Swf

NBIM outsources management of London and Paris office holdings

The move to partner with Stanhope comes as the sovereign wealth fund aims to boost returns by working with sector specialists.

NBIM doubles down on US retail with $500m commitment

The Norwegian wealth fund’s venture with Charlotte-based Asana Partners follows last month’s investment in US shopping center owner ECHO Realty.

Public REITs’ balancing act

The new entrants have closed some of the largest private real estate funds this year, but can they serve two disparate investor groups?

NBIM and Canadian pensions back TPG in $2bn US retail deal

San Francisco-based TPG is acquiring grocery-anchored strip mall specialist ECHO Realty in partnership with Norwegian wealth fund NBIM and Canada’s PSP and La Caisse.

Mubadala names real estate chief Nordell as new infra head

Nordell has replaced Saed Arar, who had been with the UAE sovereign wealth fund for 20 years, effective from the beginning of May.

Japan’s Advantage eyes real estate to help double AUM

The Japanese buyout specialist, which expanded into the asset class last month, will focus on opportunities in corporate-owned real estate.

Berkshire Global: Real estate M&A sees a temporary changing of the guard

Non-alts buyers are stepping into the breach as large, publicly traded investment managers take a breather, according to Drew Murphy, partner and head of the private markets advisory practice at Berkshire Global Advisors.

Realty Income on wedding public and private capital

New capital sources are expanding the reach of net lease market strategies as demand grows for predictable returns, explains Realty Income’s Jonathan Pong.

Prologis and GIC launch $1.6bn build-to-suit venture

The partners have seeded the JV – the Singaporean fund’s second this year – with a 4.1m square-foot portfolio.

ADIA commits up to $500m to Dignari Capital in private credit push

The Middle Eastern sovereign wealth fund has formed a separately managed account with the Hong Kong-based firm.