Real Estate – Page 63

  • Features

    Shining a light on Danish real estate valuations

    November 2007 (Magazine)

    Denmark’s pension fund boards have the freedom to value their own domestic property portfolios, a situation that many find out of step with modern transparency requirements. Pirkko Juntunen reports

  • News

    Norway seeks real estate expertise

    2007-11-09T15:00:00Z

    [16:00 CET 09-11] NORWAY – The Norwegian Government Pension Fund – Global has effectively confirmed its intention to invest in real estate by tendering for a real estate investment consultant.

  • News

    Nordic pensions pass €200m to Dr. Lübke AM

    2007-10-31T15:00:00Z

    [16:00 CET 31-10] GERMANY/NORDICS – German real estate consultancy Dr. Lübke has started its new asset management operations with €200m in investments from Scandinavian pension funds, the company revealed today.

  • News

    Morley keeps watch on European diversified launch

    2007-10-29T13:00:00Z

    [14:00 CET 29-10] UK - Aviva’s asset management arm Morley has launched a multi-asset fund targeted at smaller UK pension funds but which it hopes to be able to roll out across Europe in due course.

  • News

    PwC to advise Norwegian fund on real estate

    2007-10-24T12:30:00Z

    [13:30 CEST 24-10] NORWAY – The Oslo-based branch of PricewaterhouseCoopers (PwC) was awarded the contract for advising the NOK2trn (€250bn) Norwegian government pension fund on tax issues related to real estate investments.

  • News

    LVAM in drive to grow institutional business

    2007-10-16T15:17:00Z

    [16:20 CEST 16-10] UK – LV=Asset Management (LVAM), the asset management arm of UK’s largest friendly society, has announced ambitious plans to expand its fund management arm with 12 new funds and the development of a multi-manager capability, as it targets institutional and retail investors.

  • News

    ING real estate wins £100m Welsh mandate

    2007-10-15T10:00:00Z

    [11:00 CEST 15-10] UK – The GBP1.36bn (€1.9bn) Rhondda Cynon Taf council pension fund has awarded a £100m UK property mandate, with possible exposure to other European markets, to ING Real Estate Investment Management.

  • News

    Berkshire trades direct property for fund

    2007-09-21T10:00:00Z

    [11:00 CEST 21-09] UK - The £1.4bn (€2.1bn) Berkshire pension fund has made a £15m investment into BlackRock's UK property fund.

  • News

    Market changed public pensions' strategies - Fidelity

    2007-09-13T10:00:00Z

    [11:00 CEST 13-09] UK- Recent stock market turbulence may have persuaded local authority pension funds to shift more asset allocation into alternatives, suggests a survey by Fidelity International.

  • News

    Lothian pension tenders its real estate

    2007-09-10T15:00:00Z

    [16:00 CEST 10-09] UK – Lothian pension fund is reviewing its real estate investment manager and searching for a firm to handle the fund’s asset allocation.

  • News

    Greater Manchester fund tenders property valuation

    2007-09-03T15:30:00Z

    [16:30 CEST 03-09] UK – The £9.5bn (€14bn) Greater Manchester Pension Fund is reviewing Colliers CRE as the independent valuer for its property portfolio.

  • News

    ABP to sell office fund KFN

    2007-08-29T16:00:00Z

    [17:00 CEST 29-08] NETHERLANDS - The €211bn civil service scheme ABP is considering selling at least part of its offices investment fund KFN, in order to further diversify its overall portfolio.

  • News

    LPFA moves property from UTs to mandate

    2007-07-23T15:30:00Z

    [16:30 CEST 23-07] UK - The London Pensions Fund Authority (LPFA) has appointed ING Real Estate to manage a £150m (223m) global property mandate.

  • News

    West Midlands awards ING £560m property mandate

    2007-07-20T14:00:00Z

    UK - The £7.8bn (€11.6bn) West Midlands Metropolitan Pension Fund has awarded ING Real Estate a £560m advisory mandate to manage its UK direct property portfolio.

  • News

    IPE Quest: Swiss fund seeks real estate FoF

    2007-07-19T15:45:00Z

    [16:45 CEST 19-07] SWITZERLAND – A Swiss corporate pension fund is looking a manager to handle a $10m (€7.2m) pan-European real estate fund of funds mandate, using IPE Quest.

  • News

    PAIFS to match REITs tax status

    2007-07-19T15:00:00Z

    [16:00 CEST 19-07] UK – Pension funds and charities will no longer face a tax penalty if they invest in UK property authorised investment funds (PAIFs) from next year as government reforms will give the investments tax status equal to real estate investment trusts (REITs).

  • News

    Newham to build returns in infrastructure

    2007-07-18T12:30:00Z

    UK – The London Borough of Newham Pension Fund is making its first foray into infrastructure with the award of a £30m mandate.

  • News

    Wiltshire appoints three managers

    2007-07-13T16:00:00Z

    [17:00 CEST 13-07] UK – The £1.1bn (€1.7bn) Wiltshire County Council Pension Fund has awarded three mandates for unconstrained equity, long-short equity and active currency.

  • News

    Glasgow fund monitors underperforming managers

    2007-07-06T15:30:00Z

    UK - The £9.73bn (€14.4bn) Strathclyde Pension Fund has put Edinburgh-based Baillie Gifford and Isle of Man’s Capital International under watch due to underperformance.

  • News

    Powys drops overseas bonds

    2007-07-05T15:17:00Z

    [16:19 CEST 05-07] UK - Western Asset Management and Barclays Global Investors (BGI) have lost out in a major reshuffle at the £295m (€436m) Powys County Council Pension Fund that has seen overseas bonds culled from the portfolio.