Lastest people news 鈥� Page 62
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Mercer expands global real estate operations
UNITED STATES - Mercer Investment Consulting is expanding its real estate consulting operation to pension fund clients around the world.
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Illinois Municipal moves MS assets
UNITED STATES - Illinois Municipal Retirement Fund has become one of the first pension funds to transfer a separate account from Morgan Stanley Real Estate to another manager.
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Gellatly leaves BlackRock for new base
EUROPE 鈥� John Gellatly has left BlackRock as head of real estate fund of funds to join Aviva Investors鈥� global multi-manager team in Europe.
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JER loses another key player
GLOBAL - Michael Pralle has resigned as chief operating officer at real estate opportunity fund manager JER Partners after joining 18 months ago.
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ING REIM loses its head
GLOBAL - Robert Houston is stepping down as chief executive of ING Real Estate Investment Management in the summer.
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ING narrows focus in 'back to basics' shift
GLOBAL 鈥� ING, the Netherlands-headquartered banking and insurance group, is forming a single global investment management business and consolidating its operations to in future focus on retail banking and the retirement market.
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Townsend taps Europe through UK office
US/UK 鈥� Townsend Group, the North American institutional real estate adviser, has opened its first European office in London this week and appointed Adam Calman as head of Europe.
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Ohio Teachers searches for new consultant
US 鈥� Ohio鈥檚 State Teachers鈥� Retirement System (STRS) is searching for a new investment consultant after Russell Investment Group announced it did not plan to extend its contract beyond June 2009.
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Real estate has to go 'back to basics' 鈥� E&Y
US 鈥� Real estate companies face fiercer competition now than ever before and would benefit from adopting a 鈥渂ack to basics鈥� approach to emerge stronger from the financial crisis, according to Ernst & Young (E&Y).
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Invesco appoints new research heads
US - Invesco Real Estate is expanding its global reach with the appointment of Mark Roberts as global director of research and Mike Sobolik as regional director or research in North America.
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Merseyside reviews property adviser
UK - Merseyside Pension Fund has announced it is looking for a strategic property investment adviser for its 拢262m (鈧�278m) direct UK property portfolio.
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LaSalle signs Northern Europe head
EUROPE - LaSalle Investment Management has appointed Insa von J眉rgensonn as regional director and head of portfolio management for Northern Europe.
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State-owned Hypo touted as potential property lift
GERMANY 鈥� Experts claim Hypo Real Estate鈥檚 (HRE鈥檚) possible nationalisation could help boost the German property market.
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AEW Europe signs new CEO
EUROPE 鈥� AEW Europe has appointed Christian Delaire to replace Fran莽ois Pochard as chief executive officer and develop its real estate investment management business.
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Prupim signs new investment head
GLOBAL 鈥� Prupim, the real estate division of the UK life assurer Prudential plc, has appointed John Wythe as head of fund management.
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Cordea makes new international signing
GLOBAL 鈥� Cordea Savills, the international property fund manager, has appointed Michael Flynn as global head of its institutional business.
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Outflows hit Invista REIM鈥檚 results
UK 鈥� Invista Real Estate Investment Management suffered a 32% drop in revenue in 2008, according to preliminary results for the year.
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CalPERS signs real estate exec
US 鈥� The California Public Employees鈥� Retirement System (CalPERS) has appointed James Lasher as senior portfolio manager of its real estate housing portfolio.
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Axa keeps on growing real estate
SCANDINAVIA 鈥� AXA Real Estate Investment Management (AXA REIM) has increased its retail investments and expanded its team in the Nordic and Baltic regions.
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JLL shakes up Asia
ASIA 鈥� Jones Lang LaSalle (JLL) has announced a series of management changes in its Asian division.
