Capital controls in China were a key factor causing an overwhelming drop in Chinese outbound investment in Asia Pacific in the first quarter, research by CBRE has shown.
The pension system will award a five-year contract to its next consultant, with proposals due June 1.
Industry executives are scrutinizing the new administration’s policies in key areas like border taxes and government-sponsored enterprises.
The Texas-based pension fund has worked with the team that founded Alignium since 2009.
More than half of all institutions plan to deploy more than $1bn of capital in the Americas this year, according to the firm’s annual survey.
Managing directors Matilde Attolico and Zeynep Fetvaci are understood to be joining the Chicago-headquartered property services giant’s capital markets team.
In both the US and Asia, the investment consultancy cautioned against core property.
More than 6,400 votes were cast in PEI’s annual awards, recognising the firms, deals and advisors that shaped the industry in 2016.
Chinese capital curbs show no signs of slowing the long-term trend of investing overseas, panelists at the PERE Asia Summit said.
.jpg "ANREV: Korean investors flock to RE debt")
A survey revealed that 88% of investors and fund managers polled at a recent conference in Korea plan to invest in real estate debt over the next 12-18 months and 60% have expressed an interest in mezzanine loans.