All Real Assets articles in October 2006 (Online) – Page 2

  • News

    US commercial real estate ‘set for 2007 decline’

    2006-10-20T00:00:00Z

    REAL ESTATE - The peaking US real estate cycle will start declining from 2007, forcing investors to rethink, according to a study by research group the Urban Land Institute and PricewaterhouseCoopers. The new trend will see investors turning to a...

  • News

    CalPERS commits $100m to new fund of funds

    2006-10-20T00:00:00Z

    REAL ESTATE- The California Public Employees Retirement System has made a $100m commitment to the American Value Partners Fund I. This is a commingled fund that has a very unique investment strategy. It will be investing with either emerging real...

  • News

    Belgian €1.2bn real estate fund in jeopardy

    2006-10-20T00:00:00Z

    REAL ESTATE - The future of the €1.2bn real estate investment trust agreed between the Belgian government and real estate firm Cofinimmo looked precarious last week amid speculation that the government would re-route property destined for the t...

  • News

    Infrastructure ‘unsuitable and overpriced’

    2006-10-16T00:00:00Z

    REAL ESTATE - "There is a shortage of ‘boring stable’ infrastructure investment product which is much in demand by institutional investors," according to Jane Welsh, senior consultant at Watson Wyatt. Speaking at the Inves...

  • News

    Fortress to float German portfolio

    2006-10-16T00:00:00Z

    REAL ESTATE – US private equity firm Fortress will on Thursday float part of its German property portfolio, consolidated under the firm Gagfah, on Frankfurt’s stock exchange. Fortress said that on Thursday, it would offer 45 million sh...

  • News

    Nedlloyd scheme transfers real estate portfolio

    2006-10-16T00:00:00Z

    REAL ESTATE - Delta Lloyd Vastgoed will take over the direct real estate portfolio of the Nedlloyd Pension Fund, both parties have announced. The transaction involves about 35 blocks of offices, retail centres and housing in the Netherlands, of wh...

  • News

    Texas Teachers to look at three commingled funds

    2006-10-16T00:00:00Z

    REAL ESTATE - The Teacher Retirement System of Texas will be looking at three commingled funds for possible investment decisions at its board meeting on November 9 and 10. The three commingled funds to be considered are MacFarlane Urban Real Estat...

  • News

    Corio names Jan Haars as new CFO

    2006-10-16T00:00:00Z

    REAL ESTATE - Jan Haars has been appointed as chief financial officer at Corio, the property investment company has announced. The new CFO will take over from John Kuik, who suddenly left Corio earlier this month, as a result of ‘differenc...

  • News

    CBRE Investors names Tokyo MD

    2006-10-16T00:00:00Z

    REAL ESTATE - CB Richard Ellis Investors has named Steven Bass, formerly CEO of Macquarie Properties Japan and previously Director of Acquisitions at CB Richard Ellis Investors Japan, has re-joined the firm as managing director based in Tokyo. I...

  • News

    RREEF nabs Coca-Cola UK real estate brief

    2006-10-16T00:00:00Z

    REAL ESTATE - RREEF will run the real estate element of the Coca-Cola Enterprises Pension Scheme. A total of 10% of the scheme’s assets will be invested through the RREE UK Multi-Manager Service. The contract is understood to be in the regi...

  • News

    Germany’s VBL plans Asian property move

    2006-10-16T00:00:00Z

    REAL ESTATE – VBL, a €12bn pension fund insuring four million German public sector employees, is planning an initial investment in Asia’s property market by the end of 2006. "We currently have 5% of our assets allocated to ...

  • News

    Alaska board to invest more in value-added

    2006-10-16T00:00:00Z

    REAL ESTATE - The Alaska Retirement Management Board, formerly known as the Alaska State Pension Investment Board, has approved a change of its investment strategy to increase its value-added component. The pension fund approved to move its mixtur...

  • News

    British Airways pension fund sells property

    2006-10-16T00:00:00Z

    UK – A British Airways pension fund has sold a retail property in Stoke, central England, for £14.3m (€21.2m). Warner Estate Holdings said its Radial Distribution Fund joint venture with Bank of Scotland has bought Radial Point, r...

  • News

    LA Fire & Police board action on real estate

    2006-10-16T00:00:00Z

    REAL ESTATE- The Los Angeles Fire & Police Pension System made two real estate decisions at its board meeting on October 5. The first item was to issue an investment of up to $15m to the Genesis Workforce Housing Fund II. The potential return...

  • News

    AFL-CIO in $500m industrial venture

    2006-10-16T00:00:00Z

    REAL ESTATE - The AFL-CIO Building Investment Trust has put together a joint venture with Weingarten Realty Investors to invest in industrial properties across the US. There will be a total capitalization in the venture of $500m - around 50-50 equ...

  • News

    Dutch funds shift to indirect real estate

    2006-10-09T00:00:00Z

    REAL ESTATE - Dutch pension funds are increasingly shifting their investments from direct to indirect real estate, research bureau PropertyNL said. In 2005, their indirect real estate portfolios have increased by almost 30% to €39.5bn, becau...

  • News

    N. Dakota OK's infrastructure fund

    2006-10-09T00:00:00Z

    REAL ESTATE- The North Dakota State Investment Board has awarded a $100m (€79.4m) commitment to the JP Morgan Infrastructure Investment Fund. The pension fund was looking to place some capital into a commingled fund that focused on infrastru...

  • News

    Ohio scheme to invest in core commingled

    2006-10-09T00:00:00Z

    Ohio Police & Fire to invest in core commingled fund REAL ESTATE - The Ohio Police & Fire Pension Fund has issued a $100m (€79.4m) commitment to the Heitman Core Property Fund. The pension fund took this action at its board meetin...

  • News

    Corio CFO Kuik leaves over policy

    2006-10-09T00:00:00Z

    REAL ESTATE - John Kuik has resigned as chief financial officer at Corio, the property investment company. According to Corio, the sudden departure was the result of ‘differences in opinion on policy matters’. Corio will search for...

  • News

    Jones Lang LaSalle argues case for commercial

    2006-10-09T00:00:00Z

    REAL ESTATE - Alistair Hughes, chief executive officer for Europe at real estate specialist Jones Lang LaSalle, argues that commercial property is an important mid-term investment for institutional investors. Speaking at the FT commercial property...