Managers

The $154bn pension system will also work to decrease holdings in opportunistic and value-add investments and reduce leverage in the portfolio.

The firm has formed of a value-added UK fund that invests in Central London offices. In addition, its European core real estate fund has acquired a logistics property in Finland.

Hamburg-based ECE group has raised most of the equity for its first ever fund with a final close expected this summer. The Government of Singapore Investment Corporation is understood to be among investors in the prime shopping centre vehicle.

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.

The real estate arm of Aberdeen Asset Management is looking to Sweden as the first in a country-by-country series of funds investing in residential property.

The Shanghai and Switzerland-based firm wants to access the 'China success story' by launching a fund focussed on investments in one of its major cites, Shanghai.

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.

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.

Firm hires Schalk Visser from CBRE Investors. He is charged with co-ordinating fund raising for all of AEW Europe’s funds.

Just three months after instigating the soft marketing for its second Asia real estate opportunity fund, Arch Capital has corralled more than $220m from investors worldwide.