Âé¶¹Ó³»­ Alternatives News – Page 370

  • News

    Student accommodation contrasts economic slowdown

    2008-09-22T17:27:00Z

    UK - The UK student accommodation sector is continuing to thrive while most other property sectors feel the pinch in tough economic conditions, according to real estate consultancy group King Sturge.

  • News

    Los Angeles City nears commitment to debt fund

    2008-09-18T13:57:00Z

    UNITED STATES - Los Angeles City Employees’ Retirement System is getting close to making a $25m (€17.6m) commitment to the ING Clarion Debt Opportunity Fund III.

  • News

    ABP extends hotel holdings in key European cities

    2008-09-15T18:12:00Z

    EUROPE - Europe’s second-largest pension scheme ABP, the Netherland’s huge €215bn public service fund, has expanded its European real estate portfolio with the purchase of six hotels in Paris, Amsterdam and Düsseldorf.

  • News

    AvalonBay falls short of capital raising goal

    2008-09-11T18:00:00Z

    UNITED STATES - AvalonBay Communities has raised $333m (€234.2m) of equity for its latest commingled fund, AvalonBay Value Added Fund II – but this is short of the $500m goal established early in the process.

  • News

    CalSTRS expands real estate debt investments

    2008-09-11T17:53:00Z

    UNITED STATES - California State Teachers Retirement System is in the process of increasing its efforts investing capital into real estate debt, having just invested $500m (€354.5m) in that arena.

  • News

    Kansas PERS moves into senior housing

    2008-09-11T17:52:00Z

    UNITED STATES - Kansas Public Employees Retirement System has expanded its real estate strategy into senior housing by making a $35m (€24.6m) commitment to AEW Senior Housing Investors LP.

  • News

    Orange County considers opportunistic allocations

    2008-09-11T17:50:00Z

    UNITED STATES - Orange County Employees Retirement System has approved a plan to explore the idea of creating a separate allocation for opportunistic or innovative investments.

  • News

    Pramerica sees capital waiting on the sidelines

    2008-09-11T17:48:00Z

    UNITED STATES - Pramerica Real Estate Investors have found a huge sum of investible capital is currently sitting on the sidelines in the United States, as investors are unsure whether now is a good time to invest given market conditions.

  • News

    Texas Teachers makes $250m gateways commitment

    2008-09-04T17:48:00Z

    UNITED STATES - Teacher Retirement System of Texas has approved a $250m (€171.2m) commitment with Westbrook Partners’ latest commingled fund.

  • News

    SanFran City and County signs follow-on commitments

    2008-09-04T17:46:00Z

    UNITED STATES - San Francisco City and County Employees’ Retirement System is extending its relationship with CapMark Financial Group by approving follow-on real estate commitments worth $62.5m (€43.2m).

  • News

    CalPERS taps call for debt liquidity

    2008-08-28T17:51:00Z

    UNITED STATES - California Public Employees Retirement System has made a $200m (€135.4bn) commitment into a US Debt Fund investment run by JER Investors Trust, to take advantage of dislocation in the credit markets.

  • News

    Student housing firm’s projects to target graduates

    2008-08-26T17:33:00Z

    UK – London-based specialist property development group Unite is planning to build two student residence blocks worth €68m in London, and expanding its repertoire to try and plug the demand for housing among graduates.

  • News

    CalPERS sets new frontiers for markets and infrastructure

    2008-08-21T17:36:00Z

    UNITED STATES - California Public Employees Retirement System has formulated ranges for investing additional capital in emerging and frontier markets and put unveiled its investment guidelines for investing in infrastructure.

  • News

    Contra Costa County seeks moves into wider space

    2008-08-21T17:28:00Z

    UNITED STATES - Contra Costa County Employees Retirement System is looking to make some big moves into the opportunity fund sector of real estate.

  • News

    San Francisco City and County turn to distressed debt

    2008-08-21T17:26:00Z

    UNITED STATES - San Francisco City and County Employees’ Retirement System has made a €20m commitment into the Apollo European Principal Finance fund, to tap into the growing demand for distressed debt support.

  • News

    USS confirmed among Tesco store buyers

    2008-08-21T15:37:00Z

    UK – The £28.5bn (€35.6bn) Universities’ Superannuation Scheme was today officially named as one of four buyers involved in the latest £605m sale and leaseback of UK stores owned by supermarket giant Tesco.

  • News

    Sources confirm Tesco/USS real estate deal

    2008-08-18T12:38:00Z

    UK – Sources have confirmed the £30bn (€38bn) Universities Superannuation Scheme (USS), the second-largest pension scheme in the UK, is set to purchase a number of UK supermarket chain Tesco’s largest stores.

  • News

    Illinois Teachers targets emerging managers real estate programme

    2008-08-14T18:02:00Z

    UNITED STATES – The Teachers’ Retirement System of the State of Illinois is planning to create an emerging manager programme as part of its future real estate investment programme.

  • News

    US giant huddles up to London

    2008-08-13T15:35:00Z

    UK – Mark Wood, managing director of US pension fund giant TIAA-CREF’s global real estate business, has revealed the newly-launched London office is an attempt to “make sure we are as close to the market as we can be.�

  • News

    Quebec extends its Brazilian shopping space

    2008-08-11T17:59:00Z

    CANADA/BRAZIL – Ivanhoe Investments, the real estate management subsidiary of Canada’s largest pension fund, has boosted its position in Brazil with the purchase of four shopping centres and more than doubled its stake in a local property partner.