Âé¶¹Ó³»­ Investors News – Page 608

  • News

    European rents have settled but problems still remain - JLL

    2009-11-02T18:04:00Z

    EUROPE – Prime rental levels stabilised in the majority of European markets in the third quarter of 2009, according to Jones Lang LaSalle.

  • News

    Texas Teachers moves into core investments

    2009-11-02T18:01:00Z

    UNITED STATES - Teacher Retirement System of Texas has widened its investments in core real estate and hired three real estate managers to look after $800m (€532.7m).

  • News

    Illinois State funds to follow FoFs real estate path

    2009-11-02T17:59:00Z

    UNITED STATES – The State Universities Retirement System of Illinois has allocated $75m (€50.1m) for a fund of funds investment strategy with Franklin Templeton Real Estate Advisors.

  • News

    Alecta gains ground in Stockholm

    2009-10-27T17:33:00Z

    SWEDEN – Swedish property company Jernhusen has sold a land site under the World Trade Center (WTC) in Stockholm to Alecta Pensionsforsakring, and bought neighbouring property Orgelpipan 6 from Folksam.

  • News

    NY Common adds $200m to affordable housing

    2009-10-27T17:32:00Z

    UNITED STATES - The New York State Common Retirement Fund has made another $200m (€134m) investment with the Community Preservation Corporation to extend its existing relationship.

  • News

    Aviva pensions vehicle buys a stake in Sainsbury’s

    2009-10-27T17:30:00Z

    UK – Aviva Investors’ pooled UK real estate vehicle for pension funds has returned to the market by agreeing to buy a Sainsbury’s food store under development in County Durham, England.

  • News

    UK pension fund sells LandSecs HQ

    2009-10-27T17:28:00Z

    UK – LaSalle Investment Management has sold the headquarters of Land Securities in London on behalf of an unnamed pension fund client.

  • News

    GI Partners fund attracts fresh pension fund assets

    2009-10-27T17:25:00Z

    UNITED STATES - GI Partners has raised $1.9bn (€1.3bn) for its latest commingled fund, GI Partners Fund III, through a mixture of both new and existing pension fund capital, although the firm failed to meet its $2.5bn fundraising target.

  • News

    IVG Immobilien to cast its net wider

    2009-10-27T17:22:00Z

    GERMANY - German-based fund manager IVG Immobilien, which has €22.7bn of assets under management, is planning to broaden its client base.

  • News

    Savills sets focus on real estate alternatives

    2009-10-27T17:19:00Z

    UK – Savills has launched a series of papers to identify alternative property sectors, in response to unprecedented volatility seen in the mainstream UK commercial real estate market.

  • News

    ING to divest investment management

    2009-10-27T17:17:00Z

    NETHERLANDS - ING will split its banking and insurance businesses and divest all of its asset management operation within four years.

  • News

    VBV re-grades real estate as higher risk

    2009-10-19T18:04:00Z

    AUSTRIA – The financial crisis has prompted Austrian pension fund VBV to view real estate investing as more risky and tactical in nature than previously assumed, and requiring a more flexible allocation policy.

  • News

    INREV members fear market will not recover until 2011

    2009-10-19T18:02:00Z

    EUROPE – Investor sentiment among the unlisted real estate funds community in Europe has deteriorated since the end of 2008 to the extent that most believe markets will not improve before 2011.

  • News

    Varma acts on real estate regrowth

    2009-10-19T18:00:00Z

    FINLAND – VR Pension Fund has re-entered the real estate market after a two-year absence, following the decision by a Finnish construction company to sell assets to local pension funds.

  • News

    Principal raises $214.4m for green fund

    2009-10-19T17:56:00Z

    UNITED STATES - Principal Real Estate Investors has raised $214.4m (€144.6m) in equity commitments for its Green Property Fund.

  • News

    L&B Realty expands to Europe

    2009-10-19T17:55:00Z

    UNITED STATES - L&B Realty Advisors is making its first venture into Europe with a partnership being formed with Mayfair Capital Investment Management.

  • News

    Real estate future still uncertain for CEE

    2009-10-19T17:52:00Z

    CENTRAL/EASTERN EUROPE – While Poland and the Czech Republic are showing signs of recovery, other CEE real estate markets are still suffering from a major investment withdrawal of assets over the last 12 months, according to Austria’s Erste Group.

  • News

    Urdang opens way to new debt strategy

    2009-10-19T17:50:00Z

    UNITED STATES - Urdang Capital Management has taken a novel approach to building a new real estate debt strategy by hiring eight people from Capmark Investments, as the move means it will also act as a non-discretionary sub-adviser for two of Capmark’s commingled funds.

  • News

    Sovereign wealth funds hit by US property tax

    2009-10-12T18:11:00Z

    GLOBAL - Sovereign wealth funds (SWFs) have been dealt “a significant blow� by changes to the US tax regime, according to Steve Renna, president of the National Association of Real Estate Investment Managers (NAREIM).

  • News

    Sacramento County votes against fund extension

    2009-10-12T18:05:00Z

    UNITED STATES – The Sacramento County Employees’ Retirement System has said it will not support proposals to extend the investment period of the Hines US Office Value Added Fund II commingled fund.