PEI Staff

The €80bn German pension powerhouse has turned its attention back to the region after increasing its mandate with Finnish fund manager CapMan by €100m. 

The American investor has named a replacement for Alexia Gottschalch.

US asset manager Ares Management has just completed €725m of exits in Europe but real estate head Bill Benjamin insists the firm has appetite to keep investing in the region.

Planned allocations to the hotel sector have almost doubled, while mainstream favorites such as office, retail and residential have fallen out of favor, say institutional investors surveyed by Universal-Investment

James Lim has been appointed as chief executive of newly-created CapitaLand Investment Management, PERE has learned from a source familiar with the situation.  

 The New York-based firm held a first close after four months.

The Korean insurer wants to put $50m to work via funds in European property markets.  

As chairman of the Asia-focused industry body, Lim, said he wants to build a bridge between established Western markets and Asia’s emerging real estate opportunities.  

EQT’s fifth and latest acquisition for the fund is the purchase of two office assets in Frankfurt.

The report, compiled by Colliers International, predicts a ‘photo finish’ between the two markets by the time H2 figures are released at the end of the year.