In order to meet future liabilities, the Asia Pacific Real Estate Association has called on pension funds in the region to mirror their US and European counterparts which have asset allocations to real estate of up to 10%.
2 min read · 24 January 2013
The Belgian presidency has offered a five-year dual approach to the AIFM's proposed third country rules, in an attempt to find harmony between competing EU Parliament and Council proposals.
4 min read · 24 January 2013
Alan Hevesi pleaded guilty Thursday to a felony charge for his involvement in the New York State Common Retirement Fund pay-to-play scandal. Hevesi is the seventh individual to plead guilty in attorney general Andrew Cuomo’s ongoing pension fund investigation.
2 min read · 24 January 2013
The London-based real estate investment management firm has acquired the property fund management division of Close Brothers, which is seeking to concentrate on its core businesses.
2 min read · 24 January 2013
The move by Dallas-based firm Invesco comes hot on the heels of hotel specialist Azure Properties which said it was in discussions with major private equity groups and commercial real estate funds on a joint venture to acquire up €1.1bn of hospitality assets
2 min read · 24 January 2013
Philip Alfieri has left Infrastructure Management Group to help Franklin Templeton select fund managers specialising in transportation, agriculture, water, energy and timber investments.
2 min read · 24 January 2013
The buyout firm, which took the Japanese bank private in 2008, is reportedly looking for an additional investor to come on board. The capital could be used to ease debt repayments, sources told Reuters.
2 min read · 24 January 2013
Eddie Izzard, patron of the Marathon of Marathons, explains how to keep on running through the pain. After his extraordinary 43 Marathons in 51 days, he should know better than anyone.
3 min read · 24 January 2013
London- and Paris-based AEW Europe is planning a €250m-€300m value-added residential investment programme over the next 12 to 18 months in Berlin via a joint venture with Caleus Capital Investors.
1 min read · 24 January 2013
The German insurer, which is aiming to increase global real estate investment from €17bn to €30 billion over the next few years, blames ‘lack of market’ for hampering efforts to reach its targets quickly.
2 min read · 24 January 2013
