Indie-rock outfit MGMT has announced their first batch of 2019 tour dates which are set to take them across the U.S. this spring. The band continues to promote their latest studio album, 2018’s Little Dark Age, which arrived last February via Columbia Records.The rock band’s 16-date spring run of shows is scheduled to begin on May 2nd in Oakland, and continues throughout the month before wrapping with a trio of shows at New York City’s Webster Hall on May 22nd-24th as part of the venue’s long-awaited reopening in 2019. Some of the stops along their month-long concert tour include shows at the Rialto Theatre in Tucson, AZ (5/5); The Criterion in Oklahoma City, OK (5/8); Masonic Auditorium in Cleveland, OH (5/11); Fillmore Detroit in Detroit, MI (5/13); 20 Monroe Live in Grand Rapids, MI (5/15); Stage AE in Pittsburgh, PA (5/16); and even a hometown show at the College Street Music Hall in New Haven, CT (5/17), just to name a few. The band is also slated to appear at Just Like Heaven Fest in Long Beach, CA on May 3rd & 4th.MGMT had spent much of 2018 on the road in promotion of their latest studio album as well. They were the main act selected to help open New York City’s Sony Hall on March 27th of last year.Fan presale for the upcoming concert run begins tomorrow (Wednesday) February 27th, with general on-sale beginning this Friday, March 1st. Fans can head over to the tour page on the band’s website for more info and tickets when they become available.MGMT Spring 2019 Tour DatesMay 2 – Oakland, CA – Fox TheatreMay 3 – Long Beach, CA – Just Like Heaven FestMay 4 – Long Beach, CA – Just Like Heaven FestMay 5 – Tucson, AZ – Rialto TheatreMay 7 – Houston, TX – White Oak Music HallMay 8 – Oklahoma City, OK – The CriterionMay 9 – Kansas City, MO – Uptown TheatreMay 11 – Cleveland, OH – Masonic AuditoriumMay 12 – Columbus, OH – Express Live!May 13 – Detroit, MI – Fillmore DetroitMay 15 – Grand Rapids, MI – 20 Monroe LiveMay 16 – Pittsburgh, PA – Stage AEMay 17 – New Haven, CT – College Street Music HallMay 22-24 – New York, NY – Webster HallView All Spring Tour Dates
As previously reported in November last year, Peter Morris, director of pensions at GMPF, told IPE sister publication IP Real Estate the fund did not possess the internal resources to increase the value of the pension fund’s property assets and the size of its holdings.The GMPF’s tender came with a requirement that an external manager have at least £3bn of UK property assets under management.LaSalle said it currently manages around £10bn in the UK.GMPF’s seven-year contract ncludes a four-year framework agreement with CBRE and DTZ, in effect making them ’back up’ managers.As previously reported, the mandate had an option to extend by five years and comes with triennial fee reviews.According to the pension fund’s 2013 annual report, property made up approximately 6-7% of its £12.6bn portfolio, with a benchmark allocation to the asset class of 10%.LaSalle, which has $50bn (€38bn) of assets under management, said it would initially target UK properties worth up to £75m on behalf of the fund.Councillor Kieran Quinn, Tameside Council leader and GMPF chair, said: “This is a significant mandate that can rise up to £1bn, and we hope LaSalle can make a significant long-term contribution for the fund’s returns.” The Greater Manchester Pension Fund is outsourcing its UK property portfolio to LaSalle Investment Management.The £750m (€944m) mandate will see LaSalle manage existing GMPF properties as well as invest in new properties in the UK.The mandate could increase to £1bn.The pension fund decided to outsource its domestic real estate portfolio last year.