Christie Ou
The industrial real estate heavyweight plans to grow the Japan-focused fund’s AUM from $2.6bn to more than $10bn in the next several years.
Over 70% of larger institutions plan to raise or maintain their real estate allocation to the country in 2021, according to a new JLL report.
Following its expansion into Vietnam and South Korea, the firm is eyeing Thailand and Japan as the next destinations.
The acquisition, done in partnership with AEW and SDP, marks the sovereign wealth fund's third office deal in the Chinese capital in less than a year.
Kevin Colket, founder and CEO of the Global Hospitality Investment Group, says a second or third wave of covid-19 should be a risk that is underwritten when pricing for hotel acquisitions in the current market.
There are only ‘a handful’ of other real estate funds currently targeting the property sector in the region.
The UK-based asset manager is bullish on the market despite the fact the city has seen ongoing social unrest since June 2019.
The Munich-based insurer is closer to its aim of having 10% of its private real estate assets managed on behalf of external investors within the next five years.
The world’s third-largest sovereign wealth fund is now searching for a new global head of real estate after Arnold ended his two-year tenure in the role.
Real estate investment volumes dropped 34% year-on-year in the first quarter of 2020 as the region was affected earlier than the rest of the world by the pandemic