Japanese public pension plan, Chikyoren, has hired UBS Asset Management to invest in overseas real estate after releasing an RFP last July.
The global asset management platform of UK insurer Aviva becomes the second UK insurer since Monday to suspend trading citing ‘extraordinary market circumstances’ following the Brexit decision.
The Edinburgh-based asset management arm of insurance giant Standard Life blamed “exceptional market circumstances” for the decision which comes a week after the firm wrote down the value of the fund by 5% following the result of Britain’s EU referendum.
We’re taking the temperature of LPs, GPs and service providers to find out what’s expected to happen following the UK’s vote to leave the EU.
The percentage of institutions actively looking to add new relationships has soared from just 30% last year.
Investors may miss out on this investment opportunity by focusing solely on luxury housing, a new report said.
But the asset class is most likely to see a reduction among the minority of investors planning to decrease their allocations to alternatives.
The Los Angeles-based real estate investment manager purchased the iconic tower on behalf of Korean clients.
A poll of investors, developers and advisors by London-based law firm Nabarro finds that 63 percent of respondents think the UK’s departure from the European Union (EU) would hit the real estate industry hard.
The New York-based real assets placement and advisory firm has promoted Carrie Coulson following the recent departure of Gentry Hoit.