Real Estate – Page 59

  • News

    Risk not rewarded in the medium-term

    2009-01-27T14:00:00Z

    [15:00 CET 27-01] SWITZERLAND – Risk in Pensionskassen portfolios has not been rewarded over a longer period, Credit Suisse has claimed, while State Street has calculated pensionskassen saw an average 2008 return of -16.83%.

  • News

    Pension fund potential in CEE infrastructure

    2009-01-20T14:30:00Z

    [15:30 CET 20-01] CEE – Local investors should take the chance to grab stable investment opportunities ino Central and Eastern Europe while many foreign investors remain wary, according to Werner Weihs-Raabl, head of group infrastructure finance and public sector at Erste Group.

  • NBIM picks London as real estate base
    News

    NBIM picks London as real estate base

    2009-01-09T12:56:00Z

    [16:20 CET 09-01] NORWAY/UK – Norges Bank Investment Management (NBIM) has increased the office space of its London branch to cope with an increase in new employees and to act as a base for the organisation's real estate investment team.

  • News

    UN fund eyes hedge funds, private equity

    2009-01-08T09:56:00Z

    [10:15 CET 08-01] GLOBAL – The $30bn (€22.1bn) United Nations Joint Staff Pension Fund (UNJSPF) says it has approval to incorporate hedge fund of funds and private equity into its portfolio.

  • News

    RCM sees assets drop by 32% but stays ahead

    2008-12-16T16:05:00Z

    [17:05 CET 16-12] AUSTRIA – Raiffeisen Capital Management (RCM) suffered outflows and losses of €12.2bn in the first 10 months of this year but maintained its market leadership, officials have claimed.

  • News

    Venice mulls pension money for local infrastructure

    2008-12-12T15:30:00Z

    [16:30 CET 12-12] ITALY – The local government of the Veneto region in the North-East of Italy is considering using the resources of its local pension funds to finance regional infrastructure projects.

  • News

    North Yorks awards ING global property mandate

    2008-11-26T15:55:00Z

    [16:55 CET 26-11] UK – North Yorkshire County Council has agreed to appoint ING Real Estate as global property manager for its £1.07bn (€1.26bn) local government pension fund.

  • News

    Large Dutch schemes back new infrastructure fund

    2008-11-13T16:00:00Z

    [16:10 CET 13-11] NETHERLANDS - DIF, the Dutch independent fund manager specialising in infrastructure, has announced the first closure of its DIF Infrastructure II fund at approximately €200m with a series of large institutional investors.

  • News

    Netherlands tightens measures against property fraud

    2008-11-03T15:45:00Z

    [16:45 CET 03-11] NETHERLANDS - The Dutch government is stepping up its efforts to prevent property fraud by tightening rules for notaries, surveyors and brokers.

  • Finnish firms keep it cool
    Features

    Finnish firms keep it cool

    November 2008 (Magazine)

    Finland’s pension funds remain unfazed by recent market developments although some are reassessing their asset allocation, finds Reeta Paakkinen

  • Dodging the sub-prime bullet
    Features

    Dodging the sub-prime bullet

    November 2008 (Magazine)

    It is 10 years since PIMCO, the fixed income manager based in the US, began operations in Europe as PIMCO Europe. Since then, it has grown from an operation with a fingernail hold on the European market to one with a substantial presence in Europe. PIMCO Europe’s London headquarters, set ...

  • News

    Swiss funds bet on Swiss francs

    2008-10-27T16:15:00Z

    [16:15 CET 27-10] SSWITZERLAND – Home bias is back in fashion as Swiss funds are turning towards investments in Swiss francs, especially domestic bonds – details of the Credit Suisse Pensionskassenindex reveal.

  • APG pushes forward to meet infrastructure target
    News

    APG pushes forward to meet infrastructure target

    2008-10-22T13:00:00Z

    [14:00 CEST 22-10] NETHERLANDS – APG, the asset manager of the €193bn ABP pension fund, is pushing forward to meet its infrastructure target of €4.5bn for 2009, despite drying up opportunities in the asset class.

  • News

    €7.8bn doctors fund looks for opportunities

    2008-10-20T15:50:00Z

    [16:50 CEST 20-10] GERMANY – Ärtzeversorgung Westfalen-Lippe (ÄVWL), a €7.8bn regional pension fund for doctors, has withdrawn approximately half of its Spezialfonds investments as it now wants to invest in 'opportunities'.

  • Bonds better than real estate - study
    News

    Bonds better than real estate - study

    2008-10-20T15:25:00Z

    [16:25 CEST 20-10] SWITZERLAND – Direct real estate investments failed to help Swiss pension funds’ performances in last quarter but quite the contrary dragged returns down compared with earlier periods, according to a study which does not track the impact of property investments.

  • News

    Ilmarinen to increase its alternatives focus

    2008-10-09T14:00:00Z

    [15:00 CEST 09-10] FINLAND – Ilmarinen Mutual, Finland’s second-largest pension provider, is planning to increasing its private equity and property holdings in the coming years as well as diversify its equity holdings, IPE has learned.

  • News

    Swiss funds still favour real estate

    2008-10-01T15:55:00Z

    [16:55 CEST 01-10] SWITZERLAND – Nine out of 10 Swiss pensions funds are indirectly invested in real estate while the majority also directly invest in the market, according to research from real estate investment specialist Sal Oppenheim.

  • News

    Dutch institutions shun indirect real estate

    2008-09-26T16:15:00Z

    [17:15 CEST 26-09] NETHERLANDS – Dutch institutional investments in indirect real estate declined by 17% last year in favour of a growth in direct real estate portfolios, a new report claims.

  • News

    Dutch fund seeks global non-listed real estate

    2008-09-11T15:00:00Z

    [16:00 CEST 11-09] NETHERLANDS – A Dutch pension fund is looking for a global multi-manager to invest €250m in non-listed real estate funds, using IPE-Quest.

  • Lehman Bros overhauls firm after $3.9bn loss
    News

    Lehman Bros overhauls firm after $3.9bn loss

    2008-09-10T15:55:00Z

    [16:55 CEST 10-09] GLOBAL – Investment banking giant Lehman Bros is separating its commercial real estate business as a new listed entity and selling a majority stake in its investment management division after yet more writedowns generated a third-quarter net loss of $3.9bn (€2.76bn).