UK unveils plans to boost residential, confirms REIT change
UK – Altered definition to allow REITs to invest in rival property funds.
Pension funds for German doctors join forces in development deal
GERMANY – Versorgungswerke acquire €218m Stadthöfe project in Hamburg.
Telefónica rethinks illiquid alternatives over ageing membership
SPAIN – Pension fund opts for exposure to alternative beta strategies over illiquid holdings.
UK insurance industry commits £25bn to domestic infrastructure
UK – NAPF confirms final negotiations underway for manager to oversee infrastructure fund.
PensionDanmark to buy 49% stake in UK wind farms
EUROPE – Deal comes as part of infrastructure strategy targeting inflation-linked returns.
Norwegian oil fund buys stake in Regent Street building
EUROPE – Government Pension Fund Global buys 25% stake in Quadrant 3 from Crown Estate.
Danish pension funds join forces for push into alternatives
DENMARK – New collaboration enters alternative-credit agreement with Goldman Sachs.
Universities Superannuation Scheme expands stake in Sydney rail line
GLOBAL – USS buys nearly 50% stake from local infrastructure fund for undisclosed sum.
APG targets London housing via shopping mall overhaul
EUROPE – Joint venture with Delancey to turn Elephant & Castle centre into homes for rent.
Norwegian oil fund acquires German office building with AXA RE
EUROPE – Government Pension Fund Global invests in third property in Germany
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