Hans Poulsen
Asian buyers accounted for 45% of all cross-border real estate investment in the 12 months ending June 2018, according to data published by Cushman & Wakefield.
The retail-focused asset manager has continued to expand into new sectors by acquiring a nine-property portfolio in Italy.
In fundraising terms, South Korea remains a relative minnow in the Asia-Pacific market. So far, in H1 2018, only two funds – AEW Value Investors Asia III and La Salle Asia Opportunity V – include the country as target market.
Fundraising for Australia and New Zealand-focused funds reached a five-year high in 2017, with 12 funds collectively raising $1.77bn, according to PERE data.
Majority of the Singaporean firm’s real estate investments are in Singapore and China, but the firm is now planning to increase its share of investments outside Asia.
In 2017, three funds targeted the region, collectively raising $2.1bn. In H1 2018, only AEW Value Investors Asia III has so far focused on the area, closing on $1.12bn.
Tadasu Matsuo, head of alternative investments at Japan Post Insurance, told delegates at PERE’s Japan conference about the investor’s ambitious overseas investment plans.
The Wars Sawa Junior retail center in the middle of Warsaw has seen the Polish capital move from Iron Curtain to open economy.
Denmark’s biggest pension fund manager PFA is on a worldwide assault. Real estate head Michael Bruhn talks to PERE.
OMERS’ Oxford Properties has thrown a wrench into Blackstone’s plans to acquire the listed office landlord in Australia.