News & Analysis

The vehicle’s capital sources are split between Asian family offices and institutional investors that include the South Korean pension fund.

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 warehouse giant reported a record level of build-to-suit development starts and resilient leasing in Q2.

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

The manager has purchased two assets via its Spa Property Fund and is in advanced discussions for a third.

The South Carolina-based manager and top US apartment owner has brought in HarbourVest’s Stephen Mullin to lead appeals to family offices, RIAs.

Institutional appetite is gaining pace to allocate to sectors that have infrastructure characteristics, writes James Jacobs, head of real assets for Lazard’s private capital advisory group.

The mega-manager’s real estate and infra funds will partner with Pennsylvania utility company PPL and begin construction in the next three years.

The Boston-based manager closed its 10th diversified North American opportunistic vehicle on $1.77bn in commitments.

Investors want to participate in community development projects, rather than just turn over units, and they can easily discern between the two.