All Real Assets articles in November 2008 (Online) – Page 2

  • Negative rental growth now global
    News

    Negative rental growth now global

    2008-11-17T16:35:00Z

    GLOBAL – Rental growth has turned negative on a global scale and the downturn in emerging markets is accelerating, the Royal Institute of Chartered Surveyors (RICS) finds in its latest quarterly global report.

  • UK sets new record for fall in capital values
    News

    UK sets new record for fall in capital values

    2008-11-17T16:29:00Z

    UK – UK commercial property capital values fell by record levels last month, according to Investment Property Databank (IPD).

  • UK will start to recover in 2010 – Schroders
    News

    UK will start to recover in 2010 – Schroders

    2008-11-17T16:28:00Z

    UK – The UK commercial real estate market will not stabilise until the latter part of 2009 but should begin to recover in 2010 according to Schroder Property.

  • PME looks for global opportunities
    News

    PME looks for global opportunities

    2008-11-17T16:27:00Z

    NETHERLANDS – Pensioenfonds van de Metalektro (PME) is diversifying its real estate exposure by investing opportunistically on a global basis.

  • Europe to produce ‘acceptable’ returns in the medium-term
    News

    Europe to produce ‘acceptable’ returns in the medium-term

    2008-11-17T16:22:00Z

    EUROPE – Investors can generate “acceptable or attractive” returns from most of the European markets over the medium-term, according to a report by Invesco Real Estate.

  • Orion ready for European bargains
    News

    Orion ready for European bargains

    2008-11-17T16:20:00Z

    Europe – Orion Capital Managers has raised €900m of capital for its latest opportunistic property fund which will aim to buy bargain real estate across Europe.

  • CalPERS’s housing values plummet
    News

    CalPERS’s housing values plummet

    2008-11-13T16:37:00Z

    UNITED STATES – The California Public Employees’ Retirement System (CalPERS) announced yesterday a 35% decline in the market value of its residential real estate portfolio.

  • Prologis loses chief and halts new developments
    News

    Prologis loses chief and halts new developments

    2008-11-13T16:35:00Z

    GLOBAL – ProLogis, the world’s largest logistics developer, has announced the resignation of chief executive officer Jeffrey Schwartz at a time when the company is halting further developments.

  • CalSTRS forced to expand allocation limits
    News

    CalSTRS forced to expand allocation limits

    2008-11-13T16:33:00Z

    US – The California State Teachers Retirement System (CalSTRS) has temporarily increased its real estate allocation range to prevent the need to sell assets during a downturn.

  • Sustainability should come first – Watson Wyatt
    News

    Sustainability should come first – Watson Wyatt

    2008-11-13T16:29:00Z

    GLOBAL - Investors must place sustainability at the top of their agenda, because it is likely to have a significant impact on commercial real estate and even improve returns, according to Watson Wyatt.

  • German funds hit hardest by institutional outflows
    News

    German funds hit hardest by institutional outflows

    2008-11-13T16:27:00Z

    GERMANY – Recent redemptions from German open-ended funds (GOEFs) were “mainly driven by institutional investors rather than retail investors,” according to a senior analyst for CB Richard Ellis.

  • Land Securities abandons demerger plans
    News

    Land Securities abandons demerger plans

    2008-11-13T16:26:00Z

    UK – Land Securities announced yesterday in its half-yearly annual results that “adverse market conditions” have forced the firm to abandon its demerger plans in order to protect shareholders’ interests.

  • LaSalle launches UK opportunity fund
    News

    LaSalle launches UK opportunity fund

    2008-11-13T16:21:00Z

    UK – LaSalle Investment Management is raising a £400m (€487m) opportunity fund to take advantage of declining property values and potential distress in the UK real estate market.

  • Foreign investors get smaller piece of the pie
    News

    Foreign investors get smaller piece of the pie

    2008-11-13T16:20:00Z

    CHINA – Domestic investors took an increasing larger share of the real estate investment market in China in the first half of the year, a report by property consultants DTZ shows.

  • NYSTRS invests in warehousing and debt
    News

    NYSTRS invests in warehousing and debt

    2008-11-13T16:15:00Z

    UNITED STATES – New York State Teachers’ Retirement System (NYSTRS) has added to its real estate portfolio by investing in an industrial commingled fund and by making several investments in debt real estate.

  • More flexibility or Spanish REITs will flounder – Testa
    News

    More flexibility or Spanish REITs will flounder – Testa

    2008-11-10T17:00:00Z

    SPAIN – The Spanish government’s drafted legislation for real estate investment trusts (REITs) must be made more flexible in order to encourage the sector to develop, delegates heard at the latest Urban Land Institute (ULI) conference.

  • Sustainable leases get the green light
    News

    Sustainable leases get the green light

    2008-11-10T16:40:00Z

    UK – The first clear framework to help landlords and occupiers increase the environmental performance of existing buildings has been published, claims the UK’s Better Building Partnership (BBP).

  • Crisis of confidence for UK property
    News

    Crisis of confidence for UK property

    2008-11-10T16:35:00Z

    UK – Confidence has collapsed across the UK real estate sector according to Smith & Williamson’s latest annual survey.

  • Opportunistic funds continue to attract capital – Clerestory
    News

    Opportunistic funds continue to attract capital – Clerestory

    2008-11-10T16:30:00Z

    GLOBAL – Capital continues to be raised globally for opportunistic real estate funds, albeit at a slower pace, despite the credit crunch and falling economic growth, according to research from Clerestory Capital Partners.

  • Axa REIM shifts into distressed debt
    News

    Axa REIM shifts into distressed debt

    2008-11-10T16:25:00Z

    EUROPE – Axa REIM, the real estate arm of Axa Investment Managers Group, is holding back from investing in European markets because it predicts property prices will drop even further and will concentrate on buying distressed debt.