Institutional Real Estate Newsline
June 14, 2010: Vol. 18, Number 22Buy For $65.00 Add to Cart
M2 Recieves Building Permit For Shopping Center in Supernova Buzin
Austrian private developer M2 has received a building permit to develop a shopping and entertainment center in Supernova Buzin, its $300 million mixed mall, offices and hotel project in Zagreb, Croatia.
U.K. Pension Funds Plan to Increase Real Estate Exposure
More than one-third of U.K. pension funds with existing real estate investments are actively looking to increase their exposure, while a small number remain unsure about the asset class, according to a survey by Aberdeen Asset Management.
CalSTRS Approves New Real Estate Investment Policy
The $138 billion California State Teachers’ Retirement System (CalSTRS) has approved a new policy for its $12.7 billion real estate portfolio, including an increase in its core investments to 50 percent of the portfolio from 30 percent.