News – Page 1143
-
News
Emerging markets to lead revival of luxury retail sector, says Colliers
GLOBAL – Rents in the luxury retail sector are set to increase in the near term after a two-year hiatus, according to Colliers International.
-
News
INREV committee calls for more independent fund directors
EUROPE – More European non-listed real estate funds must appoint independent directors to their management boards if corporate governance in the sector is to be improved, according to a new report.
-
News
German investors to ramp up indirect real estate exposure
GERMANY – German institutional investors are expected to invest on average more than €300m in real estate during 2010 and more than €26bn in total over the next three years, a large proportion of which will be directed to indirect vehicles, according to two separate studies.
-
News
USS continues to blaze UK acquisition trail
UK – Universities Superannuation Scheme (USS) has continued its 18-month UK real estate spending spree with the purchase of an office building in London's West End for £42m (€50.8m).
-
News
Ohio Police and Fire makes $100m commitment to core commingled fund
US – The Ohio Police and Fire Pension fund has approved a $100m (€84m) allocation to the UBS Trumbull Property fund.
-
News
Mass PRIM fires RREEF as separate account manager
US – The Massachusetts Pension Reserves Investment Management Board has terminated RREEF as one of its separate account managers.
-
News
Interest rate swaps blocking UK disposal pipeline, Savills says
UK – The prohibitive cost of unwinding interest rate swaps on real estate debt is preventing financial institutions from offloading a growing volume of distressed UK assets, according to Savills.
-
News
US and Ireland set for spike in distressed sales
GLOBAL – Ireland and the US are expected to see a significant increase in distressed real estate sales in the short term, according to research from the Royal Institute of Chartered Surveyors (RICS).
-
News
PGGM won over by SLI's responsible investment credentials
NETHERLANDS/UK – PGGM, the Dutch pension fund asset manager, has invested €75m in a UK shopping centre fund managed by Standard Life Investments.
-
News
Survey shows UK pension funds to increase real estate exposure
UK – More than one-third of UK pension funds with existing real estate investments are actively looking to increase their exposure, while a small number remain unsure about the asset class, according to a survey by Aberdeen Asset Management.
-
News
AP4 acquires €565m of Swedish residential assets
SWEDEN – The Fourth Swedish National Pension Fund (AP4) has made one of the largest ever residential investments in the country.
-
News
Virginia bets on JV with Amli Residential
UNITED STATES – Virginia Retirement System has decided to invest $400m ($325m) more of its equity into the real estate sector, three quarters of which will go towards an investment partnership with Amli Residential.
-
News
San Diego City diversifies US domestic portfolio
UNITED STATES – San Diego City Employees’ Retirement System has approved $135m (€111m euros) in new real estate investments follow a consultation with The Townsend Group.
-
News
Listed timber fund grows Chinese exposure
CHINA – A London-listed timber vehicle funded mostly by UK and European pension schemes is acquiring Chinese assets in a bid to build up a significant market-specific portfolio.
-
News
Prime continuing to defy fundamentals - King Sturge
EUROPE – King Sturge’s European first quarter survey is the latest to report prime property retaining its value despite a sluggish macro recovery across the continent.
-
News
Pension funds to take the train
UK – Pension schemes could be asked to fund the UK’s high-speed rail network under proposals currently before the transport ministry.
-
News
Finnish insurer pays more for long lease logistics
FINLAND – Finnish pensions insurer OP-Henkivakuutus Oy has acquired two assets – one light industrial, the other a warehouse – from a UK fund for €20.7m, reflecting a yield of 7.5%.
-
News
Global forecast confirms two-tier trend
GLOBAL – The forecast for Europe is cautious, for the US better, and for some of Asia the best of all, according to Jones Lang LaSalle's (JLL) quarterly Global Market Perspective.
-
News
Chinese property policies carry ‘a big if’
CHINA – The Chinese government’s attempts to contain a property price bubble could impact overseas joint-venture investors, according to a China-based economist.
-
News
ING REIM offers access to its funds through single structure
EUROPE – An unnamed Swiss insurer has invested €100m via several of its subsidiaries in an ING Real Estate Investment Management fund of funds (FoF) vehicle launched last week.


