Âé¶¹Ó³»­ Alternatives News – Page 360

  • News

    UK residential returns outperformed commercial property - IPD

    2010-04-15T17:34:00Z

    UK – Investment grade residential real estate in the UK has outperformed commercial property in the country over the past three, five and nine years, and delivered a double digit total return of 11% in 2009, according to International Property Databank (IPD).

  • News

    Spain tops the losses for IPD European returns

    2010-04-12T17:18:00Z

    EUROPE – Spain experienced its second consecutive year of negative commercial real estate returns in 2009, while Germany and Switzerland remained relatively stable over the same 12-month period, according to Investment Property Databank (IPD).

  • News

    Unilever’s Progress nears end of direct real estate divestment

    2010-04-09T13:52:00Z

    NETHERLANDS – CB Richard Ellis is in negotiations with an unnamed investor to exchange on the remaining assets of the domestic real estate portfolio of Progress, the Dutch pension fund of Unilever.

  • News

    Rothschild Realty sees fresh prospects for US housing

    2010-04-09T13:49:00Z

    UNITED STATES - Rothschild Realty Managers has made a $100m (€74.9m) equity investment with Summit Housing Partners based in Montgomery, Alabama, on the back of renewed confidence in the housing market.

  • News

    Ireland’s NAMA takes on property-backed 'bad bank' loans

    2010-04-01T17:01:00Z

    IRELAND – The Irish government has confirmed its National Asset Management Agency (NAMA), or so-called ‘bad bank’, has started to take €16bn worth of troubled real estate loans on to its books.

  • News

    Illinois State to boost real estate holdings by $300m

    2010-04-01T16:48:00Z

    UNITED STATES - Illinois State Board of Investment has approved plans to invest $300m (€223.1m) in real estate in 2010.

  • News

    Pension funds maintain German real estate security

    2010-04-01T16:33:00Z

    GERMANY – Total returns for German real estate declined for the second consecutive year, but pension funds in the country have continued to focus heavily on their domestic market because it “feels safer�, according to a leading pension fund manager.

  • News

    BRIC-built recovery expected - JLL

    2010-03-25T16:38:00Z

    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

    APG and Corio to invest €1.3bn in European retail

    2010-03-25T16:19:00Z

    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

    2010-03-22T17:15:00Z

    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

    West Midlands bags UK shopping centre

    2010-03-22T15:06:00Z

    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

    2010-03-22T14:53:00Z

    GLOBAL – Morgan Stanley has launched the first real estate fund of funds vehicle dedicated specifically to acquiring secondary interests in existing funds.

  • News

    Texas Teachers seeks growth in agriculture

    2010-03-18T17:32:00Z

    UNITED STATES - Teacher Retirement System has made its first ever investment in agriculture with a $250m (€145.9m) commitment into the AG Real Value Fund, managed by Teay’s River Investments.

  • News

    British Steel pension moves into music store

    2010-03-18T17:21:00Z

    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

    Arizona Public Safety takes opportunistic strategy in real estate

    2010-03-18T17:17:00Z

    UNITED STATES - Arizona Public Safety Retirement System intends to make at least two more real estate commitments to commingled funds by investing through a US opportunistic strategy in 2010.

  • News

    Standard Life snaps up Tesco 'eco' sale-and-leaseback

    2010-03-16T18:01:00Z

    UK – Standard Life Investments has acquired a Tesco Extra Supermarket in Shrewsbury for its £1.85bn (€2.04bn) Pooled Property Pension Fund.

  • News

    Hamborner resurrects German listed real estate with Reit move

    2010-03-11T18:08:00Z

    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.

  • News

    CalSTRS loses $83m as Fairfield moves to Chapter 11

    2010-03-01T17:31:00Z

    UNITED STATES- California State Teachers Retirement System (CalSTRS) has taken an $82.9m (€61.2m) hit in its real estate portfolio as one of its investments, Fairfield Residential LLC, has filed for Chapter 11 bankruptcy protection.

  • News

    Responsible investment fund to develop UK care homes

    2010-03-01T17:25:00Z

    UK – A new socially-responsible real estate fund backed by local authority pension funds has invested in the UK care home sector.

  • News

    ING Clarion deal signals market re-entry

    2010-02-22T17:50:00Z

    UNITED STATES- ING Clarion Partners has shown its belief in the comeback of the real estate market and made its first acquisition in over two years for the Clarion Development Ventures III commingled fund.