All articles by Poppy Sketchley – Page 13
-
News
Apollo plans a rebrand
GLOBAL – Apollo Real Estate Advisors, the global firm with $11.6bn of equity commitments to investments worldwide, is changing its name to AREA Property Partners from the beginning of next year.
-
News
CBRE trust widens into UK retail
UK - The CB Richard Ellis Realty Trust has expanded its property holdings outside of the United States after purchasing a second major UK retail park.
-
News
REITs are worth it in the long-term – S&P
GLOBAL - Real Estate Investment Trusts (REITs) are still solid, long-term investment choices despite their recent poor returns, according to Standard & Poor’s (S&P) latest global property and REIT report.
-
News
'Flat' review sparks talk over UK housing potential
UK – A government-commissioned report on proposed reforms for UK rented housing has sparked a debate which suggests the country’s top property experts disagree on the best way to help investors tap opportunities in the UK’s residential marketplace.
-
News
Grosvenor to buy a ride on the Chinese dragon
ASIA/UK – Grosvenor, the London-based group of international property investment, development and fund management businesses, has launched a $600m (€468.7m) China retail fund.
-
News
Prupim phases sustainability push beyond the UK
UK/GLOBAL – Prupim, the real estate investment manager, is planning to expand its approach towards sustainability worldwide and address the performance of its international portfolio, with research due to start in North America next month.
-
News
Mixed opinions surface over Middle Eastern property
MIDDLE EAST – Experts are predicting the Middle Eastern real estate markets will significantly outperform all other regions yet the latest data from a central bank suggests real estate valuations in the region have already been hit by the credit crunch.
-
News
Office deal spreads EPISO assets across France
EUROPE – The European Property Investors Special Opportunities (EPISO) fund has increased its property holdings in France after purchasing a €145.6m portfolio from Credit Agricole Asset Management.
-
News
Ontario begins foundations outside Canada
UK/CANADA – Ontario Municipal Employees Retirement System (OMERS), one of Canada’s largest pension funds with net investments of CA$52bn (€32.4bn), is expanding its global presence with the opening of an office in London.
-
News
Dip in property values lower French and Japanese gains
FRANCE/JAPAN – Commercial real estate returns in the French and Japanese property investment markets have quickly slowed to deliver lower returns, the IPD’s biannual studies have revealed.
-
News
Merrill to invest $2.65bn in Asian real estate
ASIA – Merrill Lynch has closed its Asian Real Estate Opportunities Fund after raising $2.65bn for investments despite the turbulent economic climate.
-
News
Investors call for Thai real estate rule change
THAILAND – Thailand’s government is being urged to relax foreign ownership regulations governing real estate, in a bid to shore up its residential property market during the global economic downturn.
-
News
Hermes’ trial to measure financial impact of carbon reduction
EUROPE – Hermes Real Estate is to launch Hermes Emissions Trading Scheme (HETS) in a bid to prepare the asset management firm and its tenants for the Government’s introduction of the Carbon Reduction Commitment (CRC) in October 2009.
-
News
Italian real estate held ground in H1
EUROPE – The total return of Italian pooled property funds dropped during the first half of 2008 but still managed stay in positive territory of 4.1%, according to the latest results from IPD’s Italian Pooled Property Fund study.
-
News
Brazil’s FUNCEF to tackle equity fall with real estate
BRAZIL – FUNCEF, Brazil’s third-largest pension fund and one of the largest in Latin America, plans to allocate approximately BRL520m (€611m) to the fund’s real estate portfolio in a bid to diversify its assets following a huge drop on its chosen equity index
-
News
Dumfries reviews real estate manager and allocation
UK – Dumfries and Galloway pension fund is looking to appoint a pension fund investment manager to manage up to £45m (€58.2m) in its UK and global property assets.
-
News
Swiss pension funds buy Bern housing land
SWITZERLAND – Swiss pension funds have increased their real estate investments in Bern, by acquiring residential fields for new development projects.
-
News
Market pressures force fund extensions
EUROPE – Non-listed real estate funds are increasingly extending the life of their vehicles rather than liquidating them in a bid to avoid the forced sale of their assets at current low market prices, the European Association for Investors in Non-listed Real Estate Vehicles (INREV) has found.
-
News
European real estate shown as Canadian target
CANADA/EUROPE - Major Canadian pension funds continue to invest in European real estate, despite the credit crunch, as consumer and investor confidence remains high, according to DTZ.
-
News
BP deal squares up to property downturn
UK- BP’s pension fund real estate arm Ropemaker Properties has formed a £100m UK investment fund called Cubemaker Partnership with London-based property company Cube Real Estate, that aims to take advantage of the economic downturn and acquire cheap assets.
