All News articles 鈥� Page 1219
-
News
Carrefour to spin off property
FRANCE - French retailer Carrefour is to offer 20% of its 鈧�24bn property portfolio to 鈥渟trategic institutional real estate partners鈥� and other investors, including pension funds.
-
News
Closed-end real estate feels UK pricing pressure
UK 鈥� Investment trust managers predict UK investors will increasingly turn to overseas real estate to seek diversification in a weakening domestic market.
-
News
San Joaquin County considers real estate rise
UNITED STATES - San Joaquin County Employees鈥� Retirement Association is thinking of increasing its exposure to real estate to as much as a tenth of its assets.
-
News
Corio to divest office and industrial portfolios
EUROPE - The 鈧�6bn property investment company Corio has decided to explore the divestment of a major part of its offices and industrial portfolios, and to further focus on its retail activities.
-
News
UK schemes wake up to residential
UK - UK pension funds need to catch up with their continental counterparts and ditch outmoded perceptions of domestic residential, according to Quinton Hill-Lines, managing director of fund management at Grainger.
-
News
Ohio PERS to sell $1bn in real estate
UNITED STATES 鈥� Strong interest in real estate acquisitions has promoted Ohio Public Employees Retirement System to spend the remainder of 2007 working on the sale of $1bn (鈧�741.2m) in real estate assets.
-
News
UK property investors divest 鈧�8bn
UK - Institutional investors continued the exodus out of the UK domestic market in the first half of 2007, and became net sellers with divestments worth 鈧�8.7bn.
-
News
Schroder hires ABP鈥檚 Bingen
EUROPE - Former ABP portfolio manager Rob Bingen will join Schroder Property in October as head of its 鈧�2.2bn European property multi-manager operation.
-
News
CPP acquires Euro logistics
CANADA - The C$120bn (鈧�83.5bn) Canada Pension Plan Investment Board has invested 鈧�400m in European distribution via a fund set up by US logistics firm ProLogis.
-
News
Virginia adds to global REIT trend
UNITED STATES 鈥� Over $1bn (鈧�750m) of pension funds has been committed to global REITs strategies over the last two weeks, following Virginia Retirement System鈥檚 decision to invest new money.
-
News
TIAA-CREF sales push draws Alaska hire
UNITED STATES - TIAA-CREF Asset Management has signaled plans for a major institutional business drive with the expansion of its sales team and three key appointments.
-
News
Protego taps Almquist to head Nordic growth
SWEDEN - Protego Real Estate Investors has revealed it is expanding into the Nordic market with the appointment of Lars Almquist to head its new Stockholm office.
-
News
Austrian property "like the UK, but cheaper"
AUSTRIA - Austrian property firms will largely escape the sub-prime crisis and remain immune to interest rate rises, according to a report from Raiffeisen bank.
-
News
Milan buys flags future for Euro-office
ITALY - Segro, the serviced office firm, has acquired a Milan business park for 鈧�84.5m from fund manager Europa Capital Partners 鈥� a beachhead in a market segment known for the difficulty of cross-border investment.
-
News
CalPERS to rest capital in global hotels
UNITED STATES 鈥� California Public Employees Retirement System is planning to tap into the tourism trade next year with the development of a global hotel investment platform.
-
News
Low returns fail to deter core pension fund investors
UNITED STATES 鈥� Some US pension funds are still willing to invest a portion of their capital in core real estate despite returns being at an all-time low, according to consultants Townsend Group.
-
News
Unibail-Rodamco prepares post-merger management
NETHERLANDS - Unibail-Rodamco is almost ready to announce its top 50 management structure as its integration efforts are now on track, the 鈧�23.9bn property investor has said.
-
News
CalPERS considers major real estate emigration
UNITED STATES 鈥� The California Public Employees Retirement System is thinking of expanding overseas and moving its international real estate allocation from its current 20% level to a 50% weighting.
-
News
Morley set for European growth
EUROPE 鈥� Morley is looking to boost its business in Europe further with 'more people on the ground' and a potential eastward expansion of its property business.
-
News
Neste scheme may invest abroad
FINLAND - The Finnish Neste Oil pension fund said it is considering investing outside its domestic property market as it looks towards completion of three new buildings in Keilaniemi, Espoo, to house its sponsor.
