High fees are dampening the demand for opportunistic real estate investment, Towers Watson warns.
GLOBAL - High fees are dampening the demand for opportunistic real estate investment, Towers Watson warned.
Legal & General Property has bought a portfolio of 11 freehold properties located in Covent Garden from ING Covent Garden Limited Partnership for £119.5m.
UK - Overall investment manager search activity increased in the UK during the first nine months of the year in a sign activity is returning to pre-credit crunch levels, Mercer said.
Arbuthnot Banking Group has said its property joint venture with former UBS UK real estate director Richard Tanner will be called Arbuthnot Real Estate Investment Management.
UK - The Universities Superannuation Scheme has bought an industrial park in West London for £110.4m (US$182.3m).
The Universities Superannuation Scheme has bought an industrial park in West London for £110.4m.
Property company Quintain has sold a 9% stake in a specialist property fund to a number of pension schemes at a 12% discount to net asset value.