Hamid Moghadam says the logistics real estate giant is now focusing on acquiring assets with higher-return potential.
The investor sees ‘a blurring of investment opportunity classification across the two asset classes,’ says head of mid-risk Jason Peasley.
The Boston-based manager’s Fund III is one of only four vehicles focused on the regional sector to have reached a final close in 2023.
Only through collective action will urgent change be achieved, delegates at the Urban Land Institute’s Copenhagen conference are told.
The London-based manager has held a first close on €60m and is aiming to raise €300m for a strategy that focuses on Greece and Italy.
More than 60% of respondents to an Urban Land Institute survey said concerns about the risks involved in decarbonizing assets have led to acquisitions not going ahead.
The Dallas-based manager raises €400m in a first close for its Invesco Real Estate – Europe Fund III.
Acquired in August by the Qatar Investment Authority, the Park Lane Hotel in New York was once embroiled in an embezzlement scandal.
In the event's opening panel, managers’ duty to decarbonize the real estate sector was brought into question. For some, protecting assets for a warmer climate is just as important.
One of the world’s largest real estate investors is spending big on AI for portfolio management. But what is the return on investment?