Real Estate News – Page 746

  • News

    Rockpoint checks in for US hotel purchase

    2009-08-10T16:45:00Z

    UNITED STATES - The Rockpoint Group has completed its first acquisition in the United States in 18 months, with the $10m (€6.93m) deal to purchase the 434-room Newton Marriott Hotel in Massachusetts.

  • News

    Distressed assets are at risk - RCA

    2009-08-03T17:44:00Z

    US – The sum of US real estate ‘in distress’ has doubled since the start of the year and the equity of $1.3trn (€900bn) investing in US property is at risk, according to data providers Real Capital Analytics.

  • News

    European offices show signs of improvement

    2009-08-03T17:41:00Z

    EUROPE – Cushman & Wakefield says European commercial real estate markets are beginning to show signs of stabilising, just as International Property Databank (IPD) has announced the return of yield compression in UK West End office markets.

  • News

    New Mexico moves into private real estate

    2009-08-03T17:12:00Z

    UNITED STATES - New Mexico Educational Retirement Board is currently transiting out of public REITs and reinvesting the capital via a private real estate strategy.

  • News

    Sacramento County to hold onto AEW fund

    2009-08-03T17:08:00Z

    UNITED STATES - Sacramento County Employees Retirement System has extended the investment period for its AEW Value Investors II holding.

  • News

    US pension giants lose big on real estate

    2009-07-27T18:13:00Z

    EUROPE – Many of Europe’s cross-border investors returned to the real estate market in the second quarter, replacing domestic investors as the most dominant active group.

  • News

    ING calls the bottom of UK real estate

    2009-07-27T18:11:00Z

    UK – The commercial real estate market in the UK has bottomed out in relation to property yields, according to Ian Whittock, chief investment officer at ING Real Estate Investment Management.

  • News

    BMW pension redistributes its real estate

    2009-07-27T18:10:00Z

    UK – The UK pension fund of car manufacturer BMW has sold a distribution centre in Europort, Wakefield to UK real estate company Patrick Properties.

  • News

    Axa REIM edges towards China real estate fund

    2009-07-27T18:09:00Z

    ASIA/EUROPE – AXA Real Estate Investment Managers (AXA REIM) has moved one step closer to creating a dedicated Chinese real estate fund.

  • News

    Aviva to invest £1bn in UK rental housing

    2009-07-27T18:07:00Z

    UK – Aviva Investors is intending to launch a real estate fund aimed at pension funds and institutional investors that will invest in UK residential assets.

  • News

    Cross-border activity rises in Europe

    2009-07-27T18:00:00Z

    EUROPE – Many of Europe’s cross-border investors returned to the real estate market in the second quarter, replacing domestic investors as the most dominant active group.

  • News

    C&W sees German investor return to real estate

    2009-07-27T17:34:00Z

    GERMANY – Real estate consultant Cushman & Wakefield (C&W) is convinced the slowdown in real estate investment among German institutional investors is over.

  • News

    AIFM could bring less fund choice, claims law firm

    2009-07-24T16:15:00Z

    EUROPE – A Paris-headquartered law firm has warned current proposals for the Alternative Investment Fund Managers (AIFM) Directive could lead to a lack of choice of funds in the future unless European officials can work with US and international counterparts to improve regulatory terms on alternative investments.

  • News

    Mercer expands real estate operation

    2009-07-21T17:00:00Z

    UNITED STATES- Mercer Investment Consulting is growing its real estate staff with the hiring of David Nix as a senior researcher.

  • News

    Florida Board of Administration reassigns MS managed assets

    2009-07-21T16:55:00Z

    UNITED STATES - Florida State Board of Administration has signed contracts to transfer 85% of the $2.7bn (€1.93bn) separate account assets previously managed by Morgan Stanley Real Estate to Heitman, L&B Realty Advisors and Invesco Real Estate.

  • News

    South Yorks invests in UK retail development

    2009-07-21T16:50:00Z

    UK – The South Yorkshire Pension Fund has agreed to fund a shopping centre redevelopment in Wales for £11.8m.

  • News

    Sarasin launches new green listed fund

    2009-07-21T16:35:00Z

    GLOBAL – Sarasin has launched what it claims to be the world’s first fund to specialise in investing in sustainable real estate companies.

  • News

    CalPERS in $1bn retail joint venture

    2009-07-21T16:30:00Z

    US – California Public Employees' Retirement System (CalPERS) has entered into a joint venture with First Washington Realty, which will purchase close to US$1bn (€700m) in retail real estate assets from Macquarie CountryWide Trust.

  • News

    SBZ begins direct portfolio sell-off

    2009-07-14T11:48:00Z

    NETHERLANDS - SBZ, the €2.2bn Dutch pension fund for care insurer employees, has made its first two disposals of direct property holdings as part of a transition to a wholly indirect real estate exposure.

  • News

    Teeside begins UK acquisition programme

    2009-07-14T11:43:00Z

    UK - The £2bn (€2.1bn) Teesside Pension Fund, administered by Middlesbrough Council, has purchased its first real estate asset through its recently-appointed property manager LV Asset Management (LVAM).