Managers

The venture is expected to significantly expand the South Korean investor’s real estate platform business, which was launched last year.

The London-based logistics manager has already doubled the capital raised for its previous European value-add vehicle in 2020.

The pension’s December commitments included $400m to a co-investment vehicle with Blue Owl and $75m to a new manager relationship.

Just $131.1bn was raised last year for private real estate funds, marking a third consecutive year of decline.

The Oslo-based manager picked up a 45% stake in a joint venture with Australian outfit Goodman, which will maintain its 55% ownership.

Heitman executive Blaise Keane offers insight on the macroeconomic factors and investment trends likely to impact self-storage and other alternative property types.

Favorable pricing and undersupply will help to bolster performance in real estate’s most maligned sectors, says global head of research Josh Scoville.

Economies and investors need more time to digest the aftermath of a year dominated by political elections, says BlackRock’s Simon Durkin.

CLI looks to grow its exposure in the US and Europe from the current 3% to 10-15% of its overall portfolio by 2028.

The firm’s head of real estate strategy expects the sector – previously hard hit by rate hikes – recovering faster than other asset classes.