Real Estate – Page 61

  • News

    IPE-Quest: Finnish fund seeks UK real estate

    2008-05-29T11:00:00Z

    [12:00 CEST 29-05] FINLAND – A Finnish pension fund is looking for managers for a £150m (€189.5m) UK real estate mandate, using IPE Quest.

  • News

    Good quality property strategy will 'shield' FSP

    2008-05-22T13:00:00Z

    [14:00 CEST 22-05] DENMARK - Danish pension fund FSP is expecting to avoid the worst of the market rout by investing in good quality property and avoiding the most volatile market segments.

  • News

    LGPI allocates $75m to Asian property

    2008-05-21T15:50:00Z

    [16:50 CEST 21-05] FINLAND – The Finnish Local Government Pensions Institution (LGPI) has invested $75m (€48m) into an Asian real estate fund of funds managed by Aberdeen Property Investors (API).

  • News

    UBS disposes of subprime-related embarrassment

    2008-05-21T14:30:00Z

    [15:30 CEST 21-05] SWITZERLAND - Swiss bank UBS has sold $15bn (€9.7bn) worth of US residential mortgage-backed securities to a newly created distressed asset fund.

  • News

    North Yorks pension moves into property (amended)

    2008-05-20T15:00:00Z

    [16:00 CEST 20-05] UK – The £1.2bn (€1.5bn) North Yorkshire County Council pension fund is adjusting its asset allocation and moving into real estate investment, as well as searching for an overseas equity manager.

  • Bank of Finland scheme awards real estate mandate
    News

    Bank of Finland scheme awards real estate mandate

    2008-05-15T11:00:00Z

    [12:00 CEST 15-05] FINLAND – Suomen Pankki, the Bank of Finland pension fund, has awarded Aberdeen Property Investors a real estate mandate valued at approximately €10m.

  • News

    Aberdeen buys real estate rival Goodman for £109m

    2008-05-06T15:55:00Z

    [16:55 CEST 06-02] GLOBAL – Aberdeen Asset Management’s real estate subsidiary Aberdeen Property Investors has snapped up a deal to buy its rival Goodman Property Investors for £109m (€140m).

  • News

    CMSA moves to dissuade against CMBS rating 'symbols'

    2008-05-02T15:40:00Z

    [16:40 CEST 02-05] GLOBAL – The US-based Commercial Mortgage Securities Association (CMSA) has criticised proposals from the International Organisation of Securities Commission (IOSCO) to create a separate ratings regime for mortgage-backed securities (MBS) as “adding to investor confusion”.

  • Features

    Bricks and mortar

    May 2008 (Magazine)

    The future looks challenging for private equity real estate funds. Lynn Strongin Dodds reviews the outlook and highlights some of the brighter spots

  • Real estate sector pressed to embrace 'professionalisation'
    News

    Real estate sector pressed to embrace 'professionalisation'

    2008-04-29T11:00:00Z

    [12:00 CEST 29-04] GLOBAL – Fund managers in the real estate investment market will face increasing calls for the transparency, standardisation and ‘beta-matching’ lower fees which investors now expect in other asset classes, speakers at the INREV annual conference have suggested.

  • News

    INREV follows the fashion for style

    2008-04-25T11:00:00Z

    [12:00 CEST 25-04] EUROPE – INREV, the European Association for investors in non-listed real estate funds, has introduced a ‘style’ index to help pension funds and institutional investors can benchmark their funds by investment style.

  • News

    FSP outsources residential admin

    2008-04-22T14:30:00Z

    [15:30 CEST 22-04] DENMARK - Finanssektorens Pensionskasse, the Danish pension scheme for financial sector workers, has outsourced the administration of its Danish residential properties and leases to Dan-Ejendomme.

  • IPE-QUEST: High yield debt
    News

    IPE-QUEST: High yield debt

    2008-04-11T14:45:00Z

    [15:45 CEST 11-04] GLOBAL – A continental European pension fund has said it is looking for managers for a $80m (€50.5m) global developed markets high yield debt mandate, using IPE Quest.

  • News

    VastNed forced to reconsider takeover

    2008-04-10T10:30:00Z

    [11:30 CEST 10-04] NETHERLANDS - VastNed Retail, the €1.8bn property fund, has been forced by majority shareholders, such as pensions investor PGGM, to re-consider its initial refusal to a takeover bid.

  • News

    Norway pension fund allocates 5% to real estate

    2008-04-07T15:00:00Z

    [16:00 CEST 07-04] NORWAY – Europe’s largest pension fund, the NOK2136bn (€267bn) Norwegian Government Pension Fund – Global, has said it will switch 5% of its asset to real estate, while moving more into emerging markets.

  • News

    SBZ seeks real estate and SRI managers

    2008-04-04T11:15:00Z

    [12:15 CEST 04-04] NETHERLANDS – SBZ, the €2.57bn industry-wide pension fund for care insurers, is looking to make changes to its environmental, social and governance structure and its real estate portfolio as part of its earlier swap to fiduciary management.

  • News

    BLPK at top end of Swiss performers

    2008-03-26T15:30:00Z

    [16:30 CET 26-03] SWITZERLAND – The CHF5.2bn (€3.3bn) Basellandschaftliche Pensionskasse generated a 4%return on investments in 2007.

  • News

    North Yorks seeks actuary as Lothian reappoints SLI

    2008-03-19T15:35:00Z

    [16:35 CET 19-03] UK – North Yorkshire County Council has issued a tender for a provider of actuarial services for its £1.2bn (€1.5bn) pension fund.

  • News

    FSP raises the ceiling on property

    2008-03-10T14:20:00Z

    [15:20 CET 10-03] DENMARK - Finanssektorens Pensionskasse, the Danish pension scheme for financial sector workers, is adding a hefty slice of property exposure to the unit-linked scheme now used by all new members.

  • News

    German doctors mull infrastructure

    2008-02-29T11:00:00Z

    [12:00 CET 29-02] GERMANY – The €9bn Nordrheinische Ärzteversorgung (NAEV), the German pension fund for doctors in the North Rhine region, is contemplating a move into infrastructure investments.