All articles by Poppy Sketchley – Page 4
-
News
Student accommodation reopens under revised terms
UK – Brandeaux has reopened its student accommodation fund this week by issuing a new share class and amending redemptions rules.
-
News
Office to recover in 2010 – C&W
GLOBAL – Global office property markets continue to face uncertainty and tough times ahead but should start recovering in 2010, suggests the latest research by Cushman & Wakefield.
-
News
INREV and IPD end data deal
GLOBAL - The European Association for Investors in Non-listed Real Estate Vehicles (INREV) has ended its agreement with the Investment Property Databank (IPD) to provide data and a fund index service.
-
News
Cordea makes new international signing
GLOBAL – Cordea Savills, the international property fund manager, has appointed Michael Flynn as global head of its institutional business.
-
News
Sweden sees first signs of real estate downturn
SWEDEN – Swedish commercial real estate returns fell to -3.3% in 2008, according to latest figures from the SFI/IPD Index published by the Investment Property Databank (IPD).
-
News
Quebec loses a fifth on real estate
CANADA – The Caisse de dépôt et placement du Québec’s real estate portfolio declined by 21.9% in 2008, contributing to a loss worth a quarter of the firm’s total value.
-
News
Lancashire lays groundwork for infrastructure investing
UK - The Lancashire County Council Pension Fund is considering investing around £80m (€89.55m) in infrastructure as part of a new strategy to diversify its investments.
-
News
Preqin reveals record debt interest
GLOBAL – Distressed debt fundraising from institutional investors reached record highs in 2008 as a result of the volatile markets, according to Preqin’s latest monthly report.
-
News
Real estate holding lessened pain for OMERS
CANADA – The Ontario Municipal Employees Retirement System (OMERS) suffered an overall net loss of $8bn (€6.25bn) in 2008, although its real estate investments performed relatively well despite the financial downturn.
-
News
Fund fall forces Alaska to shelve alternatives plans
US – The Alaska Permanent Fund Corporation (APFC) Board has scrapped some of its alternative investment plans following the corporation’s decline in value in 2008.
-
News
CalSTRS mulls shift to discounted property debt
US – The California State Teachers’ Retirement System (CalSTRS) is considering increasing its target allocation to real estate as the Board proposes temporarily shifting $6bn from global equities to higher returning debt investments.
-
News
IPD unveils sustainability benchmarking
GLOBAL – The Investment Property Databank (IPD) today launched an environmental benchmarking service for commercial real estate occupiers.
-
News
S&P predicts further gloom in US housing
US – The residential real estate market in the United States looks set to continue falling in 2009 after house price declines reached record lows at the end of 2008, according to Standard & Poor’s Case-Shiller Home Prices Indices.
-
News
Hotels sector advised to build the brands
GLOBAL – Hotel markets worldwide will continue to suffer in 2009 but operators should use the downturn to step up their game, according to a report by Ernst & Young (E&Y).
-
News
Outflows hit Invista REIM’s results
UK – Invista Real Estate Investment Management suffered a 32% drop in revenue in 2008, according to preliminary results for the year.
-
News
Canadian real estate hits 14-year low
CANADA – Canadian real estate returns fell 12.1% in 2008 to a 14-year low, according to figures released by Investment Property Databank (IPD).
-
News
CalPERS signs real estate exec
US – The California Public Employees’ Retirement System (CalPERS) has appointed James Lasher as senior portfolio manager of its real estate housing portfolio.
-
News
Union to tap German GEOFs repricing
GERMANY – Union Investment Real Estate AG has welcomed proposals for regulation changes regarding German open-ended funds (GEOFs) and aims to take advantage of repricing to invest in traditionally core markets.
-
News
Axa keeps on growing real estate
SCANDINAVIA – AXA Real Estate Investment Management (AXA REIM) has increased its retail investments and expanded its team in the Nordic and Baltic regions.
-
News
Banks take over Spain’s real estate giant
SPAIN – Metrovacesa SA, Spain’s largest property firm, has handed over majority control of the company to six of its creditor banks in exchange for debt.
