Harrison Connery

Two data center businesses are facing off in a legal battle over a shared name and target sector.

The pension fund could allocate $1.45bn to real estate funds over the coming decade.

Lower debt costs and a growing appetite for operationally intensive alternatives will drive merger activity.

Speakers at NYU Schack’s capital markets conference disagree on whether to hold or dispose of core assets. 

Opportunities are emerging from troubled assets or owners, but they are not what the industry had anticipated.

Sizable fund commitments from New York and Sacramento and positive noises from New Mexico and Austin are adding to indications of green shoots for the next cycle. 

NYSCRF’s recent pledges include $400m to a new partner targeting cold storage.

The emerging manager received a $100m anchor commitment from Texas TRS. 

Amid heightened economic and geopolitical uncertainty, firms are instead focusing on a bottoms-up approach in the asset class.

The median real estate manager could beat private equity returns by 20 basis points over the next decade, he said at PERE Network’s America Forum.