Pension Fund

Four key data risks with AI in real estate

Working with very large datasets can create efficiencies but also raise multiple concerns for real estate owners.

‘Brown discounts’ are emerging in real estate, but they are patchy

The overall picture for assets without a clear path to decarbonization is complex and unclear, managers said on a PERE Network webinar.

PIMCO closes CRED II amid sustained appetite for US debt

The Newport Beach-based manager has closed its second property credit fund on $3bn, more than double the size of its predecessor.

European investors take a tumble on the GI 100

As many as 25 European institutions descended in this year’s GI 100 ranking, notably more than those in other regions.

The PERE GI 100 edges up

PERE’s 2023 ranking of institutional investors by equity invested in private real estate has grown, but more slowly, in another sign of the times.

POBA shows rare optimism in real estate among its peers

The investor will shift its focus to equity opportunities in 2024 from real estate debt and public market investments this year.

Harrison Street reaches $2bn mark with Fund IX

The Chicago-based manager’s latest equity haul for its ninth US opportunistic vehicle comes three months after an initial close in June.

Germany teeters on the edge of significant distress

Historical trading activity and higher-than-average investor allocations have brewed a ‘perfect storm’ in the country’s real estate market.

GPIF’s LinkedIn message is difficult to ignore

Resorting to social media demonstrates the world’s largest pension fund’s struggles to find someone to meet its real estate aspirations.

India’s real estate market is garnering more interest from investors

One such group is CapitaLand, which is seeking to double its AUM in the country over the next three years and accelerate its growth further.