Real Estate – Page 95
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Germany freezes state pension for 20m people
GERMANY - The German government has approved an ordinance that, for the second consecutive year, bars an increase in the state pension drawn by around 20 million people in Germany.
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SSGA’s assets under management rise 11%
GLOBAL – Assets under management at State Street Global Advisors, the asset management arm of State Street Corp, have risen 11%.
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European real estate body INREV names CEO
EUROPE - INREV, the European Association for Investors in Non-listed Real Estate Vehicles, has appointed a new chief executive.
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Austria’s NÖVK scheme taps GES for SRI
AUSTRIA - Niederösterreichische Vorsorgekasse, a two-year-old Austrian pension fund serving 100,000 employees, has hired GES Investment Services for socially responsible investment consulting.
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Fortis hires MN’s Coenraads for Dutch real estate
NETHERLANDS - Fortis Investments has hired MN Services’ Bart Coenraads as chief investment officer for Dutch real estate.
