Office – Page 161
-
News
Denmark's ATP returns to real estate market
DENMARK – Denmark's largest pension fund ATP has made its first direct real estate acquisition in two years, acquiring a high-profile office block in central Copenhagen.
-
News
French commercial real estate returns to positive territory, says IPD
FRANCE – Commercial real estate in France has emerged from a two-year slump to record a six-month 1.6% capital appreciation, according to Investment Property Databank (IPD).
-
News
AMF makes largest Swedish transaction in over two years
SWEDEN – Swedish pension provider AMF and German open fund manager DEKA Immobilien Investment have executed the largest single real estate deal in the city of Stockholm for more than two years.
-
News
CalPERS continues Brazilian joint venture with Hines
GLOBAL – The $210bn (€158bn) California Public Employees Retirement System (CalPERS) has given its latest endorsement to Hines' Brazilian real estate expertise by committing to the third in a series of joint ventures in the South American market.
-
News
Invesco fund shows German appetite for UK property remains strong
EUROPE – Invesco Real Estate has raised €75m from four German institutional investors, enabling it to make a first closing for its latest UK real estate fund.
-
News
German Spezialfond looks to invest in Belgium, France
GERMANY – HypoVereinsbank's real estate investment subsidy iii-Investment has launched a new Spezialfond, aiming to raise €400m worth of capital.
-
Magazine
Still playing safe
Opportunities abound in office markets around the world but are some already becoming overpriced? The preference is still for quality as economic uncertainty persists, says Lynn Strongin Dodds
-
News
Nebraska puts $63m into core commingled funds
GLOBAL – The Nebraska Investment Council (NIC) has approved $63m (€49.6m) worth of real estate commitments into core open-ended commingled funds.
-
News
BA Pensions teams up with Columbus on City office buy
UK – The British Airways Pension Fund has entered into a 50/50 joint venture with the Columbus UK Real Estate Fund to acquire London City office Austin Friars House for £25m (€30.6m).
-
News
Pension schemes shifting toward city centres, says Cushman & Wakefield
EUROPE – European pension schemes are diverting their retail exposure away from shopping centres toward city-centre high streets in search of higher yields generated by active management.
-
News
AFIAA shuns London for Scottish investment
UK – AFIAA, the global property investor owned by 18 Swiss pension funds, has made its second acquisition in the UK, having bought a new mixed-use development in Edinburgh.
-
News
Standard Life Investments makes pair of direct buys in Brazil
GLOBAL – Standard Life Investments (SLI) has built up its global fund's exposure to the Brazilian office sector with two direct acquisitions.
-
News
Union Investment sells prime UK office building after 12 months
UK – Union Investment has sold a prime London City office building to Hammerson and the Canada Pension Plan Investment Board (CPPIB) after buying it only 12 months ago, netting more than £34m (€41m) in capital appreciation in the process.
-
News
Oklahoma Teachers to invest $425m in core strategy
GLOBAL – The Teacher Retirement System of Oklahoma is planning to invest $425m (€324.1m) into a core, open-ended commingled fund strategy.
-
News
Spain's BBVA offloads second round of bank branches
EUROPE – Banco Bilbao Vizcaya Argentaria (BBVA) has offloaded a second tranche of property assets to the group of RREEF Europe, Area Property Partners and Europa Capital for €364m.
-
News
European office fundamentals remain strong, says Jones Lang LaSalle
EUROPE – Take-up of office space in Europe increased marginally in the second quarter despite growing economic uncertainty over austerity measures and concerns surrounding sovereign debt, according to Jones Lang LaSalle (JLL).
-
News
Brookfield Properties reinvents self, invests $1.4bn in offices
GLOBAL – Brookfield Properties is planning to invest more than $1.4bn (£885m) in 16 offices across Australia held by Brookfield Asset Management and reposition itself into a "global, pure-play office property company".
-
News
European occupancy markets dragged down by austerity measures
GLOBAL – While occupier demand is rising in the majority of countries across the globe, austerity measures to reduce fiscal deficits are causing a drag on euro-zone and UK real estate markets, according to the latest global report from the Royal Institute of Chartered Surveyors (RICS).
-
News
Valad takes over management of €480m Swedish portfolio
SWEDEN – Valad Europe, the pan-European, multi-let real estate investment management business of Valad Property Group, has been appointed to take over the investment management of a €480m property portfolio in Sweden.
-
News
BT and Royal Mail pension JV sells Brindleyplace assets
UK – A joint venture between the BT and Royal Mail pension funds, developer Argent and fund manager Tritax has sold five office buildings in Birmingham for £190m (€225m).
