITA.
-
News
Pension funds to bankroll public projects
GLOBAL - Governments will compete to harness private sector infrastructure investment over the next decade, according to a report published by Ernst & Young.
-
News
Investors turn to active management
EUROPE - Investors will increasingly opt for active management as “indiscriminate yield compression” in Europe ends, according to Aberdeen Property Investors.
-
News
San Bernardino eyes structured finance over Asia
UNITED STATES - San Bernardino County Employees’ Retirement Association has expanded its real estate investment program to the Asian markets for the first time by investing $40m (€28.9m) in two commingled funds but is now turning attention to the structured finance sector.
-
News
Investment managers supply industrial property access
UNITED STATES - Real estate managers looking after major US pension funds' assets are still seeking large industrial deals to accommodate the local pensions market.
-
News
Montana State grows international focus
UNITED STATES - Montana State Board of Investment has increased its exposure to international real estate with committing capital to two new commingled funds.
