Âé¶¹Ó³»­ Investors News – Page 643

  • News

    Arizona State cuts follow-ons to limit market impact

    2008-03-06T17:01:00Z

    UNITED STATES - Arizona State Retirement System is cutting back on its follow-on commitments to existing real estate investments but still diversifying some assets to prevent ‘denominator’ damage of over-allocation.

  • News

    KÃ¥pan eyes more real estate after poor year

    2008-03-06T16:59:00Z

    SWEDEN – The SEK32.7bn (€3.5bn) Kåpan Pensioner scheme forgovernment employees booked a return of 2.1% for 2007, and now plans toincrease its real estate allocation to 10%.

  • News

    LaSalle warns of poor Reits performance

    2008-03-06T16:56:00Z

    United States - LaSalle Investment Management Securities has indicated the performance of US REITs was lackluster in the fourth quarter of 2007 and further is likely to be for the coming months.

  • News

    CalSTRS invests $100m in Nordic real estate

    2008-03-06T16:55:00Z

    UNITED STATES - California State Teachers Retirement System has bolstered its international real estate portfolio with commitments to three new investment entities totalling nearly $252m (€165.2m), including $100m in Nordic property.

  • News

    Virginia to ups its real estate potential

    2008-03-06T16:52:00Z

    UNITED STATES - Virginia Retirement System has approved a policy to increase its real estate allocation from 7% to 10%.

  • News

    Texas buys into Latam real estate

    2008-03-06T16:50:00Z

    UNITED STATES - Teacher Retirement System of Texas has approved $250m (€164.4m) worth of real estate commitments so far in 2008, including an investment in Pramerica’s Latin American residential offering.

  • News

    AP3 urges lifting of infrastructure limits

    2008-03-03T16:49:00Z

    SWEDEN - Swedish buffer fund AP3 is stepping up its efforts to persuade the Swedish government to lift restrictions on pension fund investments in infrastructure.

  • News

    Swedish shoppers overtake industrials

    2008-03-03T16:45:00Z

    SWEDEN - Swedish retail has overtaken office as the market’s best performing sector, according to the 2007 Swedish Annual Property Index.

  • News

    European property to slow despite pensions intervention

    2008-03-03T16:42:00Z

    Investment in commercial property, having survived the 2007 credit crunch, will tail off in 2008 despite a liquidity injection from liquid investors, investment house Aberdeen has predicted.

  • News

    Doubt over debt deal could put BAA on block

    2008-03-03T16:37:00Z

    SPAIN - Infrastructure firm Ferrovial has claimed it will go ahead with its £9bn (€11.7bn) refinancing plans despite rumours suggesting Australian infrastructure investor Macquarie was circling the UK airports operator BAA.

  • News

    EC pursues UK and Belgium over EPC status

    2008-03-03T16:34:00Z

    EUROPE – The Belgian and UK governments are being taken to task by the European Commission for their failure to implement EU requirements stating how energy performance in buildings is measured.

  • News

    Norway appoints Partners Group for real estate advice

    2008-03-03T14:00:00Z

    NORWAY – The Norwegian Ministry of Finance has appointed PartnersGroup to provide real estate consultancy services to the NOK 2.1trn(€265bn) Government Pension Fund - Global.

  • News

    New Jersey considers $350m for non-core

    2008-02-29T11:53:00Z

    UNITED STATES - New Jersey Division of Investment is looking at placing $350m (€232m) into non-core real estate investments through commitments to six commingled funds.

  • News

    Chicago Teachers reviews 'emerging managers' status

    2008-02-29T11:51:00Z

    UNITED STATES- Public School Teachers’ Pension and Retirement Fund of Chicago is looking at investing $125m (€84.3m) this year, in international real estate and emerging managers, once the scheme has reviewed its definition of an ‘emerging manager’.

  • News

    Pension funds pull out of Equest

    2008-02-25T16:58:00Z

    UK - The BBC Pension Trust, SAUL, BHS Pension Scheme and P&O Pension Scheme have sold their shareholdings in Jersey-based property investment firm Equest Partners.

  • News

    Fair value potential entices investors back to UK

    2008-02-25T16:56:00Z

    EUROPE - Continental European property yields will follow the widening UK trend in 2008, “though not to the same extent�, according to Tony Horrell, CEO of European capital markets at Jones Lang LaSalle.

  • News

    Oil powers Canada returns

    2008-02-25T16:52:00Z

    CANADA - Commercial property in oil-rich provinces contributed to Canadian returns of 16.1%, compared with 10.5% for equities, and 4.7% for bonds, according to IPD figures published last week.

  • News

    Spanish spread boosts logistics

    2008-02-25T16:49:00Z

    SPAIN - Spanish logistics markets are expanding as urban sectoral growth continues at above the national average, according to a Savills report on the country’s warehousing market.

  • News

    CalPERS approves €850m in real estate

    2008-02-21T17:40:00Z

    UNITED STATES - California Public Employees Retirement System has allocation $859.8m (€587.9m) of new real estate investments in commingled funds containing a mixture of local and international real estate, and debt.

  • News

    AVP Advisors raises $400m in ‘alternative real estate’ play

    2008-02-21T17:39:00Z

    UNITED STATES - AVP Advisors attracted $400m ($273.5m euros) of institutional capital, including pension fund assets, to a new type of commingled fund combining indirect investment with direct holdings.