Âé¶¹Ó³»­ Real Estate News – Page 872

  • 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

    ING to focus on mixed use real estate projects

    2009-10-19T17:58:00Z

    GLOBAL – Dutch-headquartered real estate investor ING Real Estate Development is planning to invest in and develop projects over the next few years which provide secure but mixed origin revenue.

  • 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.

  • News

    Liability-driven investment ‘should contain property’

    2009-10-12T18:04:00Z

    UK – Liability driven investment (LDI) portfolios should include commercial real estate, according to Pramerica Real Estate Investors.

  • News

    USS disposes of industrial space

    2009-10-12T18:03:00Z

    UK – The Universities Superannuation Scheme (USS) has sold 11 industrial assets from its recently acquired Equiton portfolio to Scottish Widows Investment Partnership Property (SWIP) Trust.

  • News

    Aberdeen pension fund goes shopping in East Anglia

    2009-10-12T18:01:00Z

    UK – Aberdeen Property Investors has purchased five retail units in the UK on behalf of the Aberdeen City Council Pension Fund.

  • News

    BBC pension fund moves out of London’s Regent Street

    2009-10-12T17:44:00Z

    UK – CB Richard Ellis Investors has confirmed the sale of Mutual House, owned by the pension scheme of the British Broadcasting Corporation (BBC), for £30m (€32.1m), reflecting a yield of 5.4%.

  • News

    Tesco continues property deals with pension funds

    2009-10-12T17:40:00Z

    UK – Tesco has formed a fourth joint venture with a UK pension fund to sell and leaseback property assets, in an effort to release value from its property portfolio.

  • News

    Heitman buys into shopping venture

    2009-10-12T17:35:00Z

    UNITED STATES – Heitman, the real estate asset manager, has formed a joint venture with Macerich, the US shopping centre owner, and bought a major stake in two US regional shopping centres.

  • News

    GE pension fund caught up in real estate loan battle

    2009-10-05T17:48:00Z

    FRANCE – Creditors of Paris office complex Coeur Défense may appeal a court ruling which forced them to extend a securitised €1.5bn loan to the property’s joint owners, one of which is a General Electric pension fund.

  • News

    USS snaps another high street bargain

    2009-10-05T17:38:00Z

    UK – The Universities Superannuation Scheme (USS) has made another retail acquisition in the UK, taking its total UK real estate investment in 2009 to £300m (€327m).