Real Estate – Page 95
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News
European property association CEO Hill retires
EUROPE – Judy Hill, chief executive of INREV, the European Association for Non-listed Real Estate Vehicles, is to retire.
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UK’s Turner explores housing-pensions link
UK – The head of the Pension Commission, Adair Turner, has outlined his ideas about the links between the UK housing market and retirement savings.
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Head of underperforming AP4 gets pay cut
SWEDEN – The president of the SEK151.4bn (€16.7bn) Swedish buffer fund AP4 – which underperformed its benchmark by three points in 2004 – has had his pay cut by almost five percent.
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Ousted Babcock CEO ‘misrepresented assets’
GERMANY - The surprise dismissal of Günter Schulze as chief executive of Babcock Pensionskasse followed his misrepresentation of the pension fund’s investments, sources say.
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News
Watson Wyatt private equity partner leaves
UK – Stephan Breban, a Watson Wyatt senior consultant and partner in charge of the private equity management research team, is to leave the firm at the end of March to set up his own business called City Capital Partners.
