News – Page 980
-
News
Pension funds to take the train
UK – Pension schemes could be asked to fund the UK’s high-speed rail network under proposals currently before the transport ministry.
-
News
Finnish insurer pays more for long lease logistics
FINLAND – Finnish pensions insurer OP-Henkivakuutus Oy has acquired two assets – one light industrial, the other a warehouse – from a UK fund for €20.7m, reflecting a yield of 7.5%.
-
News
Global forecast confirms two-tier trend
GLOBAL – The forecast for Europe is cautious, for the US better, and for some of Asia the best of all, according to Jones Lang LaSalle's (JLL) quarterly Global Market Perspective.
-
News
Chinese property policies carry ‘a big if’
CHINA – The Chinese government’s attempts to contain a property price bubble could impact overseas joint-venture investors, according to a China-based economist.
-
News
ING REIM offers access to its funds through single structure
EUROPE – An unnamed Swiss insurer has invested €100m via several of its subsidiaries in an ING Real Estate Investment Management fund of funds (FoF) vehicle launched last week.
-
News
GIC ‘will not list’ real estate portfolio
GLOBAL – GIC’s European head of real estate today denied reports that Singapore’s largest sovereign wealth fund (SWF) plans to list its real estate portfolio. However, he did not deny that the fund could list a portion of it.
-
News
Schroders defends international diversification
GLOBAL – The recovery in the global real estate markets will not be synchronised in contrast to the downturn, marking a return to the traditional benefits of diversification, according to Schroders.
-
News
Investors have failed to learn lessons – Valente
GLOBAL – It is not clear whether real estate markets are going through a sustainable phase of recovery or whether it is an illusion driven by capital market liquidity, according to Joe Valente, head of investment strategy at Allianz Real Estate.
-
News
Investors call for clear communication from fund managers
EUROPE – European institutional investors called on real estate investment managers to deliver clearer, pro-active communication and reporting, especially on key areas that would ultimately determine the success or failure of a fund.
-
News
Co-investment an outmoded misconception, claims industry veteran
GLOBAL – The effectiveness of co-investment by real estate fund managers to align interests was seriously questioned at this year’s IPE Real Estate Investor Forum & Awards, part of the IPD/IPE Real Estate Congress.
-
News
Illinois Municipal plans core search
UNITED STATES – Illinois Municipal Retirement Fund is to conduct a search next month for a $150m (€122.7m) investment in core open-ended commingled funds.
-
News
Texas Employees makes first move into non-listed
UNITED STATES – Employees Retirement System of Texas has made its first investments in non-listed real estate funds as it seeks to build up its overall property exposure.
-
News
Munich office outlook maintains focus on prime
GERMANY – Munich office rental will pick up slowly in 2010 even if there is a speedy recovery, according to a report published this week by Knight Frank.
-
News
Recovery boosts forecasts for Europe, US
GLOBAL – Economic recovery has upped the prospects for long-lease prime properties in cities such as London, New York, Paris and Hong Kong, according to ING Real Estate Investment Management.
-
News
BVK ‘optimises’ UK portfolio by selling assets
GERMANY/UK – Bayerische Versorgungskammer (BVK), the €43.2bn German pension fund, has sold two UK office blocks for £48m (€56.6m).
-
News
Former IPD boss appointed INREV CEO
EUROPE – The European Association for Investors in Non-listed Real Estate Funds (INREV) has appointed Matthias Thomas, the founder of Investment Property Databank (IPD) Germany, as chief executive officer.
-
News
And the winners of the IPE Real Estate Awards 2010 are…
EUROPE – Ärzteversorgung Westfalen-Lippe (AeVWL) was crowned Best European Institutional Investor last night at a glittering event in Amsterdam to celebrate this year’s IPE Real Estate Awards 2010.
-
News
Gulf states have ‘too much supply, too little cash’ – Moody’s
MIDDLE EAST – Rating agency Moody’s today blamed oversupply and lack of property finance for an 18-month negative outlook for real estate markets in Gulf Cooperation Council (GCC) states.
-
News
Smith takes over at Aberdeen as Blacklund retires
GLOBAL – Aberdeen Asset Management has appointed Andrew Smith as group head of property.
-
News
Retailers seek prime as shoppers hold back
EUROPE – European shoppers could take two years to catch up with the global economic recovery, according to CB Richard Ellis.
