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

  • USS disposes of industrial space
    News

    USS disposes of industrial space

    2009-10-12T18:03:00Z

    UK – The Universities Superannuation Scheme (USS) has sold 11 industrial assets from its recently acquired Equiton portfolio to Scottish Widows Investment Partnership Property (SWIP) Trust.

  • Aberdeen pension fund goes shopping in East Anglia
    News

    Aberdeen pension fund goes shopping in East Anglia

    2009-10-12T18:01:00Z

    UK – Aberdeen Property Investors has purchased five retail units in the UK on behalf of the Aberdeen City Council Pension Fund.

  • BBC pension fund moves out of London’s Regent Street
    News

    BBC pension fund moves out of London’s Regent Street

    2009-10-12T17:44:00Z

    UK – CB Richard Ellis Investors has confirmed the sale of Mutual House, owned by the pension scheme of the British Broadcasting Corporation (BBC), for £30m (€32.1m), reflecting a yield of 5.4%.

  • Tesco continues property deals with pension funds
    News

    Tesco continues property deals with pension funds

    2009-10-12T17:40:00Z

    UK – Tesco has formed a fourth joint venture with a UK pension fund to sell and leaseback property assets, in an effort to release value from its property portfolio.

  • Heitman buys into shopping venture
    News

    Heitman buys into shopping venture

    2009-10-12T17:35:00Z

    UNITED STATES – Heitman, the real estate asset manager, has formed a joint venture with Macerich, the US shopping centre owner, and bought a major stake in two US regional shopping centres.

  • GE pension fund caught up in real estate loan battle
    News

    GE pension fund caught up in real estate loan battle

    2009-10-05T17:48:00Z

    FRANCE – Creditors of Paris office complex Coeur Défense may appeal a court ruling which forced them to extend a securitised €1.5bn loan to the property’s joint owners, one of which is a General Electric pension fund.

  • CalEast CEO resigns
    News

    CalEast CEO resigns

    2009-10-05T17:47:00Z

    UNITED STATES - Russ Blackwell, chief executive of CalEast Global Logistics, has resigned as head of the company but is staying on with the company until the end of the year.

  • Invesco predicts equity/property correlation will lessen
    News

    Invesco predicts equity/property correlation will lessen

    2009-10-05T17:45:00Z

    GLOBAL – Real estate will go back to offering full diversification effects, having lost some of its credibility as a decorrelated asset class, research from Invesco has predicted.

  • USS snaps another high street bargain
    News

    USS snaps another high street bargain

    2009-10-05T17:38:00Z

    UK – The Universities Superannuation Scheme (USS) has made another retail acquisition in the UK, taking its total UK real estate investment in 2009 to £300m (€327m).

  • INREV’s van Doorn returns to ING roots
    News

    INREV’s van Doorn returns to ING roots

    2009-10-05T17:36:00Z

    EUROPE – Lisette van Doorn is leaving the European Association for Investors in Non-Listed Real Estate Vehicles (INREV) to rejoin ING Real Estate Investment Management.

  • SWIP re-enters European retail property
    News

    SWIP re-enters European retail property

    2009-10-05T17:34:00Z

    EUROPE – Scottish Widows Investment Partnership (SWIP) has signalled its intention to re-enter the continental European real estate market with the launch of retail fund run in partnership with Cushman & Wakefield Investors (CWI).

  • Oregon tops up distressed debt real estate holdings
    News

    Oregon tops up distressed debt real estate holdings

    2009-10-05T17:32:00Z

    US – Oregon Public Employees Retirement Fund has demonstrated its ongoing commitment to Lone Star Funds by committing a further $400m (€273.6m) of capital to the distressed real estate debt specialist.

  • San Bernardino County turns to European debt
    News

    San Bernardino County turns to European debt

    2009-10-05T17:30:00Z

    UNITED STATES - San Bernardino County Employees Retirement Association is planning to invest a total of €60m (€41m) the Apollo European Principle Finance Fund, although at least $20m of those assets are being as co-investments to specific transactions.