Pension Fund

The commitment to the strategy comes amid a boom in demand for US homes, both from renters and investors, during the pandemic.

The president of the Canadian pension investor said increased competition and bidding wars have caused his investment team to focus on smaller deals.

The slow return to offices and the divergent preferences of different tenant groups took center stage at the 2021 PERE America Forum.

The topic is top of mind for the region’s investors and has raised concerns that property markets abroad may have become too expensive.

Korea’s National Pension Service has appointed its real estate platform’s head of North America as acting global head following predecessor Scott Kim’s recommendation.

The Korean pension is giving the New York manager a mandate to invest in several strategies, including $500m for “market shifts and technology disruptions.”

Germany’s largest public pension group has forged a partnership with the New York-based private markets investment firm to diversify its property portfolio.

The joint venture between the Canadian pension plan and the London-based firm will be one of the largest-ever partnerships in the sector in Europe.

The head of the Korean state pension’s real estate team is leaving after six years in the role and has made a recommendation for his successor.

The Toronto-headquartered firm has followed its US entry earlier this year with the launch of a European partnership with the New Zealand Superannuation Fund expected to start with a €427m recapitalization deal.