West Midlands Pension Fund has acquired more central London office space after buying St Andrew's House in conjunction with ING Real Estate Investment Management for £25.2m.
AllenbridgeEpic Investment Advisers has boosted its real estate team in response to increased client appetite for property with the appointment of a second sector specialist.
EUROPE - Pension funds considering a move into the European property market should act with caution, Hatfield Philips International (HPI) has warned.
Aviva Investors has launched a global real estate fund of funds to help UK local authority pension schemes access unlisted property and still comply with LGPS regulations.
Brockton Capital has added Birmingham's The Mailbox retail complex to its portfolio for £127.1m.
CANADA - Canada Pension Plan Investment Board has agreed to buy a 50% stake in Europe's largest retail complex, CentrO near Dusseldorf, Germany, for about €700m ($949m), according to three people with knowledge of the transaction.
UK institutional pension funds' equity allocation has plummeted by a fifth in the past decade - but remains the highest in the world, according to a global study.
EUROPE - Plans by the European Union to introduce Solvency II- type regulations to the pensions industry could hinder investments in real estate, delegates at the European Association for Investors in Non-listed Real Estate Vehicles (INREV) seminar heard....
Demographic changes, the ongoing pensions crisis and increasing regulation are the main challenges facing the global real estate market, delegates heard.
EUROPE - The global real estate crisis has created investment opportunities for pension funds and other institutional investors, Mercer believes.