News – Page 955
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Premium for green buildings 'not common sense' for most companies
Buck Consultants argues sustainable issues play 'minor role' in new office site selection.
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Benchmarks breed 'mediocrity', says St Bride's Houston
Former chief executive of ING REIM uges UK institutional investors to look overseas.
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Global demand for office space 'polarised', says CBRE
Demand in Asia Pacific, Latin America particularly strong as investors bet on economic growth.
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French real estate recovery strengthens, says IPD
Rebound in commercial real estate market gains significant momentum in second half of 2010.
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Thursday people roundup
Hermes Real Estate IM, Aviva Investors, Cushman & Wakefield, Savills, Homburg Invest, K&L Gates
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German investors set to double infrastructure exposure
Commerz Real study finds average exposure likely to increase from 0.7% to 1.6%.
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Partners Group attracts €500m for global infrastructure strategy
Private markets specialist caps capital raising following strong investor demand for programme.
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UK removes barriers to housing, REITs for institutions
Budget removes one of biggest barriers to institutional investment in sector.
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Japan crisis causes Union Investment to freeze redemptions
UniImmo: Global fund said it had no option but to suspend redemptions, due to 14% Tokyo exposure.
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IPD introduces 'investable' European funds index
Indices claim to be first ever 'investable' pooled property fund index, based on 18 European funds.
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L&G Property raises new capital and extends life of Leisure Fund
Fund manager also given permission to extend fund's life by six years to 2020.
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Prupim to outsource UK services as it eyes global funds expansion
Exclusive discussions underway with CB Richard Ellis, as Prupim aims to expand third-party fund management.
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INREV updates classification for non-listed property
Refines original framework from 2004, which classified styles as core, value-added or opportunity.
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EPISO buys into Prague logistics through VGP joint venture
EPISO, co-advised by AEW Europe and Tristan Capital, takes 80% ownership of semi-industrial complexes.
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Duet raises public, private money for mezzanine strategy
Company raises £50m after listing Duet Real Estate Finance on London Stock Exchange.
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TAN-EU/SOCAM €280m club targets Chinese special situations
Fund manager TAN-EU Capital and Chinese developer SOCAM enter JV to set up $400m club vehicle.
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Thursday people roundup
Allianz, Simon Property, First State, Alpha Real Capital, Savills, Cordea Savills, Redevco
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Dubai property market to bottom out within year, says JLL
Research by Jones Lang LaSalle shows transaction volume, rents to fall.
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Stonelake Capital to raise fund for real estate investment
Investment firm aims to raise $125m for private equity fund, according to SEC filing.
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UK residential has outperformed overseas CRE funds – Wellcome Trust
Martin Hurst finds that UK residential holdings are looked upon favourably at the MIPIM conference.