Real Estate – Page 60

  • News

    APG makes sustainability call to pension funds

    2009-04-28T13:30:00Z

    [14:30 CEST 28-04] EUROPE - APG Investments, the wholly-owned asset manager of the ABP pension fund, is planning to launch a global real estate sustainability survey with the University of Maastricht.

  • News

    PMA recovery to alter asset allocation

    2009-04-20T15:40:00Z

    [16:40 CEST 20-04] NETHERLANDS - The €889m pension fund for pharmacies’ staff PMA expects to recover from its reserve shortfall within 15 years by adjusting its yearly indexation and changing its asset allocation strategy.

  • News

    Property and infra to see investment resurgence - study

    2009-04-20T15:30:00Z

    [16:30 CEST 20-04] GLOBAL – A study of pension funds and institutional investors suggests funds will increase their listed and private equity holdings this year, but the asset classes of most interest for future years are likely to be property, infrastructure and hedge funds of funds.

  • News

    AP3 completes venture into public real estate

    2009-04-16T15:15:00Z

    [16:15 CEST 16-04] SWEDEN – Tredje AP-fonden (AP3), the Third Swedish National Pension Fund, has completed the purchase of a 50% stake in Hemsö, a subsidiary of the real estate firm Kungsleden AB.

  • News

    Norway-Global rules out high-yield bonds

    2009-04-06T16:00:00Z

    [17:00 CEST 06-04] NORWAY – The Government Pension Fund – Global has ruled out extending into high-yield and emerging market bonds, and has also warned it is unlikely to reach its 5% allocation to real estate for "several years".

  • News

    Kesko signs leaseback deal with pension fund

    2009-04-03T15:40:00Z

    [16:40 CEST 03-04] FINLAND – The Kesko Pension Fund has bought four retail properties for €50m in a sale and leaseback deal with Finnish trading company Kesko Group.

  • News

    Swiss pension fund eyes real estate

    2009-04-03T15:25:00Z

    [16:25 CEST 03-04] IPE-QUEST – A Swiss corporate pension fund is looking for a manager with experience of investing in the real estate markets to take care of a $70m (€52m) pan-European real estate fund-of-funds mandate, using IPE-Quest.

  • News

    Publica returns -6.86%

    2009-03-03T16:05:00Z

    [17:05 CET 03-03] SWITZERLAND – The CHF30bn (€20.3bn) public service pension fund Publica saw its funding level drop by over 10 percentage points to 95.8% over the last year.

  • News

    Hedge funds and private equity win in diversity push

    2009-02-24T15:30:00Z

    [16:30 CET 24-02] UK – Pensions funds chose to further diversify their asset allocation strategies last year by investing more of their assets in direct hedge funds and direct private equity while reducing the search for real estate managers, suggests a review of Watson Wyatt’s manager selections.

  • News

    Government action sought on infrastructure investing

    2009-02-23T15:50:00Z

    [16:50 CET 23-02] GLOBAL – Pension funds are becoming increasingly attracted to investing in infrastructure but governments should do more to encourage them, according to the latest report published by the Organisation for Economic Co-operation and Development (OECD).

  • News

    Local government pensions consider investing in schools

    2009-02-23T14:45:00Z

    [15:45 CET 23-02] UK – UK local authority pension funds officials have been in discussions with a quasi-government body about the prospect of investing in the building of UK schools through private finance initiatives (PFIs).

  • News

    Expert demands state hand-outs for Pensionskassen

    2009-02-18T12:14:00Z

    [16:05 CET 18-02] AUSTRIA – Austrian pension expert Johannes Rudda would like to see the federal state put money into Pensionskassen with employers being another possible source for financial aid.

  • News

    Danish Engineers sell €65m portfolio to Aberdeen

    2009-02-05T15:30:00Z

    [16:30 CET 05-02] DENMARK – DIP, the DKK24bn (€3.22bn) pension fund for Danish engineers, has sold a €65m commercial property portfolio to Aberdeen Property Investors and taken a stake in its Danish fund as part of a shift in its investment strategy.

  • Edgy on equities but eager for infrastructure
    Features

    Edgy on equities but eager for infrastructure

    February 2009 (Magazine)

    In many areas Norway has carved out its own distinct path. Kjetil Houg, finance director at Oslo Pensjonsforsikring, tells Nina Röhrbein how this has helped the country’s largest local authority pension scheme to navigate the market crisis

  • News

    Progress to sell property for unlisted strategy (UPDATED)

    2009-01-27T15:15:00Z

    [16:15 CET 17-01 NETHERLANDS - The Dutch pension fund of food giant Unilever, will sell its entire Dutch direct property portfolio and switch its real estate investment strategy to unlisted international real estate funds.

  • News

    Risk not rewarded in the medium-term

    2009-01-27T14:00:00Z

    [15:00 CET 27-01] SWITZERLAND – Risk in Pensionskassen portfolios has not been rewarded over a longer period, Credit Suisse has claimed, while State Street has calculated pensionskassen saw an average 2008 return of -16.83%.

  • News

    Pension fund potential in CEE infrastructure

    2009-01-20T14:30:00Z

    [15:30 CET 20-01] CEE – Local investors should take the chance to grab stable investment opportunities ino Central and Eastern Europe while many foreign investors remain wary, according to Werner Weihs-Raabl, head of group infrastructure finance and public sector at Erste Group.

  • NBIM picks London as real estate base
    News

    NBIM picks London as real estate base

    2009-01-09T12:56:00Z

    [16:20 CET 09-01] NORWAY/UK – Norges Bank Investment Management (NBIM) has increased the office space of its London branch to cope with an increase in new employees and to act as a base for the organisation's real estate investment team.

  • News

    UN fund eyes hedge funds, private equity

    2009-01-08T09:56:00Z

    [10:15 CET 08-01] GLOBAL – The $30bn (€22.1bn) United Nations Joint Staff Pension Fund (UNJSPF) says it has approval to incorporate hedge fund of funds and private equity into its portfolio.

  • News

    RCM sees assets drop by 32% but stays ahead

    2008-12-16T16:05:00Z

    [17:05 CET 16-12] AUSTRIA – Raiffeisen Capital Management (RCM) suffered outflows and losses of €12.2bn in the first 10 months of this year but maintained its market leadership, officials have claimed.