Deals

La Caisse’s Horstmann: ‘We’re not shying away from the US’

The Quebec pension has committed $3.3bn to US real estate since the start of 2025 as it recycles its portfolio to aim for higher returns.

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.

What’s at stake for UK private real estate post-Starmer?

Managers consider how the transition to a new prime minister could affect the country’s property market – and its standing with global investors.

Aware Super makes debut commitment to student housing

The Australian super fund has pledged €426m to a venture that will also provide its first exposure to German real estate.

Kayne Anderson’s Rabil: ‘You either adjust or you die’

With the manager’s real estate arm set to be acquired by Bridgepoint in a $1.4bn deal, CEO Al Rabil says investors’ changing allocation habits are driving a need to scale.

Prologis launches $16.6bn hostile bid for rival UK REIT Segro

After Segro’s board ‘unequivocally’ rejected the US logistics giant’s offer on Tuesday, Prologis is taking its case directly to the firm’s shareholders.

Brookfield forms ground-lease JV with specialist Safehold

The manager acquired a non-controlling stake in a US portfolio assembled by public REIT Safehold, which has options to reacquire it after seven years.

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.

Brookfield forms C$1bn industrial JV with pension-owned developer

The firm partnered with Vancouver-based Concert Properties on a 50:50 venture involving a 5 million-square-foot Canadian logistics portfolio.

CPP Investments adds first dedicated hospitality strategy in Korea

The strategy builds on the Canadian firm’s recent hospitality investment in Japan.