North American investors – Page 194
-
MagazineOpportunities and uncertainties
The latest Emerging Trends survey reveals varying investment prospects across the Americas, as Charles DiRocco, Mitch Rochelle and John Forbes report
-
News
Sampension to return to property market with first US investment
GLOBAL – Sampension, which manages three Danish labour-market pension funds, is to return to active property investing next year for the first time since 2008.
-
News
Real estate remains sluggish compared with other asset classes - IPE survey
GLOBAL – The assets of the top 100 real estate investment managers fell by 4.1% – or some €44bn – to just over €1trn as at 31 December 2009 compared with a year earlier, according to the latest IP Real Estate investment managers survey, which will appear in the next ...
-
News
Liquidity specialist Madison to set up shop in London
Madison International Realty, the US-based investment manager that specialises in injecting capital into existing real estate investments, is establishing an office in London and has hired former Lehman Brothers professional Sean Kelly-Rand.
-
News
Apollo takes over Citi's global real estate funds platform
GLOBAL – Apollo Global Real Estate Management (AGRE) has completed its acquisition of City Property Investors (CPI), the real estate investment management group of Citigroup investment bank.
-
News
Real estate portfolio at CalPERS appreciates by 13.5%
GLOBAL – The value of the California Public Employees Retirement System's real estate portfolio to the end of June has increased by $171m (€125m), or 1.1%, from the previous quarter and by more than $1.8bn (13.5%) year on year.
-
News
US apartment market in early period of recovery, says Pramerica
GLOBAL – The US apartment market is in the early parts of a recovery, according to Pramerica Real Estate Investors.
-
News
Texas Employees commits $60m to value-added fund
GLOBAL – The Employees Retirement System of Texas has made a $60m (€43m) commitment to the Madison International Real Estate Liquidity Fund IV.
-
News
Iowa PERS to conduct search for REIT manager
GLOBAL – The Iowa Public Employees Retirement System is set to conduct a search for a real estate investment trust (REIT) manager focusing on the US market.
-
News
Deutsche Bank's RREEF buys industrial portfolio in US Pacific Northwest
GLOBAL – RREEF, the real estate investment management business of Deutsche Bank's Asset Management division, has acquired the 940,654 square foot Kent Valley Industrial Portfolio in Kent and Tukwila, Washington.
-
News
Ontario pension funds take over UK's high-speed rail network
UK – The UK government has sold the high-speed rail network connecting London to the Channel Tunnel to two Canadian pension funds for £2.1bn (€2.43bn).
-
News
Texas Teachers-backed property fund makes first investment
GLOBAL – An office building investment fund backed by the Teacher Retirement System of Texas has completed its first investment.
-
News
Orange County Employees mulling investment in Buchanan, Cornerstone funds
GLOBAL – The Orange County Employees Retirement System (OCERS) in the process of evaluating three new funds – managed by Angelo, Gordon & Co, Buchanan Street and Cornerstone Real Estate Advisors – as part of its value-added investment strategy.
-
News
OPERS considering €143m investment in Credit Suisse secondary market fund
GLOBAL – The Ohio Public Employees Retirement System (OPERS) is conducting due diligence on a $200m (€143m) commitment to Credit Suisse's Strategic Partners V Real Estate fund.
-
News
Swiss investor tenders $1.8bn mandates for Latin America, Asia Pacific and Canada
IPE – A Swiss institutional investor is looking to award three direct real estate mandates worth more than $1.8bn (€1.3bn), using IPE Quest.
-
News
Penn State Employees to change benchmark for real estate investment
GLOBAL – The Pennsylvania State Employees Retirement System has decided to change its benchmark for private real estate investment.
-
News
Maine approves $75m allocation to debt fund
GLOBAL – The Maine Public Employees Retirement System has approved a $75m (€54m) commitment to the Prima Mortgage Investment Trust (PMIT), aiming to take advantage of a lack of debt players in the market.
-
News
Illinois Municipal hires Cornerstone, INVESCO for core strategy
GLOBAL – The Illinois Municipal Retirement Fund has hired Cornerstone Real Estate Advisers and INVESCO Real Estate as core open-ended commingled fund managers.
-
News
NCREIF index shows improved returns for third quarter running
GLOBAL – The National Council of Real Estate Investment Fiduciaries (NCREIF) has reported improved returns for the NCREIF Property index (NPI) for the third straight quarter.
-
News
Lack of European prime stock slows global transactional recovery
GLOBAL – The recovery in global real estate transactions has levelled off, driven by a constrained availability of prime properties in Europe, according to Jones Lang LaSalle (JLL).
