Eugenia Jimenez
The Hong Kong-based manager bought Hangzhou's Euro America Financial City Tower 6 from local developer Jiangong Real Estate in a deal agreed at the end of 2019.
Investor interest in alternative real estate sectors in particular is expected to increase in the aftermath of the crisis.
The joint venture’s first acquisition, made through a newly-created Dutch residential investment strategy, was completed during covid-19’s lockdown period.
The US real estate manager aims to invest the vehicle’s capital in distressed opportunities over the next three years.
Real estate investors believe logistics will perform well through the covid-19 crisis, and sector specialists expect debt providers to remain supportive.
The Houston-based real estate investment manager is seeking to double its assets in the region in five years with a major push in urban logistics.
The consultancy used its latest Financing Property presentation to argue the pandemic is putting greater emphasis on sustainability in real estate finance.
The sector giant invested £264m in the London-based REIT after its shares fell in a deal which extended a strategy of taking positions in discounted listed property businesses.
The real estate arm of the German insurer recently secured its first third-party fund investor for its vehicle focusing on the strategy.
Growing pressure on Europe’s banks due to the pandemic could hinder their ability to continue lending into commercial real estate at pre-virus levels.