All articles by Richard Lowe – Page 95
-
MagazineGrowing pains
Danish pension fund ATP signalled its international intent this year with its first real estate investments outside Europe. Michael Nielsen tells Richard Lowe about the challenges in managing a global indirect portfolio that is growing larger than its direct domestic counterpart
-
Magazine
East or West?
Global diversification is the order of the day for many European pension funds. For some, Asia is the obvious destination to diversify away from European real estate. For others it’s the US.
-
MagazineHome or away?
Continental Europe is the obvious next step for UK pension funds keen to diversify their domestic-based portfolios. But, as Richard Lowe discovers, its deteriorating outlook has strengthened the case for ‘going global’ while many are seeking opportunities at home
-
MagazineFar from the madding crowd
Banks with any real appetite for lending are few and far between and seem justified in their strict conditions and high margins. Yet while developers suffer, many pension funds could benefit. But how long will the new realism last?
-
MagazineGet in line
Investors increasingly seek fund managers that can demonstrate an alignment of interest. But achieving effective alignment can be a challenge, especially as lower return prospects spell implications for incentive fees.
-
MagazineLocation, location, Location
With so much choice when it comes to domiciling new real estate products, finding the right home is less a choice between onshore and offshore jurisdictions and more a decision over regulated versus unregulated, Richard Lowe discovers
-
News
Three out of four funds stand firm to real estate
UK – Three-quarters of UK pension funds are either maintaining or increasing their current level of exposure to real estate despite the recent turmoil in their domestic commercial property market.
-
News
EPRA calls for focus on cross-border possibilities
EUROPE - Addressing the barriers to efficient cross-border investment in European real estate is more important in the near-term than lobbying for the creation of pan-European real estate investment trust (REIT) regime, according to the European Public Real Estate Association (EPRA).
-
MagazinePushing out the boundaries
The current climate has presented investors with a new set of investment options, not all of which are as clear as one might like.
-
MagazineOne-way traffic
One of the best ways to avoid spikes in redemptions of open-ended funds is to diversify the investor base.
-
MagazineSupertanker on world cruise
Pensioenfonds Zorg en Welzijn (PFZW) – the Dutch pension fund for the care and welfare sector – is one of Europe’s largest investors, with €13bn of real estate assets under management.
-
MagazineIrrational fears
Unnecessary scepticism about foreign real estate means that Swiss investors are limiting their own scope. And are they placing too much emphasis on liquidity?
-
MagazineStrategically speaking
Despite the challenging times being experienced by real estate, allocations to the asset class are set to increase. Flexibility in how and when to reach the target allocation seems to be the best policy. Richard Lowe spoke to three funds
-
MagazineNo end in sight?
The demand-supply balance is far healthier than it was in the 1990s, but it is clear the credit crunch is no short-term blip. The question is how long before it begins to affect the fundamentals of real estate?
-
MagazineFruits of consolidation
With the acquisition of Goodman Property Investors following the purchase of DEGI, Aberdeen PI has catapulted itself up the investment management league table, keeping true to the ambitious growth strategy it set some years ago.
-
MagazineDiversified content yields performance
Converging returns in Europe and a possible change in the role of property were among the subjects at covered IPD’s European investment conference in Berlin. Richard Lowe was there
-
.jpg)
MagazineSizzling Asia feels the heat
The statistics are still impressive and prospects are good. But the effects of the credit crunch are being felt in Asia with the added sting of inflation, as delegates to REIW Asia, among them Richard Lowe, found out
-
News
LPFA commits to ING’s global real estate FoF
UK - The London Pension Fund Authority has committed £150m (€190m) of capital to a new global property fund of funds (FoF) launched this week by ING Real Estate Select.
-
MagazineInto the mainstream
Investors are moving Asia to their long-term strategic allocations but are they being rewarded adequately for the risk? Richard Lowe reports
-
Magazine
Spoilt for choice
Diversification and opportunity are the two key reasons why the Dutch giant ABP is increasing its exposure in Asia, with the rapidly expanding non-listed markets looking increasingly investable. Richard Lowe reports
