Pension Fund

The public-private divide is getting more nuanced

Core investors are looking beyond a simple public vs private choice, selecting structures based on the role vehicles need to play in the real estate portfolio.

Hongkong Land on how APAC gateway cities are the shining star for global real estate

Asia-Pacific’s leading premium integrated commercial properties located in the region’s gateway CBDs are supported by structural supply constraints and resilient occupier demand, says Hongkong Land’s Michael Smith.

Oxford Properties’ Plesman: ‘We expect interest in core to strengthen’

The president and CEO of OMERS’ property business expects appetite for private real estate’s lowest risk and return profile to come back as another cycle forms.

StepStone Real Estate on addressing the great valuation divide

As redemption queues linger, investors with dry powder are capitalizing on repriced assets, explain StepStone Real Estate’s Margaret McKnight, Jennifer Jones and Andrew Mitro.

ESR on building core logistics real estate that endures

Rising construction costs, limited supply of prime space and growing rents are helping logistics outperform other income-focused real estate strategies across Asia-Pacific, says ESR’s Phil Pearce.

Canada’s CPP pledges €600m to two European opportunity funds

The Toronto-based pension revealed over €1bn in previously undisclosed real estate commitments since July, including sizable checks to managers Aermont and Azora.

Raith Capital closes largest-ever fund on back of strong DPI

The New York-based manager has focused on investments with shorter hold periods in order to return capital more quickly to investors.

NJDOI’s Khan: Real estate pacing continues despite executive departures

The CIO of one of the largest US public pensions says he feels no pressure to quickly fill multiple senior vacancies.

Cohen & Steers scores pension backing for fund mixing listed and private real estate

The New York-based manager has raised $279m a year after launching the vehicle, which seeks to outperform the ODCE Index with tactical allocations to specialist REITs.

BpfBOUW furthers €2bn impact ambition with Dutch housing mandate

The pension fund will invest €500m with manager Bouwinvest in sustainably built affordable housing.