Lastest people news – Page 64
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CalPERS fills the top slot
US – The California Public Employees’ Retirement System (CalPERS) has appointed Anne Stausboll as the pension fund’s new chief executive officer (CEO).
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Pru relocates its real estate divisions
US - Prudential Financial is integrating its Real Estate and Relocation businesses as Prudential Real Estate and Relocation Services Inc, in a bid to streamline the firm’s business and operational services.
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AP1 seeks real estate advice
SWEDEN - Första AP-Fonden (First Swedish National Pension Fund AP1) has announced it is looking to appoint investment managers as part of its new international real estate strategy.
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IVSB appoints its first chair
UK/GLOBAL – Chris Thorne, technical head of valuation at property consultants Atisreal, has been appointed the chairman of a new International Valuation Standards Board (IVSB).
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CBRE reveals new face in Poland
POLAND – CB Richard Ellis Group Inc. (CBRE) has appointed Charles Wardroper as the managing director of its business in Poland.
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Aberdeen sells Belgian real estate operation
BELGIUM - BNP Paribas Real Estate Property Management has announced it is acquiring Aberdeen Property Investors Belgium.
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ING REIM to cut UK jobs
UK - ING Real Estate Investment Management (ING REIM) has announced up to one-fifth of its staff in the United Kingdom face redundancy following a costs review by the firm.
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Prupim arrival to make derivatives push
GLOBAL – Will Robson, property research analyst at Prupim, has been promoted to property derivatives director to help drive its focus and tap market opportunities.
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Domestic markets to see renewed focus
UK – The number of foreign investors investing in UK property is likely to drop in the short-term as the economic turmoil has made investors more cautious and selective, according to experts at the latest IPD/IPF Property Conference.
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CBRE trains its eye on Middle East
ASIA - CB Richard Ellis (CBRE) has revealed it is opening an office in Bahrain as part of the development of the company’s Middle Eastern business.
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Shake-up at ING RE Canada
CANADA - ING Real Estate announced is making significant management changes to its Canadian subsidiary and losing five members of its senior team.
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North Yorks awards ING global property mandate
UK – North Yorkshire County Council has agreed to appoint ING Real Estate as global property manager for its £1.07bn (€1.26bn) local government pension fund.
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Power call for property researchers
GLOBAL - Property researchers should be given greater decision-making powers and must work more closely with risk management, according to Jose Luis Pellicer from ING Wholesale.
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Grosvenor reviews its business priorities
EUROPE- Grosvenor is planning to concentrate on developing its fund management business in continental Europe.
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Aviva signs new real estate finance chief
UK – Aviva Investors has announced the appointment of Marcus Shepherd as the company’s new real estate finance director.
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Prologis loses chief and halts new developments
GLOBAL – ProLogis, the world’s largest logistics developer, has announced the resignation of chief executive officer Jeffrey Schwartz at a time when the company is halting further developments.
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Tennessee Consolidated extends manager relations
UNITED STATES - Tennessee Consolidated Retirement System is beefing up the range of separate account real estate managers it invests with.
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CalSTRS to stick with changing First Industrial
UNITED STATES - California State Teachers Retirement System anticipates its relationship with First Industrial Realty Trust will not be affected by a major change in the firm’s upper management.
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Apollo plans a rebrand
GLOBAL – Apollo Real Estate Advisors, the global firm with $11.6bn of equity commitments to investments worldwide, is changing its name to AREA Property Partners from the beginning of next year.
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Townsend retains its job in San Diego
UNITED STATES - San Diego City Employees’ Retirement System has chosen to retain The Townsend Group remain as its real estate consultant.