All News articles 鈥� Page 1221
-
News
BC pension fund buys hotel Reit
CANADA - British Columbia Investment Management Corporation (bcIMC), the investment arm of several Canadian public-sector pension funds, is to acquire a hotel Reit for CA$1.2bn (鈧�800m) in cash. The CA$85bn fund will acquire the Canadian Hot...
-
News
ING Clarion seeks healthy gains in medical push
UNITED STATES - ING Clarion Partners is looking to invest at least $200m (鈧�146m) in the medical office building sector in the next several years as the firm believes returns are 1% better than in traditional offices. At this stage, capital ...
-
News
Infrastructure 'moving out of real estate' - RREEF
EUROPE 鈥� Pension funds are beginning to regard infrastructure as an asset class in its own right rather than as part its real estate allocation, according to officials at RREEF. John McCarthy, head of RREEF Infrastructure Europe, said Europe...
-
News
LACERA resumes global REIT search
UNITED STATES - Los Angeles County Employees Retirement Association is now in the planning stages for a new global REIT manager search worth around $100m (鈧�73.1m). John McClelland, principal investment officer for real estate at the pension ...
-
News
HSBC pulls in property team
UK - HSBC Investments has brought in a seven-strong team of fund selection specialists in a move the firm hopes will increase property-hungry investors鈥� appetite for multi-manager funds. Guy Morrell, who will head the UK-based team, told IP...
-
News
Irish property returns up
IRELANDS - Returns on Irish property reached 16.9% in the year to June, despite a continuing exodus of domestic investors into other European real estate markets. IPD figures published last week showed returns on Irish real estate rose from 2.2% i...
-
News
Ohio State Teachers maintains real estate for 2008
UNITED STATES- State Teachers Retirement System of Ohio has approved a real estate investment plan for fiscal 2008 which should see the pension fund maintain its annual allocation and move into global Reits.
-
News
IVG sees Parisian charm in 鈧�323m deals
GERMANY 鈥� IVG Immoblien, Germany鈥檚 largest quoted real estate firm, has completed 鈧�323m worth of transactions in Paris which included selling an office building on the city鈥檚 鈥淩ive Gauche鈥� for 鈧�165m and buying two others for 鈧�158m.
-
News
ABP discloses budget hotels move after prime acquisition
NETHERLANDS - Dutch pension fund ABP has expanded its base in European hospitality sector with the acquisition of three high-end Belgian hotels.
-
News
Jamestown Group to go after institutional investors
UNITED STATES - The Jamestown Group is going after the institutional investor capital source for the first time as it teams up with Griffin Realty Advisors to form the Griffin Realty Fund.
-
News
Canada pension plan in UK shopping spree
UK - A 50鈥�50 joint venture involving the Canada Pension Plan Investment Board and fund manager Henderson Global Investors has acquired the UK鈥檚 Whitefriars Quarter shopping centre for 拢253m (鈧�375m).
-
News
Texas Teachers consider making money from casinos
UNITED STATES 鈥� The Teacher Retirement System of Texas is thinking of investing $550m (鈧�398.1m) into real estate 鈥� a move which could include putting money into casinos.
-
News
Orange County commits to timberland
UNITED STATES - Orange County Employees Retirement System has made a selection of two managers to invest $140m (鈧�102.2m) in timberland assets.
-
News
Investors go for Euro-niche as leverage lessons
EUROPE - Despite market saturation in the UK and declining yields elsewhere in Europe, 鈥渢he wall of money鈥� surrounding real estate is showing few signs of collapse, claimed a report published last week by UK property firm Knight Frank.
-
News
Pension funds switch targets to gain returns
UNITED STATES 鈥� Pension funds are continuing to invest in real estate but may not follow their original allocation strategies in stable markets, suggest figures related to one US pension fund.
-
News
Ohio State Teachers maintains real estate for 2008
UNITED STATES- State Teachers Retirement System of Ohio has approved a real estate investment plan for fiscal 2008 which should see the pension fund maintain its annual allocation and move into global Reits. Ohio State Teachers figures on being a ...
-
News
IVG sees Parisian charm in 鈧�323m deals
GERMANY 鈥� IVG Immoblien, Germany鈥檚 largest quoted real estate firm, has completed 鈧�323m worth of transactions in Paris which included selling an office building on the city鈥檚 "Rive Gauche" for 鈧�165m and buyin...
-
News
ABP discloses budget hotels move after prime acquisition
NETHERLANDS - Dutch pension fund ABP has expanded its base in European hospitality sector with the acquisition of three high-end Belgian hotels. The 鈧�211bn civil service scheme has not disclosed the value of the deal, which carries a 鈧�...
-
News
Jamestown Group to go after institutional investors
UNITED STATES - The Jamestown Group is going after the institutional investor capital source for the first time as it teams up with Griffin Realty Advisors to form the Griffin Realty Fund. Jamestown had previously invested $3bn (鈧�2.2bn) of e...
-
News
Canada pension plan in UK shopping spree
UK - A 50鈥�50 joint venture involving the Canada Pension Plan Investment Board and fund manager Henderson Global Investors has acquired the UK鈥檚 Whitefriars Quarter shopping centre for 拢253m (鈧�375m).
