Investors

The executive has left the Bavarian pension fund group after more than 21 years overseeing its real estate investment activities.

In contrast to H1 2024, all but one institution type decreased their exposure to the asset class during the first half of the year.

The Abu Dhabi sovereign wealth fund hired Daniel Fletcher, an investment professional from Toronto-based DREAM, to lead its North American property business.

The majority of the equity raised will be used for growth capital as the fund seeks to acquire more assets on Australia’s east coast.

Sovereign wealth funds’ total allocation to real estate has declined for the third year running, Invesco’s latest research finds.

The region has remained the top global real estate destination over the past 10 years, despite a series of recent shocks.

Despite being buffeted by multiple crises over the last decade, the European real estate market was characterized by growing scale and specialization.

The role played by the region and its domestic institutions on the global private real estate stage has grown meaningfully over the past decade.

The Alberta-based pension investor, in the middle of a leadership shakeup and portfolio rebalancing, saw real estate drag on its returns last year.

The managing director of real estate has departed the London-based firm after a three-year tenure.