North American investors – Page 195
-
News
OMERS, British Land team up to develop London's Cheesegrater
UK – Oxford Properties, the real estate division of Canadian pension fund OMERS, has entered into a 50:50 joint venture with British Land to develop the Leadenhall Building in the City of London, otherwise known as the Cheesegrater.
-
News
Canada Pension Plan swoops in on prime DC assets
GLOBAL – The Canada Pension Plan Investment Board (CPPIB) has invested $91m (€65m) in return for a 45% stake in two prime office buildings in Washington DC, its first investment in the US capital.
-
News
Mass PRIM hires AEW to take over RREEF separate account
GLOBAL – The Massachusetts Pension Reserves Investment Management Board has selected AEW Capital Management as its fifth core separate account manager.
-
News
Alaska Retirement to hold back on real estate investments
GLOBAL – The Alaska Retirement Management Board has no plans to increase investment in real estate over the next 12 months.
-
News
Investors moderate their return expectations for US real estate, says ULI/PwC
GLOBAL – Investors have lowered their return expectations for investing in US real estate over the next few years, according to PricewaterhouseCoopers (PwC) and the Urban Land Institute (ULI).
-
News
Pension funds targeting US multi-family housing
GLOBAL – Multi-family housing has been identified as the favoured sector for investment in the US by a number of European pension funds, a position backed up by new research from Pramerica Real Estate Investors.
-
News
Capital flows to US real estate set to double, says DTZ
GLOBAL – Global investment capital targeting US real estate is set to double in 2011 as the outlook for the market completes a dramatic improvement over the past 12 months, according to DTZ.
-
News
Ohio scheme to invest $400m in real estate funds
GLOBAL – The Ohio Public Employees Retirement System is conducting due diligence on investments into two new commingled funds totalling $400m (€287.4m).
-
News
Los Angeles tenders RFI for separate account manager
GLOBAL – The Los Angeles City Employees Retirement System (LACERS) has approved a request for information (RFI) to hire a real estate manager for a separate account.
-
News
GID takes over CalPERS apartment portfolio from BlackRock
GLOBAL – GID Investment Advisers has taken over the management of a core multi-family residential portfolio from BlackRock Realty Advisors on behalf of the $212bn (€152bn) California Public Employees' Retirement System (CalPERS).
-
News
CalSTRS invests $370m into real estate during second quarter
GLOBAL – The California State Teachers Retirement System made $370m (€270m) worth of new real estate investments during the second quarter.
-
News
Oregon Retirement Fund considers larger commitments, club funds
GLOBAL – The Oregon Public Employees Retirement Fund is exploring the possibility of making larger investments into either commingled funds or separate accounts.
-
News
Texas Teachers approves $500m investment in retail REIT
GLOBAL – The Teacher Retirement System of Texas has approved a $500m (€371m) investment into General Growth Properties (GGP).
-
News
Wisconsin commits $75m to Mesa West debt fund
GLOBAL – The Wisconsin State Investment Board has made a $75m (€56m) commitment to the Mesa West Real Estate Income II commingled fund.
-
News
Korea's National Pension Service goes global with $300m US mandate
GLOBAL – The National Pension Service (NPS) of Korea has hired The Townsend Group to invest $300m (€222m) of its capital opportunistically in the Americas.
-
News
Texas Teachers makes $300m commitment to US Government Building Fund
GLOBAL – The Teacher Retirement System of Texas has become the lead investor in the recently closed US Government Building Fund after Texas Teachers approved a $300m (€230.2m) allocation to the fund.
-
News
San Diego County makes $200m commitment to core fund
GLOBAL – The San Diego County Employees Retirement Association (SDCERA) has approved a $200m (€152m) commitment into the JP Morgan Strategic Property fund.
-
News
CalPERS continues Brazilian joint venture with Hines
GLOBAL – The $210bn (€158bn) California Public Employees Retirement System (CalPERS) has given its latest endorsement to Hines' Brazilian real estate expertise by committing to the third in a series of joint ventures in the South American market.
-
News
CPPIB swoops on eight shopping centres
GLOBAL – The Canada Pension Plan Investment Board (CPPIB) has spent C$230.5m (€167m) to acquire interests in eight shopping centres in Canada.
-
News
UN pension fund outsources listed real estate investments
GLOBAL – The United Nations Joint Staff Pension Fund (UNJSPF) is seeking a fund manager to run its portfolio of listed real estate securities.
