News – Page 964
-
News
Wisconsin State to ramp up real estate investment to $900m
GLOBAL – The Wisconsin State Investment Board has said it is looking to step up its real estate investment activity.
-
News
Ohio Police & Fire approves $30m commitment to opportunity fund
GLOBAL – The Ohio Police & Fire Pension Fund has approved a $30m (€23.1m) commitment into the Savanna Real Estate Fund II.
-
News
Monday people roundup
GLOBAL – BNP Paribas Real Estate, Aareal Bank, Internos Real Investors, Legal & General Property, SEB Asset Management, Cordea Savills, HDG Mansur Investment Services, Speymill Deutsche Immobilien Company
-
News
Partners in first closing for real estate secondaries fund
GLOBAL – Partners Group has raised €750m for its first fund dedicated to acquiring stakes in existing real estate investments through the secondary market.
-
News
IPF research shows UK property 'not an inflation hedge'
UK – Commercial real estate in the UK does not provide a hedge against inflation, according to research commissioned by the Investment Property Forum (IPF).
-
News
Insurance companies creep into European real estate lending market
EUROPE – Insurance companies are beginning to enter the European real estate debt market, although it may take some time before they are as active as their counterparts in the US.
-
News
Ohio School Employees makes $30m follow-on commitment with Carlyle Group
GLOBAL – The School Employees Retirement System of Ohio has approved a $30m (€22.5m) commitment into the Carlyle Realty Partners VI commingled fund.
-
News
Santa Barbara County to redeem investment in RREEF America II
GLOBAL – The Santa Barbara County Employees Retirement System has taken its first real estate action since hiring ORG Real Property as its real estate consultant in June.
-
News
Investors should broaden their real estate investment options, says IPF chair
GLOBAL – Institutional investors in real estate should consider the full range of options offered by the capital markets, according to John Gellatly, head of global real estate multi-manager at Aviva Investors and chair of the Investment Property Forum (IPF).
-
News
EPRA urges property company exemption from derivatives regulations
EUROPE – The European Public Real Estate Association (EPRA) has urged the EU to prevent property companies from getting caught up in derivatives regulations designed to combat speculators.
-
News
UK leads European real estate recovery, says CBRE
EUROPE – European real estate values continued to show improvement during the third quarter, particularly in core western Europe, according to CB Richard Ellis (CBRE).
-
News
Investor tenders European private real estate mandate
IPE QUEST – An institutional investor is looking to commit €25m-50m to private real estate investments in Europe.
-
News
New Jersey returns to real estate after two-year hiatus
GLOBAL – The New Jersey Division of Investment has made its first investment in real estate since June of 2008 with a $100m (€74.4m) allocation to the Lubert-Adler Real Estate Fund VI-B.
-
News
Washington State allocates $500m to Evergreen Real Estate Partners
GLOBAL – The Washington State Investment Board has approved a follow-on investment of $500m (€366.1m) into Evergreen Real Estate Partners.
-
News
German institutional investors seeking stability in core, core-plus
GERMANY – The majority of German institutional investors are employing a core or core-plus investment style for their indirect real estate portfolios and increasing risk management for those investments, according to a survey by kommalpha.
-
News
PKA acquires €79m office, retail project in Copenhagen
DENMARK – Denmark's PKA has bought an office and retail construction project in the country's capital for DKK588m (€79m), with provisional leases already secured for around a quarter of units.
-
News
APG joint venture in €1bn Olympic retail venture
GLOBAL – A joint venture between Dutch pension fund manager APG and the Canada Pension Plan Investment Board (CPPIB) has acquired retail real estate worth £870.5m (€1bn) on the East London 2012 Olympics site.
-
News
Pension funds mop up Finnish property sale
EUROPE – Finnish pension funds Ilmarinen and Varma have mopped up shares in partly state-owned property firm Sponda following the sale by state investment firm Solidium Oy of shares worth €176m.
-
News
Real estate industry must raise professional standards, says PGGM
EUROPE – Real estate needs to raise its level of professional standards – including performance measurement – to those of other asset classes, according to Guido Verhoef, head of private real estate at PGGM.
-
News
Real estate industry 'lags rest of business' on customer service
GLOBAL – The real estate industry still has "a long way to go" to catch up the rest of business in its approach to customers, according to Howard Morgan, managing director of real estate customer service consultants RealService.
