Emerging/Niche

German pension funds consider project development in race for core
Schemes 'dissatisfied' by fund managers selecting mutual funds over Spezialfonds for prime.

UK councillors attack development proposals for pension fund-owned land
Officials oppose plans to develop greenbelt land acquired by Nottinghamshire pension fund.

UK distressed asset sales could 'overwhelm' recovery of secondary
Secondary values still remain more than 40% below their 2007 value, says IPD.

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

East Capital kicks off fundraising for Baltic real estate fund
Specialist manager says fund will offer entry point to macro recovery in region.

Danish pensions group PKA to 'spread risk' by boosting alternatives
PKA, which manages five pension funds in healthcare sector, returns 9.4% for 2011.

Banks to offload distressed secondary properties at last – DTZ
Significantly more assets to come onto market as lenders exert pressure on borrowers to sell.

News analysis: There will soon be more secondary – but few bulk buys
Figures show banks have undertaken disposal strategies, but is this actually set to change?

Blackstone, Related Companies raise distressed real estate funds
Private equity firm Blackstone raises $6bn over last six months for opportunistic fund.

Most of Central, Eastern Europe seen as core by property investors – CBRE
More than 10% of all real estate investments made in Europe last year were made in CEE.

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