All articles by Richard Lowe – Page 65
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Thursday people roundup
KKR, European Property Federation, Cordea Savills, Aberdeen, Deutsche Postbank, Colliers, IPF
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Return of capital appreciation boosts Danish property returns
IPD Danish Property index shows total returns were 5.3% in 2010, higher than last year's 3.8%.
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Aberdeen takes on €850m of distressed assets
Company to manage Nordic portfolio run by Property Group, as well as Danish-owned portfolio in Sweden.
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Invesco continues to attract capital for hotel strategy
Company achieves first close for second pan-European fund after fully investing first fund last year.
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Composition Capital looking to launch European fund of funds
Company in talks with investors about new fund, having fully invested existing European products.
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Real estate adviser Savills expands in Sweden, US
Acquires Stockholm-based real estate management firm and opens offices in the US.
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Aviva Investors wins second Dutch property mandate
Company to manage pension fund's global portfolio of non-listed real estate investments.
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Sveafastigheter reaches €300m target for Nordic fund
Real estate manager secures commitments from local, European and US investors.
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Thursday people roundup
Mayfair Capital, Internos, AREA Property, AEGON AM, Warburg-Henderson, ANREV, GE Capital, Westfield
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Allianz Real Estate, AMB enter euro-zone logistics joint venture
Allianz Real Estate has entered into a joint venture with AMB Property Corporation to invest and manage logistics real estate assets in the euro-zone.
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Ireland's NAMA could take 10 years to sell real estate loans
Organisation pledges to be part of solution no neighbouring Northern Ireland's problems.
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Invista highlights European north-south divide
Company predicts south will lag behind north due to slower GDP growth over next five years.
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US property rebounds to double digit returns, led by apartments – IPD
Total return rises to highest level in five years, up from 18.7% loss in 2009.
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Thursday people roundup
RREEF, TAN-EU Capital, Cushman & Wakefield, Behringer Harvard, Segro, British Land.
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Partners Group pursues non-core real estate strategy for Swiss pension funds
Swiss investment foundation awards global real estate investment mandate to Partners Group.
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Madrid office market benefits from foreign investor interest
Interest surges due to large sale-and-leaseback transactions, says Savills.
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Swedish investors content to focus on domestic market
INREV survey shows less than 20% of real estate exposure held outside country.
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Plummer to head up CBRE/ING multi-manager businesses
Jan Meulenbelt, global head of ING Real Estate Select, to have leading role in the integration.
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ING to offload property business to CB Richard Ellis
Deal will include ING REIM Europe, ING REIM Asia and US-based Clarion Real Estate Securities.
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Companies ill-prepared for US accounting changes – Deloitte
Vast majority unready for accounting standards that could be introduced this summer.