Real Estate News – Page 757

  • News

    San Bernardino to cash in real estate

    2009-01-15T17:15:00Z

    UNITED STATES - San Bernardino County Employees Retirement Association has voted to issue redemption queues in three open-ended commingled funds amounting to $106m (€80.3m).

  • News

    Activity sees IVG buy German retail from AEW

    2009-01-15T17:12:00Z

    Europe – AEW Europe’s pan-European fund has sold its prime retail asset in Hamburg for €94m, proving the German real estate market is still showing signs of activity despite the credit crunch.

  • News

    Wisconsin extends commingled fund relations

    2009-01-15T17:10:00Z

    UNITED STATES - Wisconsin State Investment Board has approved two new commitments worth €42m with existing commingled fund managers.

  • News

    Higher yields allude to lower income growth - CBRE

    2009-01-15T16:58:00Z

    EUROPE – Yields across all commercial sectors in Europe, Middle East and Africa markets have increased in the fourth quarter of 2008 and may reflect a poor outlook for rents, according to latest data from the CB Richard Ellis EU-15 yield indices.

  • News

    Pressured Hypo wins time extension

    2009-01-15T16:55:00Z

    GERMANY- Hypo Real Estate Group has received an extension on the €30bn framework guarantee granted by the German Financial Markets Stabilisation Fund (SoFFin) amid rumours that the German Government is considering taking a stake in the company.

  • News

    US Reits fall over a third

    2009-01-12T17:10:00Z

    UNITED STATES - Real Estate Investment Trusts lost on average 37.3% in 2008, according to the latest report by the National Association of Real Estate Investment Trusts (REITs) in the United States.

  • News

    ING enters Polish retail space

    2009-01-12T17:06:00Z

    Czech Republic – ING Real Estate Investment Management has acquired a €125m shopping centre in the Czech Republic and added it to the ING Property Fund Central Europe.

  • News

    Real estate loses a fifth for UK pensions

    2009-01-12T16:53:00Z

    UK – Property generated a loss of 21% for the WM UK Pension Fund and Charity Fund universe in 2008, according to preliminary results released by State Street Investment Analytics.

  • News

    JPM’s Schwab moves to Abu Dhabi

    2009-01-12T16:50:00Z

    GLOBAL – The Abu Dhabi Investment Authority (ADIA), the world’s largest sovereign wealth fund, has hired Bill Schwab as global head of real estate, it was announced last week.

  • News

    Henderson weds Croom for retail property (amended)

    2009-01-12T16:34:00Z

    EUROPE – Henderson Global Investors has appointed Katherine Groom as portfolio manager for its pan-European retail property fund, Herald.

  • News

    More than €50bn waiting to be deployed in Europe

    2009-01-08T16:25:00Z

    EUROPE – More than €50bn of equity is targeting European commercial real estate this year, according to the latest European capital markets research carried out by Jones Lang LaSalle (JLL).

  • News

    Interest in US derivatives picks up

    2009-01-08T16:17:00Z

    UNITED STATES – The use of property derivatives by institutional investors, including pension funds, has increased in the United States, following their losses resulting from the financial crisis, according to data analysts.

  • News

    PBGC moves into real estate with three ‘strategic partners’

    2009-01-08T16:13:00Z

    US – The Pension Benefit Guaranty Corporation (PBGC) has selected BlackRock, Goldman Sachs and JP Morgan to mange $2.5bn (€1.9bn) in real estate and private equity assets.

  • News

    Land Securities sells Trillium

    2009-01-08T16:11:00Z

    UK – Land Securities Group, the UK’s largest real estate investment trust (REIT), announced today it has agreed the sale of Trillium to Telereal, a property investment company, for £750m (€832m).

  • News

    Rene Tremblay joins Caisse de Depot

    2009-01-08T16:04:00Z

    CANADA – Caisse de dépôt et placement du Québec, manager of public pension plans in Québec, has appointed Rene Tremblay as executive vice-president of real estate.

  • News

    Over-exposed Alaska Retirement issues redemption queues

    2009-01-08T15:56:00Z

    UNITED STATES – Alaska Retirement Management Board (ARMB) is to issue $103m (€76.3m) of redemption queues on three open-ended commingled funds as its allocation to real estate exceeds its strategic target.

  • News

    Illinois State Universities to capitalise on 2009 opportunities

    2009-01-08T15:54:00Z

    UNITED STATES – State Universities Retirement System of Illinois has entered into the opportunistic real estate space by making a $40m (€29.4m) commitment to the Dune Real Estate Fund II.

  • News

    Barclay made associate at Nordic Retail Fund

    2009-01-08T15:49:00Z

    EUROPE – Protego Real Estate Investors has appointed Calum Barclay as an associate within its Nordic Retail Fund, it was announced this week.

  • News

    Goodman and L&G raise equity for ABPP

    2009-01-06T15:45:00Z

    GLOBAL – Australia’s Goodman Group and the UK’s Legal & General have raised £350m (€383m) of equity for real estate fund Arlington Business Park Partnership (ABPP).

  • News

    EDHEC launches French index

    2009-01-06T15:40:00Z

    FRANCE – French business school EDHEC has launched a monthly index for commercial property in France with the help of the Institut de l'Epargne Immobilière et Foncière (IEIF), an independent French real estate research institute.