Europe

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.

Australian pension fund acquires 50% of Victoria port
Scheme ups stake in Geelong Port with acquisition of 15% share from Australian Infrastructure Fund.

Retail specialist Corio to offload Dutch, French assets worth €670m
Had intended to stagger disposals, but decided to pull programme forward.

Teesside pension fund hires CBRE to manage real estate portfolio increase
CBRE to manage expansion of £107m direct portfolio as part of three-year plan.

Ireland's National Asset Management Agency announces restructuring
New structure will see creation of specific asset management, asset recovery divisions.

Germany-focused property funds show good growth prospects – IPD
New research also shows widening gap between strongly and weakly performing funds.

News analysis: The (Chinese-owned) road to riches
China is targeting European 'recovery' infrastructure assets – but not as you might expect.

Real estate investors focusing increasingly on income – survey

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

Pension fund-owned HSBC Infrastructure increases holding in PFI fire asset
Debt-and-equity investment brings trust's stake in Dorset Fire & Rescue project to 67%.

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