News & Analysis

UBS, GCM Grosvenor and Abrdn have committed £145m across two funds managed by Matter Real Estate for its Placefirst housing business.

The pension fund will favor non-core investments and existing managers in its allocation plan for the asset class in 2025.

The two businesses – which together account for $157bn of AUM – will comprise the firm’s newly created real assets platform.

Led by the LOGOS co-founder and three other executives, the firm is looking to corral the equity across four funds in Vietnam and India.

For the first time, no Chinese locations appeared among property investors’ top 10 cities in CBRE’s Asia-Pacific investor intentions survey. ANREV’s own recent poll indicates a similar sentiment.

The Chicago-based manager closed the US-focused vehicle after just 12 months on the road.

The UK firm has offloaded a 25% stake in a mixed-used portfolio amid efforts to ‘be more active’ in capital raising.

The industrial manager expects rent and occupancy growth this year despite concerns over trade and immigration policy.

The managers have become co-owners of a UK logistics portfolio, which they aim to scale.

The manager is targeting sub-institutional deals in five US markets.