Swf

New Mexico SIC to boost real estate exposure with $5bn commitment plan

The US wealth fund also seeks to increase its non-core allocation, targeting industrial and multifamily.

The long, slow road to performance recovery

The industry is grappling with another round of ‘challenged vintages’ as the asset class marks seven consecutive quarters of negative results.

Aquilius leads A$200m recap for Australia’s Serenitas

Serenitas co-founder GIC exited its stake in the land lease community operator to Mirvac and PEP last year for A$1.01bn.

NBIM’s $28bn real estate portfolio in four charts

PERE’s analysis reveals the largest allocations by sector, geography and partner for the world’s largest sovereign fund.

ADIC expands Korean logistics exposure with LaSalle

Third logistics deal for investor-manager partnership comes on the back of strong interest in South Korea from Middle Eastern investors.

Henley IM launches third US car wash fund

The London firm now counts a sovereign fund among investors in the series, for which it also uses social media marketing to raise capital.

DOWNLOAD: Investor allocations in H1 2024 fell short of projections

However, the average allocation to private real estate across all institutions rose from 6.9% in H1 2022 to 8% in H1 2024.

GIC moves climate risk up the real estate priority list

Chief executive Lim Chow Kiat said climate impacts must now be one of the key factors to consider when assessing potential investments.

Hospitality steals the show as recovery gets underway

The growth of leisure travel is fueling the rebound of the global hospitality sector across all segments.

Macquarie targets distress, decarbonization with new fund

The asset manager raised 60% of the commitments for its latest opportunistic real estate vehicle from new investors.