KKR

The firm, which is among a select few managers raising dedicated hospitality funds in the region, is eyeing additional vehicles targeting the multifamily sector.

Two UK take-privates failed to take off this week, leaving big-name private equity firms facing an increasingly competitive market for listed buying opportunities in real estate.

The pension is weighing one of its largest real estate deployments to date as part of an ongoing push for geographic diversification.

Outsized equity targets, and more time spent trying to reach them, contributed to a shakeup in the top echelons of PERE’s annual rankings.

Contrary to popular belief, a significant majority of commercial real estate buildings have a future life, says Jacob Loftus, founder and CEO of General Projects.

While Japan remains a dominant draw for institutional investors, South Korea has also attracted growing interest.

China is one of the insurer's 'biggest growth markets,' but the investor is exercising caution as it looks to time the recovery, said head of real estate Kian-Sin Toh.

The two businesses – which together account for $157bn of AUM – will comprise the firm’s newly created real assets platform.