The investment management arm of New York’s Related Companies has hired its first head of international capital markets.
The London-based residential specialist previously raised a Germany-focused fund after the global financial crisis.
The New York-based firm has received backing from a sovereign wealth fund to establish a platform investing in middle market managers.
The Canadian investor will manage the 29 assets it owns in China via its teams in Singapore, Mumbai and Sydney.
Where cities are built on century-old planning theory, they will soon become economically unviable, says Robert Rackind, global head of real estate for Credit Suisse Asset Management.
The investor is actively looking for real estate debt and distressed investment opportunities arising from current market conditions.
The single-family rental specialist has hired its first chief growth officer to boost institutional partnerships.
Co-CEOs Deborah Harmon and Alex Gilbert said more than half the capital for the fund came from new investors, including Asian and Middle Eastern sovereign wealth funds.
With Florentia Village Guangzhou Outlet Mall, the Hong Kong-based private equity real estate firm is betting on post-pandemic retail growth.
Although capital flows are tightening across most of the globe, ESR’s Jeffrey Perlman explains this will be less the case in Asia-Pacific.