Inflation

Cap rates have increased sharply in both Europe and the US. But logistics experts argue that strong fundamentals will support a return of investment activity later in the year.

Hideto Yamada, the $1.3trn pension’s real estate head, told delegates at PERE’s Tokyo conference how lower performance is likely in today’s inflation-led environment.

Private real estate is overlooking long-term opportunities amid near-term concerns, warned speakers at last week’s PERE Global Passport event.

The strategy's appeal becomes clear in a volatile macroeconomic environment, according to James Jacobs, head of real estate for Lazard’s private capital advisory group.

The Hong Kong-based firm is building more cost contingencies into its underwriting to reflect the uncertain macroeconomic environment.

Property investors are backing away from development as the energy crisis and rising interest rates exacerbate cost increases.

On performance alone, real estate offers institutions more reasons for optimism than concern during volatile times.

Brookfield gets closer to latest mega-fund target, PERE adds SWF data to H1 investor report, Alaska Permanent Fund backs multifamily REIT in JV, and more in today's briefing, exclusively for our valued subscribers.

The Charlotte, North Carolina-based firm’s vehicle is one of nine inaugural offerings that raised a total of $1.82bn this year.

The partnership is focused primarily on lending in the residential sector, which has seen the withdrawal of major Australian banks.