News – Page 922
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Thursday people roundup
CBRE, Green Rating Alliance, Rockwood, Cushman & Wakefield, Cordea Savills
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Prupim in discussions over green metric for ‘baffled’ investors
Union Investment survey also finds investor dissatisfaction over sustainability criteria
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IC Immobilien acquires Ellwanger & Geiger’s property management arm
Both firms have entered into strategic cooperation agreement
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Real estate investors to focus on income over yield – Aviva Investors
Survey finds 80% of managers view client interest as geared towards income over capital appreciation.
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Asian property funds must 'improve' transparency – ANREV
Annual Investment Intentions survey shows shift towards developed markets.
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Australian pension fund acquires 50% of Victoria port
Scheme ups stake in Geelong Port with acquisition of 15% share from Australian Infrastructure Fund.
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Retail specialist Corio to offload Dutch, French assets worth €670m
Had intended to stagger disposals, but decided to pull programme forward.
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Teesside pension fund hires CBRE to manage real estate portfolio increase
CBRE to manage expansion of £107m direct portfolio as part of three-year plan.
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Ireland's National Asset Management Agency announces restructuring
New structure will see creation of specific asset management, asset recovery divisions.
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Friday people roundup
Hines, Cornerstone, Alinda, Savills, Union Investment, 4IP, Catella, BNP Paribas
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Al Gore outlines key actions for 'sustainable capitalism'
Says capitalism 'superior' to other systems, but laments trend towards 'short-termism'.
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Germany-focused property funds show good growth prospects – IPD
New research also shows widening gap between strongly and weakly performing funds.
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German pension funds consider project development in race for core
Schemes 'dissatisfied' by fund managers selecting mutual funds over Spezialfonds for prime.
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Pension fund-owned HSBC Infrastructure increases holding in PFI fire asset
Debt-and-equity investment brings trust's stake in Dorset Fire & Rescue project to 67%.
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Canada Pension Plan agrees $5bn mall acquisition with Westfield
Deal comes on heels of joint venture with Land Securities to redevelop prime UK site.
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Texas pension fund awards Aberdeen pan-European multi-manager mandate
Separate-account mandate reflects 'clear increase' in demand for pan-European property.
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London borough pension fund tenders multi-manager real estate mandate
Borough of Bexley seeks multi-manager to oversee 25% increase in property investments.
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Danica Pension acquires pair of Copenhagen properties
Danish pension fund buys Clipper House and Harbour House through Danica Ejendomsselskab.
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Patrizia acquires €1.3bn worth of residential with LBBW Immo deal
German property specialist buys real estate subsidiary on behalf of group of pension funds, insurers.