Americas

Real estate investors to focus on income over yield – Aviva Investors
Survey finds 80% of managers view client interest as geared towards income over capital appreciation.

Real estate investors focusing increasingly on income – survey

Canada Pension Plan agrees $5bn mall acquisition with Westfield
Deal comes on heels of joint venture with Land Securities to redevelop prime UK site.

Texas pension fund awards Aberdeen pan-European multi-manager mandate
Separate-account mandate reflects 'clear increase' in demand for pan-European property.

US real estate stands to benefit under euro-zone break-up – DTZ
European and Asian rents to suffer as investors contemplate downside scenario

CalSTRS awards $500m infrastructure mandate to Australia's IFM
IFM to invest in diversified portfolio of core assets in North America, Europe.

Canada Pension Plan Investment Board sets sights on Australian infrastructure

Quebec pension manager enters London residential market
Residential unit of Casse de dépôt et placement du Québec buys prime portfolio for CAD150m.

BRICs to see 'sizeable slowdown' as Chinese property suffers
While growth will still outpace that in West, demographics will have 'dampening' impact.

Dutch pensions giant ABP sues Goldman Sachs over mis-selling
€246bn scheme claims investment bank knew the CDOs it sold ABP had been 'destined to fail'.

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