Investors

CalSTRS to reduce real estate pacing plan by 50% next year

At the same time, head of real estate Julie Donegan expects 2024 to be ‘a great vintage year to be investing in new transactions.’

GIC anchors Coima’s Italy-focused brown-to-green fund

The Singaporean sovereign wealth fund has committed €200m toward the Italian manager’s latest opportunistic vehicle.

Ivanhoé Cambridge, Bouwinvest roll out green incentives for managers

But one challenge of structuring carry agreements is progress against decarbonization targets is ‘hard to measure.’

Japan Post Bank’s real estate portfolio in five charts

The investor accelerated its investment pace in FY 2022 to capture the post-covid-19 opportunities before price recovery.

For many real estate investors, liquidity is ‘outside of our control’

Having capital to redeploy into new opportunities has been a major challenge for all types of institutions, delegates heard at PERE America.

Dutch investor MN lowers target commitments to the US

Faced with the denominator effect, the investor opted to row back its US commitment plans in order to avoid making redemptions in Europe.

PIMCO lines up $500m of exits as part of Asian rebalancing strategy

The Munich-based mega-manager is reducing its exposure to India and China to redeploy the proceeds into the region’s more developed markets.

Western investors are undeterred from rebalancing portfolios away from offices in Asia

Despite the more positive outlook for the sector at a pan-Asia level, organizations from the US and Europe are still taking opportunities to reduce their exposure to the region.

Managers look to Sweden as liquidity pressures mount

The concentration of bond financing issued by the country’s REITs makes it a target for potential acquisitions in the coming months.

Matter Real Estate gets UBS backing for core UK housing fund

The commitment from the real estate investment arm of the Swiss banking giant has been invested in portfolio company Placefirst.