Asia-Pacific

Political uncertainty has led to redirected capital flows and decisions being put on hold.

The firm has hired two capital market veterans from Harrison Street and Argo Infrastructure to lead the fundraising effort in EMEA and APAC.

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 pre-eminent state investor’s latest moves in PBSA and single-family rentals are setting the stage for a notable resurgence in international outlays by the country’s institutions.

The latest commitment by NPS’s real estate platform team will see the two firms expand their relationship beyond student housing and into other Asia-Pacific markets.

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

The 16-year GIC real estate veteran will replace Gallistel, who is joining CBRE IM as the co-chief executive.

The industry’s largest funds used to consistently buck industry trends. That is increasingly not the case.