All articles by Richard Lowe – Page 83
-
News
BRIC-built recovery expected - JLL
GLOBAL – The BRIC countries will lead the global real estate market recovery as their economic expansion boosts occupier demand across all sectors and cross-border investment returns, according to Jones Lang LaSalle (JLL).
-
News
Value emerging in industrials - Hansteen
UK – European industrial real estate investment trust (REIT) Hansteen has purchased an industrial estate and is in due diligence on three others for its new UK fund backed by institutional investors.
-
News
Investors seek Nordic expansion
GERMANY/NORDICS – Institutional investors in Germany have asked Schroders to increase the size of their fully invested Nordic fund and given permission to the fund manager to raise additional equity from new investors.
-
News
APG and Corio to invest €1.3bn in European retail
EUROPE – Pension fund asset manager APG has agreed to help listed real estate company Corio raise enough capital to acquire more than €1.3bn worth of retail assets in Europe.
-
News
Aviva's AIPL investments near €290m
UK – Aviva Investors has acquired more than £260m (€289m) of UK real estate over the last six months for its AIPL vehicle, a low-risk real estate fund for institutional corporate and local authority pension schemes.
-
News
Investor strategy prompts IVG Spezialfonds rethink
GERMANY – IVG Immobilien, Germany's largest provider of institutional open-ended real estate funds, is to dissolve three of its Spezialfonds, which together hold approximately €2bn in real estate assets.
-
News
West Midlands bags UK shopping centre
UK – Property company and fund manager Delancey has sold a UK shopping centre for more than £70m (€78m) to the West Midlands Pension Fund.
-
News
Morgan Stanley launches secondaries fund
GLOBAL – Morgan Stanley has launched the first real estate fund of funds vehicle dedicated specifically to acquiring secondary interests in existing funds.
-
News
INREV predicts UK institutional investors to tap real estate growth
UK – The total volume of capital invested in real estate by UK institutional investors is set to grow by 20% over the next three years as pension funds increase their allocations to the asset class and move out of underweight positions, according to new a survey.
-
News
British Steel pension moves into music store
UK – The British Steel Pension Fund has acquired an HMV music store in Manchester from a private investor for £18.9m (€21.14m) and plans to make further acquisitions over the next 18 months.
-
News
Inflation worries bring closer scrutiny of Asian real estate
ASIA-PACIFIC – There is a growing concern over the prospect of inflation rising too quickly in the main economies of Asia, but Aberdeen Property Investors believes the respective authorities have sought to tackle the issue pre-emptively and in a positive manner.
-
News
German pension funds find a way to tap core US real estate
US/GERMANY – Invesco Real Estate has raised $120m (€87m) from four German institutional investors to invest in core US real estate.
-
News
Asian investors eye real estate fund-of-funds
ASIA-PACIFIC – Franklin Templeton Real Estate Advisors (FTREA) has identified a new generation of local real estate managers in Asia Pacific, which the fund of funds manager is currently assessing for its second vehicle targeting the region.
-
News
Low carbon property fund to target 'high-quality tenants'
UK – A new 'low carbon' real estate fund is being planned to refurbish 50 properties in the UK into high specification energy efficient space and offer it to tenants at ‘market prices’.
-
News
Standard Life snaps up Tesco 'eco' sale-and-leaseback
UK – Standard Life Investments has acquired a Tesco Extra Supermarket in Shrewsbury for its £1.85bn (€2.04bn) Pooled Property Pension Fund.
-
News
Columbus changes pension funds' course for value-added real estate
UK – Schroders has raised capital from pension funds for a new value-added real estate fund, bucking the trend for core investment strategies that have predominated over the past two years.
-
Magazine
Proceed with caution
Pension funds are finding buying opportunities in short supply at the moment, but are content to wait and watch for the right properties. Richard Lowe reports
-
Magazine
Raising awareness
The development of property derivatives and institutional investment in residential property are key interests of Peter Pereira Gray. These are just two of his prime concerns in his role as chairman of the Investment Property Forum. He talks to Richard Lowe
-
News
Pre-MIPIM talk is of interest in banks’ real estate books
EUROPE – The hot topic at this year’s MIPIM event in Cannes is going to be how banks manage and offload the real estate assets on their books, panellists concluded during IPE Real Estate’s inaugural webinar.
-
News
Hamborner resurrects German listed real estate with Reit move
GERMANY – Hamborner has become the third real estate company in Germany to convert to a real estate investment trust (REIT) status, prompting speculation that the country’s REIT may finally start to grow.