Real Estate – Page 62

  • News

    Berkshire to increase alternatives exposure

    2008-06-30T15:30:00Z

    [16:30 CEST 30-06] UK – The £1.49bn (€1.88bn) Royal County of Berkshire Pension Fund has confirmed its intention to move into emerging market debt and infrastructure with the issue of two new manager tenders.

  • Infrastructure: a quick road to reward?
    Features

    Infrastructure: a quick road to reward?

    June 2008 (Magazine)

    This report was researched and compiled by Christopher Hindle and Marie Verpilleux of Global Business Reports

  • Norway consults on ethical pension guidelines
    News

    Norway consults on ethical pension guidelines

    2008-06-23T16:05:00Z

    [17:05 CEST 23-06] NORWAY – The Norwegian Ministry of Finance has issued a public consultation on the evaluation of ethical guidelines for the Government Pension Fund – Global, which highlights potential changes such as introducing a 'cut-off' point for active ownership discussions.

  • Teeside offers £1.75m direct property mandate
    News

    Teeside offers £1.75m direct property mandate

    2008-06-06T14:45:00Z

    [15:45 CEST 06-06] UK – Middlesbrough Borough Council has issued a tender for a manager to take responsibility for the direct property portfolio of its local government pension scheme.

  • News

    APG reshuffles Asian real estate team

    2008-06-03T15:50:00Z

    [16:50 CEST 03-06] NETHERLANDS – Dutch APG Investments, the wholly-owned division of ABP created to manage the assets and administration of the pension fund, has reshuffled its Asian real estate team.

  • Features

    Inflation assets: alternatives from inflation

    June 2008 (Magazine)

    Lynn Strongin Dodds looks at the use of alternative assets as a means of protecting against inflation.

  • Inflation seller: Øresund Bridge
    Features

    Inflation seller: Øresund Bridge

    June 2008 (Magazine)

    While pension funds, insurers and private investors benefit from lower inflation, public authorities and enterprises, utilities, real estate and distribution companies profit from higher inflation. So, the latter group can benefit from becoming inflation sellers, according to a Fortis Investments reports, ‘Inflation swaps to safeguard future income or hedge against ...

  • Dealing with inflation
    Features

    Dealing with inflation

    June 2008 (Magazine)

    IPE asked three pension funds – in Austria, Finland and the Netherlands – the same question: ‘How do you protect your investments from inflation?’ Here are their answers:

  • News

    Dutch transport funds team up to buy real estate

    2008-05-29T15:30:00Z

    [16:30 CEST 29-05] NETHERLANDS – The Dutch €12bn railway pension fund (SPF) and the €2bn public transport pension fund (SPOV) have together with Generali Real Estate bought an €80m Dutch shopping centre project.

  • 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.