The $154bn pension system will also work to decrease holdings in opportunistic and value-add investments and reduce leverage in the portfolio.
2 min read · 18 January 2013
The Plymouth Meeting, Pennsylvania-based real estate asset management firm has acquired a six million square-foot portfolio of industrial distribution facilities across the Midwest and Southeast from Pinchal & Company.
2 min read · 18 January 2013
The New York-based real estate sale firm has purchased 1.6 million square feet of self-storage properties in California, Illinois and Hawaii from A-American Self Storage for $86m.
2 min read · 18 January 2013
The break-up of ING continues with as the Dutch group sells out of its Australian property funds management business. Yesterday it completed the sale of its global securities business.
2 min read · 18 January 2013
Olivier de Poulpiquet, co-CEO and co-CIO of Morgan Stanley Real Estate Investing, is to relocate to Singapore as the firm plans to switch from net sellers of real estate in the region to become net buyers.
2 min read · 18 January 2013
Former LaSalle executive Melissa Reagen will fill a new position to help research real estate data across the Americas in late July.
2 min read · 18 January 2013
The Canadian pension fund manager known as AIMCo, which looks after the Alberta Heritage Savings Trust Fund, wants to increase returns partly by investing outside its home territory, including the US and Europe.
2 min read · 18 January 2013
The Los Angeles-based real estate investment management firm has completed its purchase of ING Group’s global real estate securities business, ING Clarion Real Estate Securities. The deal forms part of its wider $940m acquisition of ING’s Real Estate Investment Management operations in Europe and Asia.
2 min read · 18 January 2013
The mandate, which entails providing due diligence, acquisition, and brokerage services mainly on Asian and European properties for the newly restructured Global Growth Trust and Global Income Trust, gives the private equity real estate firm a fresh capital source to execute deals.
3 min read · 18 January 2013
First London retail, now Paris offices. Norges Bank Investment Management, which invests the capital of Norway’s Government Pension Fund Global, steps into the next of its target markets as it increases its recently established real estate portfolio.
2 min read · 18 January 2013
