All Real Assets articles in November 2007 (Online) – Page 2

  • ING warns of knocked confidence in property
    News

    ING warns of knocked confidence in property

    2007-11-12T17:22:00Z

    UK - Investor sentiment is significantly more uncertain and pessimistic than it was last year, according to ING Real Estate Investment Management.

  • Norway seeks real estate expertise
    News

    Norway seeks real estate expertise

    2007-11-12T17:20:00Z

    NORWAY – The Norwegian Government Pension Fund – Global has effectively confirmed its intention to invest in real estate by tendering for a real estate investment consultant.

  • Industry pushes for EU REIT
    News

    Industry pushes for EU REIT

    2007-11-12T17:18:00Z

    EUROPE - Five industry bodies including the European Property Federation (EPF) are pushing the European Commission to introduce an EU REIT regime, in a bid to transform a fragmented European market into “the largest and likely most efficient property market in the world”.

  • Pension funds "could power Reits growth"
    News

    Pension funds "could power Reits growth"

    2007-11-12T17:15:00Z

    UK – Assets held by the UK Reits market could double over the next few years if investors such as pension funds sold their real estate assets to the listed market, according to First State Investments.

  • REITs momentum shifts to Asia and Europe
    News

    REITs momentum shifts to Asia and Europe

    2007-11-12T17:12:00Z

    GLOBAL - The centre of gravity for REITs has shifted away from the US towards Asia and Europe, according to a report by Ernst & Young.

  • CPPIB to make direct bid to airport shareholders
    News

    CPPIB to make direct bid to airport shareholders

    2007-11-12T17:11:00Z

    NEW ZEALAND - The CA$120.5bn (€89bn) Canada Pension Plan Investment Board (CPPIB) is to approach Auckland International Airport (AIAL) shareholders directly after the firm called off talks on its bid to acquire a 49% stake.

  • DTZ strikes oil with Canada buy
    News

    DTZ strikes oil with Canada buy

    2007-11-12T17:10:00Z

    CANADA - As Canadian pension funds continue to invest aggressively in overseas infrastructure, DTZ has announced it is entering the market through the CA$31m (€22.5m) acquisition of property services firm JJ Barnicke.

  • Pennsylvania State signs to $1bn Mexico fund
    News

    Pennsylvania State signs to $1bn Mexico fund

    2007-11-12T17:05:00Z

    UNITED STATES - Pennsylvania State Employees Retirement System is thinking of making a commitment to a $1bn (€681.3m) Latin America residential fund being launched by Pramerica Real Estate Investors.

  • Illinois Teachers widens separate account plans
    News

    Illinois Teachers widens separate account plans

    2007-11-12T17:02:00Z

    UNITED STATES - Teachers Retirement System of the State of Illinois is planning a shift in its separate accounts real estate programme when it makes its next manager search.

  • Principal study calls end of cap rate compression
    News

    Principal study calls end of cap rate compression

    2007-11-12T17:00:00Z

    UNITED STATES - Principal Real Estate Investors feels that time of the cap rate compression in the United States has run its course, according to a report investigating current real estate market potential.

  • Buchanan Street looks to European expansion
    News

    Buchanan Street looks to European expansion

    2007-11-12T17:00:00Z

    UNITED STATES - Buchanan Street Partners is considering investing in Europe for the first time by using the proceeds from a recent sale.

  • Alternative investments to carry more weight - ING
    News

    Alternative investments to carry more weight - ING

    2007-11-12T17:00:00Z

    UK - Alternatives sectors are likely to register more on the agenda as UK pension funds seek to gain more exposure to real estate assets, according to ING Real Estate Investment Management.

  • Oregon PERF creates structured finance account
    News

    Oregon PERF creates structured finance account

    2007-11-12T17:00:00Z

    UNITED STATES - Oregon Public Employees Retirement Fund has created a new structured finance separate account with Guggenheim Structured Real Estate Advisors worth $900m (€621m).

  • To Russia, with cash
    News

    To Russia, with cash

    2007-11-05T17:56:00Z

    RUSSIA - Majority pension fund-owned property firm Sponda is to invest up to €400m in Russia by the end of 2009.

  • UK property delivers negative return
    News

    UK property delivers negative return

    2007-11-05T17:54:00Z

    UK - Real estate delivered a negative return of 1.1% in Q3, according to the IPD UK Quarterly Index – the first in its history – but real estate still outperformed property equities, which had a negative return of –10.3% for the three months to September.

  • Quebec pension fund to invest in India office
    News

    Quebec pension fund to invest in India office

    2007-11-05T17:52:00Z

    INDIA - The Caisse de dépôt et placement du Québec, Canada’s largest pension fund, is weeks away from its entry into Indian property as part of a strategy to switch 15% of its portfolio to Indian real estate within 3—5 years.

  • BA supports pensions flight with office block
    News

    BA supports pensions flight with office block

    2007-11-05T17:51:00Z

    UK – Pension fund of the airline British Airways has bought a recently-completed office development in Birmingham city centre, in a bid to help diversify its asset allocation.

  • Frequin quits Blue Sky for Goodman
    News

    Frequin quits Blue Sky for Goodman

    2007-11-05T17:50:00Z

    NETHERLANDS - Blue Sky Group, the fund manager for three KLM pension funds collectively worth more than €10bn, has lost fund manager Hidde Frequin just five months after he joined.

  • CPPIB loses Auckland but gains Puget
    News

    CPPIB loses Auckland but gains Puget

    2007-11-05T17:49:00Z

    CANADA - Concerns over debt last week scuppered plans by the Canada Pension Plan Investment Board (CPPIB) to acquire a 49% stake in Auckland International Airport (AIAL).

  • LACERA trades property for commingled fund
    News

    LACERA trades property for commingled fund

    2007-11-05T17:47:00Z

    UNITED STATES - Los Angeles County Employees Retirement Association has sold a shopping centre in Los Angeles and traded it for an investment into a commingled fund with the same real estate manager.