The European Public Real Estate Association (Epra) has awarded IVG Immobilien and UK-based Marylebone Warwick Balfour (MWB) its Best Performer Awards for 2006. The awards, which are sponsored by Dutch merchant bank Kempen & Co and LaSalle Investment Management, were presented 'for the outstanding share price performance, due to good active management, while providing high transparency to investors,' Epra said.
The European Public Real Estate Association (Epra) has awarded IVG Immobilien and UK-based Marylebone Warwick Balfour (MWB) its Best Performer Awards for 2006. The awards, which are sponsored by Dutch merchant bank Kempen & Co and LaSalle Investment Management, were presented 'for the outstanding share price performance, due to good active management, while providing high transparency to investors,' Epra said.
Germany's IVG Immobilien is the winner of the Epra Best Performer Large Cap Award 2006. IVG Immobilien showed a total return in local currency of 82% in 2006. MWB has won the Epra Best Performer Small/Mid Cap Award 2006. MWB showed a total return in local currency of over 62% in 2006.
The awards were presented during Epra’s annual conference held in Athens last week. The Award Committee included Michiel Te Paske of Morgan Stanley; Paul van der Vaart of Morley Investment Management; John Hammond of RREEF; Philippe Le Trung of Citigroup; and Quentin Freeman, chairman of UBS.
