-80x80.jpg "Alpaca launches real estate investment arm")
The New York-based proptech firm has hired two executives from Ares and Prospect Ridge to lead the new platform.
The mismatch between buyer and seller expectations is most pronounced in the office sector, writes Tom Leahy, head of EMEA real assets research at MSCI.
The investor will shift its focus to equity opportunities in 2024 from real estate debt and public market investments this year.
The Nordics-focused manager has appointed a senior construction executive to lead its next phase of growth, says founder Leif Andersson.
The Chicago-based manager’s latest equity haul for its ninth US opportunistic vehicle comes three months after an initial close in June.
The investor first began building a core portfolio in Europe and Australia and now looks to expand into non-core strategies.
The Chicago-based firm’s top sustainability executive said managers have not fully assessed the threats affecting their portfolios.
The Northern Europe-focused manager has raised €75m for the value-add vehicle’s first round of fundraising.
Home sizes, commutes and cultural factors will determine which global office markets survive and which suffer says Tony Brown, global head of real estate at M&G Real Estate.
Changes in investor appetite, tightening budgets and optimizing efficiency were among the big themes discussed at the conference in Seoul this week.