Pension Fund

Inflation fears are back but mitigating forces should not be underestimated, says Jose Luis Pellicer, head of investment strategy and research at M&G Real Estate.

PERE hears from an investor in each major region about what real estate debt means to their respective organization.

The Dutch pension fund manager has committed close to $700m in the region’s data center platforms since the second quarter of 2020.

QuadReal was able to avoid the paralysis of the investment market during the pandemic by focusing on build-to-core strategies. This has enabled CEO Dennis Lopez to stay on target in making the British Columbian pension system a global force in private real estate.

Although the strategy is not front of mind for most investors, a new type of manager-led deal is set to attract more institutional capital.

The property type represents 18% of the pension’s real estate portfolio and contributed to its 0% net return through Q3 2020.

Executives from Bouwinvest, APG Asset Management and RCLCO discuss how institutional investors are hitting real estate’s biggest moving target.

Consultant RCLCO told the $280bn pension it should consider increasing leverage, value-add strategies and construction in anticipation of a market reset.

The stable returns of core real estate are in greater demand than ever. But the primary vehicles for delivering them are in the middle of a slow transition.

Dig deeper into how investors are operating in the market with our new analysis of investor activity.