Coronavirus

The $310m first close for Slate Canadian Real Estate Opportunity Fund II consisted entirely of follow-on commitments from investors in the predecessor fund.

The platform will pursue opportunities arising from covid-related dislocation as part of Dream Unlimited, which sold a subsidiary to Blackstone last year.

If the walls of the Oceanwide Center could talk, they would confess to hoping, fingers crossed, that their current suitor will see through a deal to buy the complex.

Amid shelter-in-place orders and widespread economic uncertainty, private real estate has yet to see its worst-feared outcomes of the covid-19 pandemic. So far, most rents have been collected on time, tenant defaults have been fewer than expected, investment capital has remained accessible and the earliest hit markets in Asia have already shown signs of recovery. […]

Nordic managers discuss crucial early correspondences in PERE’s first virtual roundtable as the regional market begins to evaluate the impact of coronavirus.

Rent collection numbers are among the earliest indicators of how recent vintage funds may ultimately fare in light of the covid-19 pandemic.  

With commercial properties shuttered and daily life shifted online, data-centric real estate has thus found itself higher on investor wish-lists.

The investor believes the pandemic’s impact on its five Dutch sector portfolios this year will range from ‘severe’ on its Hotel Fund to ‘limited’ on its Residential Fund.

Evaporating hotel occupancy levels stemming from the coronavirus pandemic have forced the Singapore-based firm to revise its exit strategies for assets in its third and fourth opportunity funds.

The world’s property markets are watching the country’s doors re-open for indicators of life after coronavirus