All Real Assets articles in September 2009 (Online)

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  • APG-led action forces ProLogis into talks
    News

    APG-led action forces ProLogis into talks

    2009-09-28T17:52:00Z

    EUROPE – Prologis European Properties (PEPR) has postponed an extraordinary general meeting (EGM) following shareholder activism led by APG.

  • Return targets are aimed too high, say real estate experts
    News

    Return targets are aimed too high, say real estate experts

    2009-09-28T17:39:00Z

    US/UK – Return expectations for opportunistic real estate strategies targeting the UK and US may be too high, experts have warned.

  • RBS pension fund signs airspace tenants
    News

    RBS pension fund signs airspace tenants

    2009-09-28T17:37:00Z

    UK – Standard Life Investments has let over 105,000 square feet of warehouse space in the South East of England on behalf of the pension fund of the Royal Bank of Scotland.

  • UK pensions see fresh life in real estate
    News

    UK pensions see fresh life in real estate

    2009-09-28T17:32:00Z

    UK – More than half of UK pension funds are planning to increase their allocation to commercial real estate, despite the dramatic falls in values since 2007, according to research by investment manager Prupim and the Pensions Management Institute.

  • German real estate potential leapfrogs London and Paris
    News

    German real estate potential leapfrogs London and Paris

    2009-09-28T17:16:00Z

    EUROPE – Munich has overtaken London and Paris as the best European city for real estate investment over the medium-term, according to LaSalle Investment Management.

  • APREA opens its doors to pension funds
    News

    APREA opens its doors to pension funds

    2009-09-28T17:10:00Z

    ASIA – Pension funds will be able to join the Asian Public Real Estate Association for the first time after the organisation created a new membership category.

  • Rothschild and Shaner to hotel loans  REIT
    News

    Rothschild and Shaner to hotel loans REIT

    2009-09-28T17:07:00Z

    UNITED STATES - Rothschild Realty and Shaner Hotel Group have formed a new investment entity called Shaner Mortgage REIT, which will invest $200m (€135.1m) in the purchase of whole loans secured by US hotel properties.

  • Ohio PERS raises real estate allocation
    News

    Ohio PERS raises real estate allocation

    2009-09-28T16:54:00Z

    UNITED STATES - Ohio Public Employees Retirement System has decided to increase its targeted allocation to real estate from 7% to 10%.

  • Institutions turning to rented housing
    News

    Institutions turning to rented housing

    2009-09-28T16:40:00Z

    EUROPE – Institutional investors are seeking safety in housing real estate as an investment option but not all opportunities are equal, the German real estate company Patrizia has suggested in a study.

  • UK real estate has bottomed, claims IPD
    News

    UK real estate has bottomed, claims IPD

    2009-09-21T17:48:00Z

    UK – The commercial real estate market in the UK bottomed out in July, according International Property Databank.

  • Progress almost complete on real estate disposal
    News

    Progress almost complete on real estate disposal

    2009-09-21T17:47:00Z

    NETHERLANDS – Progress, the Dutch pension fund of food giant Unilever, is close to completing the disposal of its entire directly-held real estate portfolio.

  • Borrowing costs are improving - JLL
    News

    Borrowing costs are improving - JLL

    2009-09-21T17:44:00Z

    GLOBAL – There is growing evidence that the cost of borrowing in the global unsecured real estate debt markets is finally starting to fall, according to Jones Lang LaSalle.

  • BAE Pension taps coastal space
    News

    BAE Pension taps coastal space

    2009-09-21T17:41:00Z

    UK – The pension fund of BAE Systems in the UK has bought a retail warehouse through property fund managers LaSalle Investment Management.

  • Birmingham shoppers to support Australian pensions
    News

    Birmingham shoppers to support Australian pensions

    2009-09-21T17:34:00Z

    AUSTRALIA/UK – The Australian government’s Future Fund has bought a 33% stake in the Bullring in Birmingham, England from Land Securities.

  • News

    Invesco eyes slush fund over real estate distributions

    2009-09-21T17:28:00Z

    UNITED STATES - Invesco Real Estate may cease issuing quarterly distributions to investors in its Invesco Core Real Estate Fund during the third quarter, in favour of building additional cash reserves for the fund.

  • Texan pension funds kickstart shift back into real estate
    News

    Texan pension funds kickstart shift back into real estate

    2009-09-21T17:00:00Z

    UNITED STATES - Texas Permanent School Fund is hoping to become a major player in real estate over the next four years and invest up $1bn (€686.7m), just as local rival Teacher Retirement System of Texas has appointed LaSalle Investment Management to run a special real estate vehicle specialising in ...

  • SBZ completes investment outsourcing in tough market
    News

    SBZ completes investment outsourcing in tough market

    2009-09-21T16:30:00Z

    NETHERLANDS – SBZ, the €2.3bn pension fund for health insurance employees, has completed the final stage of its outsourcing to Russell Investments and moved its indirect real estate holding to the asset manager, following a sale of its direct domestic holdings.

  • Secondary market receives transparency boost
    News

    Secondary market receives transparency boost

    2009-09-14T17:50:00Z

    UK - CB Richard Ellis and property derivatives specialists GFI have attempted to cultivate the nascent secondary market in unlisted property funds with the launch of a dedicated portal.

  • CalSTRS in European move
    News

    CalSTRS in European move

    2009-09-14T17:35:00Z

    UNITED STATES - California State Teachers Retirement System (CalSTRS) has made one new real estate investment and transferred one existing asset to a different manager during the second quarter of 2009.

  • BBC receives offer for London office
    News

    BBC receives offer for London office

    2009-09-14T17:35:00Z

    UK – The pension fund of the British Broadcasting Corporation (BBC) has confirmed that it has been offered £30m (€34m) for its office building in London.