North American investors – Page 193
-
News
Invesco begins US acquisition trail for German investors
GLOBAL – Invesco Real Estate has made its first acquisitions in the US for German institutional investors in its MEAG US Immobilien Fonds IV.
-
News
Rothschild Realty Managers invests $200m in Welsh Property Trust
GLOBAL – Rothschild Realty Managers has invested $200m (€149.4m) into Welsh Property Trust, made through Rothschild's commingled fund, Five Arrows Realty Securities V.
-
News
Iowa PERS on the lookout for domestic REIT manager
GLOBAL – The Iowa Public Employees Retirement System has approved a request for proposal (RFP) for a new domestic REIT manager, allocating approximately $150m (€113m) for the search.
-
News
Ohio PERS directs capital to local opportunities
UNITED STATES – Ohio Public Employees Retirement System is investing $250m (€187m) in local real estate investment opportunities as part of its so-called Grow Ohio programme.
-
News
GI Partners, RREEF to take over CalPERS logistics
GLOBAL – GI Partners and RREEF are to take over the management of The California Public Employees' Retirement System's (CalPERS) $2.5bn (€1.9bn) global industrial real estate portfolio from incumbent manager LaSalle Investment Management.
-
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
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
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.
-
Magazine
Back to normal
Appetite for real estate remains strong among US institutional investors, whose preference for core assets is no more than a return to more traditional, pre-boom behaviour, as Greg MacKinnon reports
-
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
Texas Teachers-backed apartment fund makes first investments in two years
GLOBAL – The Camden Multifamily Value Add fund, 80% owned by the Teacher Retirement System of Texas, has closed on its first two apartment deals in more than two years.
-
News
Nebraska moves capital from REITs into private real estate
GLOBAL – Nebraska Investment Council has taken some of its capital invested in REITs and had it cover a portion of its private real estate investment programme.
-
News
ATP Real Estate calls for manager 'early-warning' system
EUROPE – At a panel discussion at this year's INREV CFO/COO conference in Copenhagen, speakers discussed how to balance the need for managers to communicate with investors at a time when they were also being asked to charge less for their services.
-
News
Multi-family sector leading US recovery, says IPD
GLOBAL – The residential sector continues to lead the real estate recovery in the US, with capital values up 12.3% since the start of the year, according to Investment Property Databank (IPD).
-
Magazine
Fee structures compared
Studies by INREV and PREA reveal significant differences in fee structures between European and US non-listed funds, as Lonneke Löwik reports
-
News
Maryland pension scheme moves in core real estate
GLOBAL – The Maryland State Retirement System is set to add core real estate holdings to its portfolio to give investors an alternative to fixed-income investments.
-
News
San Francisco City and County postpones separate account search
GLOBAL – The San Francisco City and County Employees' Retirement System has decided to withdraw a Request for Qualifications (RFQ) search for a new separate account real estate manager.
-
Magazine
Take a hike
Uncertainty over pending and potential regulatory and tax changes may be slowing down the recovery of the institutional real estate sector, as Stephanie Schwartz-Driver reports