People News 鈥� Page 68
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ZIA enters new era with new president
GERMANY 鈥� Andreas Mattner, executive board member at German developer ECE Projektmanagement, has replaced Eckart John von Freyend as president of the German Property Federation (ZIA).
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Fresno County acts on concerns about value-added manager
UNITED STATES - Fresno County Employees Retirement Association has changed its mind about the appointment of a real estate manager to look after a $30m (鈧�21.7m) allocation for a value-added investment as it has reservations about the firm鈥檚 ability to raise sufficient capital.
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AEW boosts research function
EUROPE - AEW Europe, which has 鈧�17bn in assets under management, has boosted its research function with the appointment of Jos茅 Luis Pellicer to head the research function in London
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Lewis moves onto next venture
EUROPE 鈥� Ric Lewis has left AEW Europe but will continue to advise two of its institutional real estate funds from the helm of new fund management company Tristan Capital Partners.
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Investor alignment could solve 'diversity' problems
GLOBAL - The common practice of having diverse investor bases in real estate funds poses significant challenges for pension funds鈥� due diligence, delegates heard at 麻豆映画 Real Estate鈥檚 Investor Forum in Amsterdam last week.
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Texas Employees signs real estate consultant
UNITED STATES - Texas Employees Retirement System has selected RV Kuhns & Associates as its first ever real estate consultant.
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Mercer expands global real estate operations
UNITED STATES - Mercer Investment Consulting is expanding its real estate consulting operation to pension fund clients around the world.
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Illinois Municipal moves MS assets
UNITED STATES - Illinois Municipal Retirement Fund has become one of the first pension funds to transfer a separate account from Morgan Stanley Real Estate to another manager.
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Gellatly leaves BlackRock for new base
EUROPE 鈥� John Gellatly has left BlackRock as head of real estate fund of funds to join Aviva Investors鈥� global multi-manager team in Europe.
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JER loses another key player
GLOBAL - Michael Pralle has resigned as chief operating officer at real estate opportunity fund manager JER Partners after joining 18 months ago.
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ING REIM loses its head
GLOBAL - Robert Houston is stepping down as chief executive of ING Real Estate Investment Management in the summer.
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ING narrows focus in 'back to basics' shift
GLOBAL 鈥� ING, the Netherlands-headquartered banking and insurance group, is forming a single global investment management business and consolidating its operations to in future focus on retail banking and the retirement market.
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Townsend taps Europe through UK office
US/UK 鈥� Townsend Group, the North American institutional real estate adviser, has opened its first European office in London this week and appointed Adam Calman as head of Europe.
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Ohio Teachers searches for new consultant
US 鈥� Ohio鈥檚 State Teachers鈥� Retirement System (STRS) is searching for a new investment consultant after Russell Investment Group announced it did not plan to extend its contract beyond June 2009.
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Real estate has to go 'back to basics' 鈥� E&Y
US 鈥� Real estate companies face fiercer competition now than ever before and would benefit from adopting a 鈥渂ack to basics鈥� approach to emerge stronger from the financial crisis, according to Ernst & Young (E&Y).
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Invesco appoints new research heads
US - Invesco Real Estate is expanding its global reach with the appointment of Mark Roberts as global director of research and Mike Sobolik as regional director or research in North America.
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Merseyside reviews property adviser
UK - Merseyside Pension Fund has announced it is looking for a strategic property investment adviser for its 拢262m (鈧�278m) direct UK property portfolio.
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LaSalle signs Northern Europe head
EUROPE - LaSalle Investment Management has appointed Insa von J眉rgensonn as regional director and head of portfolio management for Northern Europe.
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State-owned Hypo touted as potential property lift
GERMANY 鈥� Experts claim Hypo Real Estate鈥檚 (HRE鈥檚) possible nationalisation could help boost the German property market.
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AEW Europe signs new CEO
EUROPE 鈥� AEW Europe has appointed Christian Delaire to replace Fran莽ois Pochard as chief executive officer and develop its real estate investment management business.
