Pension Fund

Private real estate assesses sectors being reshaped by AI disruption

From offices to student housing and healthcare, AI’s advance is changing the outlook for various property sectors.

CalPERS sees higher real estate returns after allocation shift

The California pension giant has shifted more capital to non-core real estate strategies over the past two years.

Investors still have room for decarbonization strategies

In raising $370m for its first global ‘brown-to-green’ real estate fund, LaSalle has proven there is no time like the present to put sustainability front and center.

NorthPoint Development closes its largest fund to date

The Kansas City-based industrial specialist sees a ‘generational buying opportunity’ from forced sellers for its seventh vehicle.

CBRE IM raises $2.1bn for its seventh Asia value-add fund

The vehicle received commitments from 15 limited partners globally, including The State Pension Fund of Finland, LACERA and NZ Super.

Rest Super backs Nuveen’s US Cities Retail Fund

The investor is one of three Australian superannuation funds that committed $330m to the vehicle’s latest round of fundraising.

GEPS to double real estate exposure over next five years

In a pivot away from single-asset investments, the South Korean pension plans to commit $250m to commingled funds in the next 12 months.

Investors weigh founding partner commitments to new funds

Leaders from APG, ADIA and ART all expressed a willingness to make cornerstone investments if the terms and alignment are right.

Iran war will have mostly ‘indirect implications’ for real estate

Delegates at the PERE Network Asia Summit worried primarily about the wider ripple effects of the Middle East conflict.