Blueprint: Office woes drag investor returns and Asia funding shortfalls, CPPIB returns to marquee fund commitments with Blackstone, ex-CalPERS boss takes lead role at Prologis
Office headwinds keep heavyweight investors CDPQ and NBIM's real estate performance down; CPPIB performs a strategic U-turn and returns to cutting big checks to mega-funds, with a commitment to Blackstone's latest European opportunity fund; ex-CalPERS real estate boss Ted Eliopoulos bolsters the capital markets capabilities of the world's biggest logistics landlord; and more in today's briefing, exclusively for our valued subscribers.