WHISPERS: August 18, 2008

By Editorial staff

August 18, 2008

TIAA-CREF Asset Management has opened an office in London, its first international office. The new location will be staffed by local investment professionals who will extend TIAA-CREF Global Real Estate's activities in the U.K. and Europe to broaden the firm's access to new value-add and long-term investment opportunities. 'This office will strengthen and enhance our global real estate platform in the United Kingdom and Europe, which will help us to continue to grow and actively manage our real estate investment portfolio in these markets and beyond,' said Tom Garbutt, managing director and head of TIAA-CREF Global Real Estate.

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