Friday Letter

These are the days for cherry-picking assets

The need for liquidity in today’s challenging market is allowing buyers to acquire properties that were unattainable only a year ago.

Investors are still betting on real estate for the high-performance beta on offer

Japan’s GPIF is the latest institution to look to private real estate’s mega-managers for making proxy plays at any point in the cycle.

No time like the present for aspiring female founders

The current market downturn is an opportunity for women with a vision to access capital hungry for fresh perspectives.

HSBC’s Canary Wharf departure vindicates NPS’s decision to sell

But what NPS is doing in offices these days means the investor has by no means given up on the struggling sector.

Jon Gray’s introduction on LinkedIn has a wider message

The debut of Blackstone’s president on the professional social media site shines a spotlight on how the biggest managers are now communicating.

The real estate silo has become an outdated model

The original justification for Canadian pension plans having standalone property platforms no longer holds up today.

The Nordics is fast losing its ‘safe haven’ reputation

But some investors had reservations about the Nordics even before Sweden’s property market woes became headline news.

A carrot over stick approach is needed to boost multifamily investment

Australian incentives to spur BTR activity contrast with regulations limiting residential supply elsewhere.

Did anyone notice retail has reached a floor?

Headlines about other sectors have distracted many from mounting evidence the prospects of physical shopping space are improving.

TPG, Angelo Gordon can remain two separate parts of a whole

There are multiple reasons against the two firms’ real estate businesses consolidating after their merger closes later this year.