Real Estate – Page 89
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Features
Conference illuminates property index
PREA chairman Stephen Furnary opened the combined 2005 Pension Real Estate Association and National Council of Real Estate Investment Fiduciaries conference by telling his audience how the event would give them a better understanding of the NCREIF Property Index. He said: “The index allows us to do a better job ...
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Features
Done deals in London
The property deal-flow in London continues unabated with a number of funds and property companies reporting successful completions. Insight foundation property trust has acquired National Magazine House at 72 Broadwick Street, W1 from Shaftesbury plc for £45m (€66.5m). The price reflects a net initial yield of 5.29%. The property is ...
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Special Report
Listening to the investors
Corporate governance has been described as the “architecture of accountability”. How satisfied are primary investors with the accountability of real estate managers and their funds? IPE asked several major investors for their views on the subject. Our questions – which were supplied by Jonathan Fenton at law firm DLA ...
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Features
Singapore searches for the 'X-factor'
When asked if Singapore had the “X-factor” of a top-class, world city, many of its urban planners, architects and developers said “no”. They believed that it was nothing more than a “wannabe” in global terms. Nevertheless, as southeast Asia’s most liquid real estate market and the current hub for the ...
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News
AMF names new bond head
SWEDEN – Bengt Björkén has been named head of bond management at AMF Pension.
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News
Cominvest gets new chief executive
GERMANY – Commerzbank has created a new management board for its asset management division and named a new chief executive for German fund arm Cominvest in a bid to revive the division’s sagging fortunes.
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News
Finland’s Varma names Murto as new CIO
FINLAND - Varma Mutual Pension Insurance Co. has named Risto Murto as chief investment officer, taking over from the retiring Jorma Leinonen.
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News
Watson Wyatt makes three Dutch hires
NETHERLANDS – Watson Wyatt has hired three new staff for its “rapidly expanding” investment consulting team in the Netherlands.
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News
APK takes over BMW pension fund in Austria
AUSTRIA – APK, a €2bn pension fund open to all industries in Austria, is to take over administration of the Austrian pension fund of German carmaker BMW from January 2006.
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News
Sweden consults on traffic-light pension model
SWEDEN – The Swedish financial regulator has launched a consultation on a proposal to identify possible problems at occupational pension funds and life companies using the so-called traffic-light model.
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News
US-based Principal to open Munich branch
GERMANY – US fixed-income specialist Principal Global Investors plans to open a branch in Munich from January 2006.
