Indirect
Former directors at Philips pension scheme found guilty of fraud
Will F and successor Rob L received bribes for divesting large blocks of property portfolio, court found.
German pension fund buys Paris office through iii Spezialfond
Unnamed institution spends €18m on "extensively renovated" property in French capital.
Major's London Plan 'threatens emerging social housing market'
Plans allowing local authorities to opt out of social housing construction criticised by specialists.
Pension funds should consider investment in 'top tier' housing associations
Consultancy Redington highlights sector's need for "significant" outside funding.
Swiss pension schemes see loss despite outperformance of local real estate
Domestic direct, indirect real estate are best-performing asset classes, while assets fall by 0.2%.
ATP Real Estate invests in debut ECE shopping centre fund
Company also commits €40.2m to Norden IV, an opportunistic fund focusing on Copenhagen.
UK commercial property to struggle for 'next seven years'
L&G cites introduction of Basel III and increasing capital requirements as deciding factors.
German property roundup: iii, open real estate funds (OIF), Colliers
Open real estate funds are 'losing attractiveness' with institutional investors.
Henderson European fund of funds makes first UK foray
Invests in two funds via secondary market, attracts new capital from pension fund.
CFA Institute calls for REIT governance overhaul in Asia
Seeks to minimise conflicts of interest between external management, REIT unit-holders.
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