NREI_INSTITUTIONAL OUTLOOK_ Penton Media May 11, 2009 If you want to view this on the web go to: http://enews.penton.com/enews/nrei/v/694 ONLINE EXCLUSIVE --German Investors Set to Take Control of Troubled Victory Park Project in Dallas By Ben Johnson Once touted as a landmark case study in urban regeneration, the financially troubled Victory Park mixed-use project in Dallas is in the final stages of reverting back to its German-based institutional backers. Hillwood, a Fort Worth-based development firm run by Ross Perot Jr., is negotiating to cede control of the developed portions of the project to US Treuhand, an organizer of German closed-end funds based in Hamburg. To view the full article go to: http://nreionline.com/finance/news/german_investors_victory_park_0511/ --Investors, Developers Divided on Investment Outlook for '09 Staff report Commercial real estate investors and developers appear divided as to whether they will increase or reduce their overall investment activity this year compared to last, according to a recent survey by real estate services firm Jones Lang LaSalle. While slightly less than a third (30%) of those surveyed predict a drop of zero to 30% in their investment spending, more than a third (37%) of respondents say their investment activity will increase by 30% over last year. The Chicago-based company, which conducts cross-sector surveys each spring and fall, questioned property owners and representatives of development and professional services firms and consultants who attended the Urban Land Institute's Spring Council Forum in Atlanta. To view the full article go to: http://nreionline.com/finance/news/lasalle_survey_upswing_investment_0511/ --CalPERS Seeks Annual Board Elections for Hospitality Properties Trust Staff report The California Public Employees' Retirement System (CalPERS) is seeking shareowner support for a proposal asking that all directors of Hospitality Properties Trust (NYSE: HPT) be elected annually. Proposal No. 3, a nonbinding shareowner resolution at the May 15 annual meeting, asks HPT to eliminate its declassified board, which staggers the election of directors who each serve three-year terms. The current classified board structure allows shareowners to only vote on a portion of the board at any given time, making it difficult for them to hold directors accountable for company performance. 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LEVY PODCAST Commercial Real Estate: Every Thorn Has Its Rose (http://nreionline.com/jblevypodcast/) Listen as John Levy discusses several ways that developers can secure financing in the current tumultuous economic environment. ---------------------------------------- ---------------------------------------- Annual Green Building Interactive Resource Center For the third consecutive year, the editors of National Real Estate Investor, Retail Traffic and Lodging Hospitality have teamed up to present their annual Green Building Interactive Resource Center -- publishing in November. Includes a comprehensive directory of green product and service suppliers in more than 40 categories. Get listed. mailto:marianne.rivera@penton.com ---------------------------------------- ABOUT THIS NEWSLETTER Do you have editorial comments or ideas regarding NREI Institutional e-newletter? 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