Asia-Pacific

A real estate strategy centered on the swift deployment of capital by trusted partners is becoming an important part of Korea’s National Pension Service’s bid to meet substantial future liabilities, global head Scott Kim tells PERE.

The push to hire or recruit women into top-level roles in private real estate comes with a multitude of challenges, not least of which is the lack of senior females in the industry.

Starwood now expects less troubled deal flow to emerge in the non-performing-loan space from the current pandemic crisis than it did before. But that should not worry investors which committed to its latest ‘distressed’ fund.

The Miami Beach-based private investment firm will be the third private real estate manager to amass double-digit billions for a single property fund.

The Singapore-based manager’s incoming C-REIT will offer a conduit for international managers wanting access to Chinese capital.

The Australian firm previously invested its own balance sheet capital in the higher-risk, higher-return strategy for more than 10 years.

Goodwin Gaw, chairman and founder of the firm, explained the strategy behind Gateway Strategic Acquisitions during a PERE Global Passport Deep Dive.

Large pools of capital have been raised for distressed strategies, but thanks to government support schemes, finding a home for it is proving a challenge.

Attracted by long-term income returns, investors are increasingly looking at growing markets for purpose-built rental housing.