All Regulation articles – Page 24
-
NewsClavis Walden paifs the way with new structure
UK – Clavis Walden has become the first fund manager to launch a property authorised investment fund (PAIF), an open-ended fund structure offering pension funds the same UK tax benefits as a real estate investment trust (REIT).
-
NewsUK real estate recovery looking shaky - experts
UK – Economic forecasters and property market analysts have warned the recovery in UK commercial real estate market could be unsustainable.
-
NewsIASB backs down from balance sheet property valuation plans
GLOBAL – The International Accounting Standards Board (IASB) has indicated it will not adopt proposals forcing real estate companies to remove property values and rental income from their balance sheets.
-
News'Stuck' on governance: perspectives at PREA
Governance issues and the investor/manager relationship occupied centre stage at this year’s PREA Annual Plan Sponsor Real Estate Conference in Beverly Hills, as Martin Hurst reports.
-
NewsSovereign wealth funds hit by US property tax
GLOBAL - Sovereign wealth funds (SWFs) have been dealt “a significant blow” by changes to the US tax regime, according to Steve Renna, president of the National Association of Real Estate Investment Managers (NAREIM).
-
NewsGE pension fund caught up in real estate loan battle
FRANCE – Creditors of Paris office complex Coeur Défense may appeal a court ruling which forced them to extend a securitised €1.5bn loan to the property’s joint owners, one of which is a General Electric pension fund.
-
NewsAPG-led action forces ProLogis into talks
EUROPE – Prologis European Properties (PEPR) has postponed an extraordinary general meeting (EGM) following shareholder activism led by APG.
-
NewsAIFM could bring less fund choice, claims law firm
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.
-
NewsSchroders calls for fund structure standardisation
GLOBAL - Greater standardisation of the way funds are structured could deliver significant savings for investors, suggests William Hill, head of property at Schroders.
-
NewsValuers advised to consider all transactional evidence
GLOBAL - Investors have been warned they should ensure firms delivering their valuations take all possible scenarios and evidence into consideration when valuing a property, as leaving certain criteria out could be seen as distorting the market.
-
NewsSustainable investment boosted by UNEPFI toolkit
GLOBAL - A new toolkit to guide investors through the process of investing in property in a sustainable manner has been launched by the Property Working Group (PWG) of the United Nations Environment Programme Finance Initiative (UNEP FI).
-
NewsImpact of governance unclear in market downturn
GLOBAL - Speakers at the IPE Real Estate Investor Forum in Amsterdam last week were split over the degree to which the quality of pension fund governance has affected investment performance during the current market downturn.
-
NewsReal estate valuation model within sight?
GLOBAL - There are signs that the long-established debate between proponents of mark-to-market valuations and champions of the German long-term sustainable approach value are beginning to move towards a compromise.
-
NewsAlternatives EC directive ‘too wide’ for real estate
EUROPE - The EU’s proposed directive on alternative investment fund managers is too wide ranging in its current form and does not make enough distinction between real estate funds and other alternative investment vehicles, according to legal consultants.
-
.jpg)
NewsUK seeks pension fund investment in housing
UK - Plans to encourage pension funds to invest in private rented housing have been announced by the UK government’s Housing and Communities Agency (HCA).
-
NewsEC to regulate alternatives managers worth over €250m
EUROPE - Managers of hedge funds, private equity and real estate funds would escape regulation under a proposed European Commission directive targeting alternative investment fund managers, if their assets under management total less than €250m.
-
NewsTEGoVA seeks to shed light on valuations
EUROPE – The European Group of Valuers Association (TEGoVA) has launched a valuation standards document to help professionals and clients deal with the valuation challenges brought about by the economic recession.
-
NewsCampaign pushes for US-style infra tax scheme
UK – The British Property Federation (BPF) is backing developers’ calls for UK trials of a scheme for infrastructure funding, modelled on a strategy in the United States which borrows against future tax revenue.
-
NewsIncreased valuations 'now hurting real estate'
UK – Frequent valuations may now be harming property funds’ performance, according to experts speaking at the Investment Property Databank’s UK 2008 Benchmark launch today.
-
NewsJLL sees sustainability lifting pension prospects
EUROPE – Regulation is likely to play a big part in the future of property valuation but could actually benefit pension funds, according to valuation experts at Jones Lang LaSalle (JLL).
