All Real Assets articles in November 2009 (Online) – Page 2

  • Avon pension fund to invest in secondary real estate
    News

    Avon pension fund to invest in secondary real estate

    2009-11-16T17:09:00Z

    UK – The Avon Pension Fund will invest through the secondary market to gain access to real estate funds via its recently-appointed global property investment manager.

  • Fimit and Pirelli eye asset pooling 'merger'
    News

    Fimit and Pirelli eye asset pooling 'merger'

    2009-11-16T17:07:00Z

    ITALY – Real estate investment management company Fimit, which is partly owned by Italian pension funds, is planning to merge with real estate arm of Pirelli.

  • US pension funds warned of prolonged property dislocation
    News

    US pension funds warned of prolonged property dislocation

    2009-11-09T18:14:00Z

    US – There are concerns in the US that pension fund allocations to real estate could suffer as a result of prolonged dislocation and modest performance in the coming years, the latest report by PricewaterhouseCoopers and ULI has revealed.

  • Korea’s NPS moves into London offices
    News

    Korea’s NPS moves into London offices

    2009-11-09T18:11:00Z

    UK/South Korea – Rockspring Property Investment Managers has acquired the first two UK real estate assets for the National Pension Service (NPS) of South Korea, after being appointed to target prime central London assets.

  • Investor demand sees Hermes shift money into PUT
    News

    Investor demand sees Hermes shift money into PUT

    2009-11-09T18:09:00Z

    UK – Hermes Real Estate will “phase” new investments into its UK Property Unit Trust (HPUT) following an upturn in demand from corporate pension funds and local authorities.

  • Consultancy LCP encourages return to UK property
    News

    Consultancy LCP encourages return to UK property

    2009-11-09T18:08:00Z

    UK – Consulting firm Lane, Clark & Peacock is advising its pension fund clients to move back into investing in UK property, following recently improved sentiment towards the UK commercial sector.

  • Maudsley lands a new role
    News

    Maudsley lands a new role

    2009-11-09T18:07:00Z

    EUROPE – Charles Maudsley, currently co-head of Europe for LaSalle Investment Management alongside Simon Marrison, is leaving to work for British Land and will not be replaced.

  • USS makes industrial move
    News

    USS makes industrial move

    2009-11-09T18:05:00Z

    UK – The Universities Superannuation Scheme (USS) has continued to build its exposure to the UK industrial sector with the purchase of the Great Western Industrial Park in Southall, West London for £110.4m (€124m).

  • SanFran City & County suffers fresh real estate drop
    News

    SanFran City & County suffers fresh real estate drop

    2009-11-09T17:28:00Z

    UNITED STATES - San Francisco City and County Employees Retirement System took another hit on its real estate portfolio in the first half of 2009, as the falling market continued to hurt investment returns and income.

  • Mercer expands its real estate staff
    News

    Mercer expands its real estate staff

    2009-11-09T17:13:00Z

    UNITED STATES - Mercer Investment Consulting has expanded its US real estate team and hired Chad McWhorter as an associate.

  • 'Stuck' on governance: perspectives at PREA
    News

    'Stuck' on governance: perspectives at PREA

    2009-11-09T17:00:00Z

    Governance issues and the investor/manager relationship occupied centre stage at this year’s PREA Annual Plan Sponsor Real Estate Conference in Beverly Hills, as Martin Hurst reports.

  • BP Pension Scheme rethinks real estate rental risk
    News

    BP Pension Scheme rethinks real estate rental risk

    2009-11-02T18:12:00Z

    UK – The BP Pension Scheme has reduced its rental risk by selling a number of UK real estate assets with lease break clauses due in the next four to six years.

  • Pension plan brings retail shopping to the coalface
    News

    Pension plan brings retail shopping to the coalface

    2009-11-02T18:09:00Z

    UK – LaSalle Investment Management has bought a The Howard Centre UK shopping centre from Land Securities on behalf of Coal Pension Properties, the real estate arm of the British Coal Schemes Pension Plan.

  • UK office sees institutional resurgence
    News

    UK office sees institutional resurgence

    2009-11-02T18:05:00Z

    UK – An influx of cross-border investors caused investment activity in the central London office market to surge to a value of £2.7bn (€3bn) in the third quarter of 2009, according to CB Richard Ellis.

  • European rents have settled but problems still remain - JLL
    News

    European rents have settled but problems still remain - JLL

    2009-11-02T18:04:00Z

    EUROPE – Prime rental levels stabilised in the majority of European markets in the third quarter of 2009, according to Jones Lang LaSalle.

  • Texas Teachers moves into core investments
    News

    Texas Teachers moves into core investments

    2009-11-02T18:01:00Z

    UNITED STATES - Teacher Retirement System of Texas has widened its investments in core real estate and hired three real estate managers to look after $800m (€532.7m).

  • Illinois State funds to follow FoFs real estate path
    News

    Illinois State funds to follow FoFs real estate path

    2009-11-02T17:59:00Z

    UNITED STATES – The State Universities Retirement System of Illinois has allocated $75m (€50.1m) for a fund of funds investment strategy with Franklin Templeton Real Estate Advisors.