News – Page 868
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Head of real estate at MN departs
NETHERLANDS – Richard van Ovost leaves Dutch pension asset manager after eight years.
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Pension fund tenders global REIT mandate
IPE-QUEST – Continental European pension fund looking for $40m active strategy.
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Friday people roundup
GLOBAL – Pramerica, Four Seasons Hotels and Resorts, Deloitte Real Estate, Cube Capital
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KKR real estate fund tops $500m in commitments
NORTH AMERICA – Private equity firm has been building team since 2011 in US, Europe.
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Cordea Savills, Merchant to launch investment platform in Japan
ASIA – Business to offer products ranging from pooled funds to single-asset mandates.
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Asian investors to ramp up global real estate investments – CBRE
ASIA – Report estimates Asian investors will invest more than $150bn over next five years.
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Recovery in UK commercial real estate spreads beyond London
UK – Investors shift focus to opportunities outside London, including regional offices.
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US roundup: Alaska Permanent, Illinois Municipal
NORTH AMERICA – Alaska Permanent Fund Corporation earmarks $100m for US industrial.
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Real Capital Analytics unveils transaction-based indices
GLOBAL – Company launches set of repeat-sales commercial property indices for UK.
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CPPIB to acquire interest in Brazilian retail portfolio
GLOBAL – Canadian pension fund buys stake in Aliansce Shopping Centres for $480m.
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Debtors fail to reach consensus on refinancing Germany's IVG
GERMANY – Board now "carefully examining" whether to dissolve company.
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Debtors fail to reach consensus on refinancing Germany's IVG
GERMANY – Board now "carefully examining" whether to dissolve company.
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Aviva Investors launches infrastructure debt fund to target bank loans
EUROPE – Raises €425m in first closing, securing funds from three insurance companies.
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German institutions to lead Spanish property revival
SPAIN – Savills, Henderson highlight market recovery, while Union prepares to re-enter.
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NYSTRS makes $200m in real estate investments
NORTH AMERICA – Pension fund invests $100m in industrial fund managed by Cabot.
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Germany's answer to AIFMD makes waves in real estate
GERMANY – Local real estate investors adapt to newly adopted Kapitalanlagegesetzbuch.
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Scheme for Austrian lawyers considers foray into real estate
AUSTRIA – Pension fund says government's long-term investment projects 'also interesting'.
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Dutch giant APG to invest €170m in Japanese warehouses
NETHERLANDS – 'Club-style' fund to focus on modern facilities near Tokyo, Osaka.
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Friday people moves
GLOBAL – GSW, Mercer, AXA, Rockspring, CBRE, Pramerica, Schroders, Henderson, Invesco, Benson Elliot
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BNP Paribas buys into GOEF market with Depotbank deal
GERMANY – BNP Paribas Securities Services buys Commerzbank's Depotbank business for undisclosed sum.