Investors

The topic is top of mind for the region’s investors and has raised concerns that property markets abroad may have become too expensive.

Korea’s National Pension Service has appointed its real estate platform’s head of North America as acting global head following predecessor Scott Kim’s recommendation.

The gap between target and actual allocations to the asset class is wider than ever, according to the firm’s annual investor survey.

The Korean pension is giving the New York manager a mandate to invest in several strategies, including $500m for “market shifts and technology disruptions.”

Two deals with EQT-Exeter valued at more than $10bn would see the sovereign wealth fund rebuild its exposure to real estate’s most prized asset class.

A warning by Aberdeen Standard Investment’s real assets boss Neil Slater was among the headline statements made by private real estate executives on a commercial real estate panel at the two-week climate change conference in Glasgow.

The new vehicle, formed with Japanese manager Samurai Capital, will focus on real estate assets with a social impact without having a lower return target.

Private real estate’s most-coveted accolades are back and with notable additions. Participants can now enter ESG and proptech categories as part of an enlarged offering.

Germany’s largest public pension group has forged a partnership with the New York-based private markets investment firm to diversify its property portfolio.

The joint venture between the Canadian pension plan and the London-based firm will be one of the largest-ever partnerships in the sector in Europe.