Winners announced for the 15th IPD European Property Investment Awards (EU)

IPD last night presented the winners of its European Property Investment Awards during the gala dinner reception at its 15th European Property Investment Conference.

The annual awards, presented by IPD’s Peter Hobbs and Laurent Ternisien, recognized regional European funds that outperformed during the three years to December 2012. Speaking at the awards ceremony in Lisbon, Hobbs said, “These awards represent the pinnacle of achievement for portfolio performance across a range of markets – the winners have outperformed their peers, sometimes by a significant margin across a large number of portfolios, over not just one or two, but over three years. It is clearly exceptionally difficult to deliver such outperformance over that timescale, so the portfolio managers and their teams deserve many congratulations for such achievements”.

Determined by IPD’s standardized performance measurement procedures, the awards recognize independently verified investment performance by pension and life funds, pooled funds, property investment companies and other professionally managed real estate portfolios across Europe.

To be eligible for the annual awards, all funds were measured by IPD’s Portfolio Analysis Service, which provides investors with an independent audit of returns against a relevant market or sector benchmark. The awards identify consistently measured real estate investment performance in European regions across two categories:

Balanced: highest total return relative to the IPD All Property benchmark annualized over 3 years to December 2012

Specialist: highest total return relative to the IPD sector benchmark annualized over 3 years to December 2012


CEE Fund Awards

Balanced Fund Fund: IMMOFINANZ CEE Portfolio Fund Manager: IMMOFINANZ GROUP

Specialist Fund Fund: Pradera Central & Eastern Fund Fund Manager: Pradera

France Fund Awards

Balanced Fund Fund: Caisse Centrale de Réassurance Fund Manager: Caisse Centrale de Réassurance

Germany Fund Awards

Balanced Fund Fund: grundbesitz Europa Fund Manager: RREEF Investment GmbH

Specialist Portfolio Portfolio: alstria office REIT-AG Company Name: alstria office REIT-AG

Iberia Funds Award

Balanced Fund Fund: CA Património Crescente Fund Manager: Square Asset Management SGFII, SA

Specialist Fund Fund: Fundo ImoSocial Fund Manager: Selecta SGFII, SA

Ireland Funds Awards

Balanced Fund Fund: State Street Global Advisors Exempt Property Unit Trust Fund Manager: State Street Global Advisors Ireland Limited

Specialist Fund Fund: Irish Property Unit Trust (IPUT) Fund Manager: Irish Property Unit Trust

Italy Fund Awards

Balanced Fund Fund: Eracle Fund Manager: Generali Immobiliare Italia SGR

Specialist Fund Fund: Etrusco Distribuzione Fund Manager: Fabrica Immobiliare SGR

Netherlands Fund Awards

Balanced Fund Fund: Airport Real Estate Basisfonds C.V. Fund Manager: Schiphol Real Estate

Specialist Fund Fund: Bouwinvest Dutch Institutional Office Fund NV Fund Manager: Bouwinvest BV

Scandinavia Fund Awards

Balanced Fund Fund: Rom Eiendom IPD Portfolio No 3808 Fund Manager: Rom Eiendom AS

Specialist Fund Fund: KIRKBI Invest A/S Fund Manager: KIRKBI A/S

Switzerland Fund Awards

Balanced Fund Fund: Allianz Berner Pensionskasse Fund Manager: Allianz Suisse Immobilien AG

Specialist Fund Fund: Anlagestiftung Turidomus Casareal Fund Manager: Pensimo Management AG

UK Fund Awards

Balanced Fund Fund: South Yorkshire Pensions Authority Fund Fund Manager: South Yorkshire Pensions Authority

Specialist Fund Fund: X-Leisure Fund Fund Manager: The X-Leisure Unit Trust

Source: IPD

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