Property

West Midlands Pension Fund has acquired more central London office space after buying St Andrew's House in conjunction with ING Real Estate Investment Management for £25.2m.

Ealing Council's scheme has agreed to allocate 10% of its portfolio to UK commercial property for the first time, PP has learned.

Schemes will remain locked into safe but unspectacular UK commercial property returns until the end of 2011 due to worsening global market conditions, a report concludes.

Kingfisher has extended the asset-backed funding partnership with its pension scheme with the addition of two UK properties worth £119m.

The Great Ropemaker Partnership - 50% owned by the BP Pension Fund - is to buy two Central London properties for £132.75m with the intention to boost their values through active management.

Pension funds considering a move into the European property market should act with caution, Hatfield Philips International warns.

UK core real estate could be heading for an asset price bubble as investors burnt by the 2007 crash continue to retreat into conservative property investments, BlackRock warns.

Rental growth in London's Midtown office market outperformed both the City and West End last year, exceeding the UK office average by 5.6 percentage points, research shows.

Sebastian Cheek examines the reasons behind the explosion of interest in DC property funds

Just one in two people in the UK plan to fund their retirement through a pension, research shows.