Real Estate – Page 85
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News
UK high streets a magnet for private equity
UK - Private equity investment in the UK’s high street continues to be robust, despite concerns that consumer spending is about to fall.
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Zurhorst joins SWIP from DrKW
EUROPE – Scottish Widows Investment Partnership (SWIP), the asset management arm of the Lloyds TSB group, has named Peter Zurhorst as head of its business in northern Europe with specific responsibility for expanding institutional business in Germany.
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Germany’s Faros hires another FERI consultant
GERMANY – Faros Consulting, a two-year-old investment advisor for institutional clients, has hired another consultant from rival FERI.
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UK asset management jobs set to rise - CBI
UK – Bullish expectations mean employment numbers across the fund management industry look set to increase even further in the next quarter, according to the CBI and PricewaterhouseCoopers quarterly Financial Services Survey.
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PGGM real estate manager de Haas exits
NETHERLANDS – Peter de Haas, senior portfolio strategist for real estate at Dutch health care fund PGGM, is to join Protego Real Estate Investors.
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PKA’s Gunnergaard to set up consulting firm
DENMARK – Troels Gunnergaard, the head of property investment at Pensionskassernes Administration (PKA), has resigned to establish his own consulting firm, Gunnergaard Consult.
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Germany confirms real estate stress tests
GERMANY – Financial services regulator BaFin has confirmed that it will include direct investments in real estate in so-called “stress tests” for German life insurers and certain pension funds.
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TNO awards extra €20m to MN Services
NETHERLANDS - The pension fund of technical research institute TNO has awarded an additional €20m in international real estate assets to MN Services, MN said.
