Asia-Pacific

PIMCO: Traditional RE strategies ‘insufficient’ in today’s market

In its latest sector outlook, the asset manager advises investors to forego broad allocations and take a more targeted approach.

Clifton Partners closes niche debut fund

The close represents a major milestone for Zain Fancy and his firm Clifton Partners, which was founded in 2011.

Harrison Street adds Hines, Nomura execs to investor relations team 

Penny Christy will lead investor services globally and Atsushi Sumitomo will court Japanese investors

Australia’s Future Fund to invest directly in RE without external managers for first time

The decision will ‘increase flexibility’ and help secure best value for money, said chair Greg Combet.

Pro-invest partners with Kajima for Australian BTR platform

The two firms will launch a JV to invest around A$500m in the short term, potentially rising to A$1.5bn over the next few years.

Hong Kong’s Link launches debut fund

This fund launch represents a key milestone in Link’s broader strategy to transform into a prominent third-party capital manager.

Mitsubishi Estate acquires majority stake in Patron Capital

After receiving more than 60 approaches to buy the business, founder Keith Breslauer has agreed to a deal to sell a majority stake.

Japanese investors: US real estate still reigns, but Europe gains

At the PERE Tokyo Forum, property investors in the country say America remains their top choice despite some policy concerns.

JPMorgan AM’s Asia RE veteran to depart after 14 years

Johnson has been the portfolio manager for JPMorgan AM’s Asia real estate strategy, the Japan Multifamily Fund series.

LA pension takes new look at global real estate opportunities

Global opportunities in logistics and data centers were highlighted for Southern California LP with $33bn in assets during optimistic review of rebounding RE assets