All Real Assets articles in October 2006 (Online) – Page 3

  • News

    GFI launches HK property derivatives market

    2006-10-20T00:00:00Z

    REAL ESTATE - US broker GFI has launched a joint venture to broker Hong Kong property derivatives to banks, funds and property companies. GFI has already set up a similar property derivatives venture in London with CB Richard Ellis. However, in t...

  • News

    IPD opens to smaller pension funds

    2006-10-20T00:00:00Z

    REAL ESTATE – Real estate data firm IPD has launched a new property information service on UK real estate aimed at smaller pension funds. IPD said Property Intelligence, which will also target charities and retail investors, caters to the re...

  • News

    More problems at ING’s ill-fated Polish project

    2006-10-20T00:00:00Z

    REAL ESTATE - A year after ING Real Estate fired development chief executive Paul Trip over delays in Warsaw’s Zlote Tarasy retail centre, it has reported that the centre will not open on schedule in November. The latest delay – with ...

  • News

    Allianz acquires Laing in push for PFI

    2006-10-30T00:00:00Z

    REAL ESTATE - German pensions and insurance giant Allianz last week outbid Henderson Global Investors to acquire John Laing, the UK infrastructure firm, for £957.5m (€752.5m). Allianz hopes the acquisition – which is subject to r...

  • News

    Sacramento County makes new allocation

    2006-10-30T00:00:00Z

    REAL ESTATE - The Sacramento County Employees Retirement System has awarded Cornerstone Real Estate Advisers a new $15m allocation for its separate account relationship. This action was taken at its board meeting on October 19. The pension fund m...

  • News

    CalSTRS sets up Texas apartments venture

    2006-10-30T00:00:00Z

    REAL ESTATE - The California State Teachers Retirement System has created a joint venture with Trammell Crow Residential to develop the 452-unit Alexian at Fitzhugh apartment complex in Dallas. The total amount of capital in the venture is $63m....

  • News

    US pension funds bank on Europe, Asia

    2006-10-30T00:00:00Z

    REAL ESTATE - Cash-rich US pension funds are driving a move by real estate funds into European markets. RREEF’s Real Estate Opportunities Funds Group has raised $1.6bn in the final closing of a fund designed to US institutional investors ex...

  • News

    Asian listed grouping looks to widen scope

    2006-10-30T00:00:00Z

    REAL ESTATE - The Asian Public Real Estate Association (APREA) has made progress in its representations on local market practice in Singapore. It is now looking to develop its activities across the region, with the appointment of a new chief exec...

  • News

    Cordea seeks pension fund backing for land fund

    2006-10-30T00:00:00Z

    REAL ESTATE - Cordea Savills is to raise £50m (€74.5m) from pension funds to invest in acquiring and parcelling land for residential development. Spokesman Steve Taylor said Cordea’s second opportunistic fund would target both pe...

  • News

    PREA conference report

    2006-10-30T00:00:00Z

    US real estate is riding the crest of the wave now – the question is, for how long? This was the conclusion of speakers and delegates at the Pension Real Estate Association (PREA) annual plan sponsor real estate conference held in Washington DC...

  • News

    ING Real Estate nabs IPF’s Follows

    2006-10-30T00:00:00Z

    REAL ESTATE - Pension fund demand for pan-European assets has driven ING Real Estate to boost its research team with a new UK head of research and forecasting. Charles Follows, currently research director at the Investment Property Forum, will join I...

  • News

    Hearthstone to market next investment fund

    2006-10-30T00:00:00Z

    REAL ESTATE - Hearthstone will be marketing its next single-family investment fund after the first of the year. The name of the fund is Path of Growth Investors II. The company’s Chief Financial Officer Mark Porath said: "We are now i...

  • News

    Manila property sell-off for soldiers’ pensions

    2006-10-30T00:00:00Z

    REAL ESTATE - The Philippines army is to sell its massive real estate portfolio to fund pay-outs to retired service personnel. Real estate – including golf courses and at least one country club – and property equities make up P9.6bn (...

  • News

    Smaller schemes chase ‘more liquid’ property

    2006-10-30T17:00:00Z

    REAL ESTATE - Robin Goodchild, head of European investment at property firm LaSalle, this week urged large pension funds to invest directly in real estate and claimed smaller ones were re-thinking their lack of exposure.