Christie Ou
The US firm's Asia team has grown more than threefold since 2020.
PERE’s latest investor report prompts the notion that more investors should be dialing up their exposure to the asset class while the market resets.
Average allocations rose across institution types during the first-half, and not just because of the denominator effect.
The investor expects to shift its international exposure from 30% of its property portfolio currently to 50% over the long term.
As the firm sees an 'exciting' opportunity to diversify geographically, CLI also looks to build a pan-Asia credit platform.
The investor added at least 23 new funds in 2022, including GLP Europe Income Partners III and Invesco US Real Estate Fund VI.
The Singapore-based firm has expanded into third-party management in infrastructure, with more fundraises planned for later this year.
Half the fund has been deployed into office investments including Cross Street Exchange in Singapore and 44 Market Street in Sydney.
The investment banking giant's real estate platform now has a sole global head, along with new heads of EMEA and Asia-Pacific.
The Tishman Speyer and Raffles partnership marks a rare alliance between a real estate manager and a multi-family office.