Real Estate news – Page 741

  • News

    Aberdeen predicts UK property bounceback

    2009-01-19T15:15:00Z

    UK – Institutional investors, including UK pension funds, are likely to tap into the UK property market for attractive opportunities by the end of this year, according to Aberdeen Property Investors’ UK Property Snapshot.

  • News

    Japan real estate confirmed as falling year-on-year

    2009-01-19T14:45:00Z

    JAPAN – Japanese real estate has delivered its first negative year-on-year capital returns, according to figures released by the Investment Property Databank (IPD) which run to the end of the third quarter 2008.

  • News

    Activity sees IVG buy German retail from AEW

    2009-01-15T17:12:00Z

    Europe – AEW Europe’s pan-European fund has sold its prime retail asset in Hamburg for €94m, proving the German real estate market is still showing signs of activity despite the credit crunch.

  • News

    Higher yields allude to lower income growth - CBRE

    2009-01-15T16:58:00Z

    EUROPE – Yields across all commercial sectors in Europe, Middle East and Africa markets have increased in the fourth quarter of 2008 and may reflect a poor outlook for rents, according to latest data from the CB Richard Ellis EU-15 yield indices.

  • News

    ING enters Polish retail space

    2009-01-12T17:06:00Z

    Czech Republic – ING Real Estate Investment Management has acquired a €125m shopping centre in the Czech Republic and added it to the ING Property Fund Central Europe.

  • News

    Henderson weds Croom for retail property (amended)

    2009-01-12T16:34:00Z

    EUROPE – Henderson Global Investors has appointed Katherine Groom as portfolio manager for its pan-European retail property fund, Herald.

  • News

    More than €50bn waiting to be deployed in Europe

    2009-01-08T16:25:00Z

    EUROPE – More than €50bn of equity is targeting European commercial real estate this year, according to the latest European capital markets research carried out by Jones Lang LaSalle (JLL).

  • News

    Land Securities sells Trillium

    2009-01-08T16:11:00Z

    UK – Land Securities Group, the UK’s largest real estate investment trust (REIT), announced today it has agreed the sale of Trillium to Telereal, a property investment company, for £750m (€832m).

  • News

    Over-exposed Alaska Retirement issues redemption queues

    2009-01-08T15:56:00Z

    UNITED STATES – Alaska Retirement Management Board (ARMB) is to issue $103m (€76.3m) of redemption queues on three open-ended commingled funds as its allocation to real estate exceeds its strategic target.

  • News

    Illinois State Universities to capitalise on 2009 opportunities

    2009-01-08T15:54:00Z

    UNITED STATES – State Universities Retirement System of Illinois has entered into the opportunistic real estate space by making a $40m (€29.4m) commitment to the Dune Real Estate Fund II.

  • News

    Goodman and L&G raise equity for ABPP

    2009-01-06T15:45:00Z

    GLOBAL – Australia’s Goodman Group and the UK’s Legal & General have raised £350m (€383m) of equity for real estate fund Arlington Business Park Partnership (ABPP).

  • News

    EDHEC launches French index

    2009-01-06T15:40:00Z

    FRANCE – French business school EDHEC has launched a monthly index for commercial property in France with the help of the Institut de l'Epargne Immobilière et Foncière (IEIF), an independent French real estate research institute.

  • News

    Hypo Real Estate faces claims for damages

    2009-01-06T15:35:00Z

    GLOBAL – Pension funds are making the first claims for damages against Hypo Real Estate (HRE) for failing to reveal its financial difficulties sooner.

  • News

    UniCredit sells Italian bank assets to new fund

    2009-01-06T15:30:00Z

    ITALY – Italian bank UniCredit has sold 72 commercial properties worth approximately €800m to a real estate investment fund run by Italian fund manager Fondi Immobiliari Italian (Fimit).

  • News

    CalSTRS joint venture gains new financing

    2008-12-22T17:41:00Z

    US – First Industrial, the North American Real Estate Investment Trust (REIT), has arranged a new $110m (€78.6m) debt facility for its ventures with the California State Teachers’ Retirement System (CalSTRS).

  • News

    ProLogis steps up to support European Properties

    2008-12-22T17:40:00Z

    US – ProLogis, the international logistics developer, has stepped in to help ProLogis European Properties (PEPR) by buying a 20% interest in the ProLogis European Properties Fund II (PEPF II).

  • News

    CPPIB buys into Turkish retail

    2008-12-19T16:15:00Z

    CANADA - The Canada Pension Plan Investment Board (CPPIB) has invested €250m of equity in a Turkish retail fund.

  • News

    Investment options widened by CalPERS

    2008-12-18T17:23:00Z

    UNITED STATES - California Public Employees Retirement System has approved a temporary new allocation range for real estate, and selected consultants for both timberland and infrastructure investing.

  • News

    Icade REIT considers residential sale

    2008-12-15T17:11:00Z

    FRANCE - Icade, a subsidiary of Caisse des Dépôts and one of the largest Real Estate Investment Trusts (REIT) in France, is considering selling its entire housing unit.

  • News

    MPL taps buy-to-let repossessions

    2008-12-15T17:05:00Z

    UK – Managing Partners Limited's British Property Opportunities Fund is expecting to return over 10% in its first year by snapping up bargain repossessed UK properties from banks at 30%-discounted prices.