Home Core

core

Institutions chasing risk at the peak of the cycle

A key concern for institutional investors in 2019 is abundant capital in real estate driving down returns and adding more risk, according to the global placement advisory firm Probitas Partners.

LOGOS fully invests maiden $400m Indonesian logistics venture

The firm has invested in a total of four logistic development projects in Indonesia since it first entered the market two years ago.

POBA re-ups with CalSTRS amid push towards more RE partnerships

A year after making its first investment via joint venture partnerships in the US, the Korean pension is on the lookout for more co-investment deals in both the US and Japan.

Cashing in on China’s limited real estate buying window

There has been a surge in foreign investments in Chinese real estate in recent months, despite macro headwinds like the trade war.

Nuveen hires CPPIB, Guggenheim execs – Exclusive

The new recruits will lead the US Cities Office Fund and US Cities Industrial Fund, which will launch in late 2019.

How Korean investors priced WeWork risk in Dublin

Korean institutional investors have decided the co-working giant’s 20-year tenancy at Dublin’s Charlemont Exchange is worth another 70bps on the city’s prime yield average.

Bespoke open-ended funds offer control over diversification

These vehicles may not be the main core offering yet, but that might change if investors feel they can best control their asset-class exposure and exit timings through them.

AEW’s LOGISTIS fund is extended again following €750m raise – Exclusive

The Boston-headquartered manager has now collected €2.3bn in total equity for its long-standing pan-European vehicle.

RBC enters private real estate with $800m fund – Exclusive

The asset management arm of the Canadian Bank has launched its first product in the sector in partnership with BCI and its subsidiary QuadReal.

Asia’s core investors face more headwinds

Declining investing volumes in Japan demonstrate a further challenge for those with aspirations to build a lower risk and return portfolio in Asia.

Copyright PEI Media

Not for publication, email or dissemination