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Last year, Kames, which has £51.7bn under management, was given a £85m mandate by the Kelda Group Pension Plan.The Coca-Cola Enterprises Pension Scheme awarded Kames a £32m indirect property mandate from its £750m Coca-Cola Enterprises Pension Scheme, as well as £19m of equity for investment.The mandate was transferred from CBRE Global Multi-Manager last July.Mark Bunney, Kames’s head of indirect property, told IPE sister publication IP Real Estate the UK secondary market had been active for some time, as a consequence of renewed appetite for real estate.He said: “Prices have increased in the last 12 months, moving the market from a discount to NAV to, in some cases, a premium to NAV. That reflects the increased demand for property.”He said Kames had used the secondary property to invest a “large cash allocation” for a previous client, making a substantial saving compared with a full offer on the primary market.Kames’s indirect property team of Bunney, Matt Day and Tony Yu joined the business in 2012 from ING REIM, taken over by CBRE GI in 2011. Kames Capital has been awarded two indirect property mandates worth £153m (€194m).The Aegon subsidiary declined to reveal who awarded them.A corporate pension fund, it said, awarded it a £103m mandate, while a university pension scheme awarded a £50m mandate.The former is fully invested.
JS Ineos Invention, the final of eight Dragon Class vessels ordered from China’s shipyards by Danish shipping company Evergas, has been delivered to its charterer INEOS.Back in 2013, Evergas ordered four identical vessels from the Sinopacific Offshore & Engineering shipyard in Qidong, China. The order was further expanded to eight vessels.Six ships from the batch were built at Sinopacific, while the remaining two, namely, JS Ineos Invention and its sister vessel JS Ineos Intuition, were constructed at Jiangsu New Yangzijiang shipyard in China.The carriers are purpose built for the transportation of ethane, although they can carry a wide range of petrochemical gasses and LPG.Each of the eight ships is 180 meters long and 27 meters wide, with a draft of approximately 9 meters.“With the delivery of … JS Ineos Invention to INEOS earlier this week, the first milestone of the project has been completed and all vessels are now in full operation and transporting Ethane from the US to Europe,” Evergas said.
Loading… read also:Why Setien is still keeping Barcelona job Setien stepped down after Barcelona suffered a humiliating defeat at the hands of Bayern Munich in the Champion’s League quarter-final, losing with the eye-watering score of 8-2. It was the first time that the team had conceded eight goals since 1946. Setien became Barca’s head coach in January 2020, signing a contract to 30 June 2022. FacebookTwitterWhatsAppEmail分享 President of the FC Barcelona club, Josep Maria Bartomeu, confirmed to Tiempo de Juego on Sunday that Enrique Setien had resigned as Barca’s head coach. According to Guardian journalist Fabrizio Romano; Ronald Koeman, Mauricio Pochettino and Xavi are candidates for the position. The tweet reads: “Bartomeu to @victor_nahe: “Setién is out.” The President has left the meeting with Abidal and Planes at the club offices”.Advertisement
Kariusâ€™ blunders were the culmination of an evening that started brightly for Liverpool but turned sour after start player Mohammed Salah came off injured after 30 minutes. In retrospect, Cristiano Ronaldoâ€™s withering stare at Salah in the tunnel moments before kick-off was perhaps, a sign of things to come as the Egyptian came off worse in a tussle with Madrid captain, Sergio Ramos.Salah seemed to suffer a serious shoulder injury that puts his World Cup participation in doubt, after Ramos landed awkwardly â€“ if not cynically â€“ on him, as they both fell to the turf. With Liverpoolâ€™s most potent attacking weapon out of the game, Madrid took control of proceedings and ramped up the pressure on their English opponents.Despite being pegged back by a Sadio Mane equalizer from a corner kick in the 55th minute, Madridâ€™s exceptional quality and strength in depth came to the fore as Bale, who came to Madrid for a world record fee and also scored in the 2014 final win over Atletico Madrid â€“ stunned Liverpool with what will surely go down as the best goal in Champions League history.French forward Karim Benzema had put Madrid ahead in the 51st minute by sticking out a leg as Liverpool’s German keeper Karius attempted to throw the ball to a team mate, sending it trickling over the line, but Sadio Mane levelled from close range for Juergen Klopp’s side.Bale then sealed Madrid’s record-extending 13th European Cup win and piled more misery on Karius with a long-range strike in the 83rd minute which went straight through the hands of the hapless goalkeeper.It was a night which confirmed Real’s ability to superbly manage the biggest of games and highlighted Liverpool’s continued problems with the goalkeeping position as well as an overreliance on Salah.Real become the first side since Bayern Munich in 1976 to win the trophy three years in a row and Zinedine Zidane is the first coach to win three back-to-back titles. For Liverpool manager Juergen Klopp this was a sixth successive loss in a final, including a 2013 Champions League loss to Bayern Munich while Borussia Dortmund coach.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram By Demola OjoGareth Bale came off the bench to help Real Madrid win an historic third Champions League in a night full of drama in Kiev. Bale scored a magnificent overhead kick in the 64rd minute to put Madrid 2-1 up three minutes after coming on as a substitute, before blasting a ball through Liverpool goalkeeper Lorius Karius from outside the box for Madridâ€™s third and final goal in the 83rd.In truth, the German keeper should have done much better with the shot instead of fumbling it into his net and it was his second costly error of the game after allowing Madridâ€™s French striker, Karim Benzema intercept his roll-out pass for the first goal of the game in the 51st minute.