News

Rates or Hormuz: Real estate managers are reshaping outlook on heels of central bank guidance

The PERE Podcast takes a look at the interest rate road ahead with LaSalle IM’s Brian Klinksiek as more potential for global real estate capital market strain builds on the back of central bank decision-making and economic pressures from the war in Iran.

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.

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.

Hines acquires UK logistics portfolio as part of mid-box strategy

The manager now owns eight similar assets in the UK through its core-plus HEPP fund.

Apollo to invest $1bn for 49% stake in new Realty Income retail venture

The investment in the long-term, net-lease portfolio aims to provide a fixed rate of return for Apollo.

Capital is diverging from traditional reallocation patterns

As liquidity gradually returns to private real estate, much of the proceeds are not flowing back to where they came from, PERE heard at MIPIM.

Inside MIPIM: Real estate focal points overshadowed by Iran crisis

In this episode of The PERE Podcast, the editorial team provide their top takeaways from the global trade show MIPIM. They also reflect on how delegates see the Iran crisis impacting the outlook for real estate capital flows.

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.

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.