US - The California Public Employees' Retirement System (CalPERS) has dropped LaSalle Investment Management as manager of a $1.96bn industrial real estate portfolio in favour of GI Partners and RREEF.
The CalEast Global Logistics portfolio will be split between the two managers, with GI Partners running the $1.9bn of North American assets and RREEF managing $60m of European industrial assets. CalPERS...
A joint venture between the BAE pension funds and Immobilien Europa Direkt has acquired the Sofitel at Gatwick North Terminal with the help of Schroders.
The way schemes invest in property is changing. Charlotte Moore looks at how partnerships and impact investing are shaping approaches
The Nottinghamshire County Council Pension Fund has hired Kames Capital to run a £22m property mandate.
Inrev has announced it will begin building the prototype of a pan-European real estate asset level index after receiving financial commitments from 28 of its members.
In the first of a four-part series looking at residential real estate investment, M&G Real Estate fund manager Alex Greaves and Hermes Real Estate fund director Philip Nell discuss why pension schemes should consider investing in UK residential property....