KOREA/FRANCE - Hammerson has agreed to sell 51% of its interest in a Paris shopping centre to the National Pension Service of Korea (NPS) for €217m ($278m).
Under the deal, which was rumoured earlier this week, NPS will have the opportunity to purchase a further 24% interest in Autumn 2011 from Hammerson for an estimated €106m. The O'Parinor shopping centre...
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....