Friday Letter

Off the back of a wave of positive market sentiment, the region has more to lose should the war continue to put pressure on the price of oil.

With the Iran conflict creating further uncertainty for private real estate executives, intensive diversification is becoming the answer.

The Middle East has become an investment hotspot for several of the world’s largest real estate managers, but exit avenues remain a sticking point for investors.

The steep stock market selloff last week compounds an already daunting challenge for property services firms to scale their investment managers.

Azora’s record-breaking fund is a notable beneficiary of more capital moving away from the US and toward Europe.

Underperformance by incumbents and a spotlight on specialized strategies are prompting more institutions to add to their rosters.

As its latest two property deals demonstrate, the Canadian pension is now full speed ahead with implementing its revamped strategy.

Fund managers have real reason to expect a rebound in 2026 if investors prove undaunted by the next black swan event.

With its Realty Income partnership, the $900bn sovereign wealth fund has teamed up with a listed firm looking to bridge both sides of the market.

Deployment in the market has hit record levels. But strong returns on those investments are far from a sure bet.