Managers

Hines has won two global awards for its trend-defining mandate with South Korea’s NPS, while Blackstone takes home several wins for executing 2020’s largest private real estate transaction.

Blackstone has swept the region’s awards, bagging six wins, including Firm of the Year, Industry Figure of the Year, Deal of the Year and Capital Raise of the Year.

The New York asset management giant’s latest Asia property fund attracted $1.175bn in equity commitments, beating its original $1bn fundraising target. The raise is the first in the series to beat its target since 2008.

Prashant Tewari, partner and member of the investment committee at the Cleveland-based firm, says prime office is a top priority despite sector uncertainty.

The pandemic helped to facilitate the New York-based firm’s foray into the niche real estate sector after a long search for the right entry point.

The real estate investment manager raised initial equity from long-term investors PGGM, Allianz Real Estate and Crédit Agricole Assurances.

Firms owned by minority groups deliver stronger returns than their general peers because of where they focus their investments, according to GCM Grosvenor.

The firm’s new head of global listed real assets believes certain office REITs could still generate 10-15% IRRs over the next several years.

Debt providers are seeking exposure to a sector thriving in the covid-era.

Driven by higher investor and tenant expectations, the ESG agenda in logistics real estate is now moving from policy to practice.