Top Stories – Page 1051
-
News
Korea's National Pension Service goes global with $300m US mandate
GLOBAL – The National Pension Service (NPS) of Korea has hired The Townsend Group to invest $300m (€222m) of its capital opportunistically in the Americas.
-
News
Large retails deals on the rise in Australia
AUSTRALIA – The sale of four retail outlet centres for $473m (€351m) has signalled a rebound in interest among institutional investors for large retail transactions in Australia, according to Jones Lang LaSalle (JLL).
-
News
Quarterly INREV index shows first positive returns since 2007
EUROPE – Performance of European non-listed real estate funds returned to positive territory this year, the first time since 2007, according to inaugural quarterly index results for the sector.
-
News
Former pension fund adviser to run 'liquid' global real estate fund
GLOBAL – Pacific Real Estate Capital Partners (PRECP) is to launch low-cost, liquid global real estate fund aimed at institutional investors "frustrated" with the performance of traditional property funds.
-
News
Texas Teachers makes $300m commitment to US Government Building Fund
GLOBAL – The Teacher Retirement System of Texas has become the lead investor in the recently closed US Government Building Fund after Texas Teachers approved a $300m (€230.2m) allocation to the fund.
-
News
San Diego County makes $200m commitment to core fund
GLOBAL – The San Diego County Employees Retirement Association (SDCERA) has approved a $200m (€152m) commitment into the JP Morgan Strategic Property fund.
-
News
CalPERS continues Brazilian joint venture with Hines
GLOBAL – The $210bn (€158bn) California Public Employees Retirement System (CalPERS) has given its latest endorsement to Hines' Brazilian real estate expertise by committing to the third in a series of joint ventures in the South American market.
-
News
Newham Pension Fund backs co-investment housing fund
UK – The London Borough of Newham Pension Fund is to invest in a new residential real estate fund run by Mill Group.
-
News
CPPIB swoops on eight shopping centres
GLOBAL – The Canada Pension Plan Investment Board (CPPIB) has spent C$230.5m (€167m) to acquire interests in eight shopping centres in Canada.
-
News
UN pension fund outsources listed real estate investments
GLOBAL – The United Nations Joint Staff Pension Fund (UNJSPF) is seeking a fund manager to run its portfolio of listed real estate securities.
-
News
Thursday people roundup
GLOBAL – AXA Real Estate, Quintain, Charter Real Estate Investment Trust, CB Richard Ellis, ZBI Central Real Estate, WP Carey
-
News
Denmark's FSP, Lærernes team up on residential development
DENMARK – Danish pension funds FSP Pension and Lærernes Pension have teamed up to invest nearly DKK400m (€53.7m) in a new residential property development in Denmark.
-
News
Henderson launches fifth US apartments fund
US – Henderson Global Investors is planning to launch a fifth fund targeting the US multi-family market, which it has identified as the best-positioned sector in the country.
-
News
European debt strategies finding traction with investors, says LaSalle
EUROPE – LaSalle Investment Management has raised institutional capital for a new real estate debt strategy as a number of fund managers position themselves to capitalise on widespread deleveraging of banks.
-
News
Monday people roundup
EUROPE – AXA Real Estate, Royal Institution of Chartered Surveyors, Cordea Savills, DTZ, Matrix Group
-
News
West Midlands boosts exposure to UK retail with three deals
UK – The West Midlands Pension Fund has bolstered its retail exposure in the UK by adding a shopping centre, warehouse park and supermarket to its direct portfolio.
-
News
UK recovery slows to a crawl as rents continue to suffer – IPD
UK – Capital appreciation in the UK commercial real estate market has slowed to the shallowest monthly growth since the recovery in prices began last summer, according to Investment Property Databank (IPD).
-
News
Cross-border investment returns to pre-crisis levels
GLOBAL – Commercial real estate transactions have almost doubled around the world from last year, and cross-border investment has returned to pre-crisis levels, according to Jones Lang LaSalle (JLL).
-
News
Thursday people roundup
GLOBAL – Aberdeen Asset Management, IVBN, Cordea Savills, JP Morgan Asset Management, Delancy, Jones Lang LaSalle, Morgan Stanley, Aviva Investors
-
News
Korea's NPS boosts European real estate strategy by $400m
GLOBAL – The National Pension Service (NPS) of Korea has committed a further $400m (€306m) capital to Rockspring Property Investment Managers to invest in European real estate markets.
