Asia-Pacific

Troubles in the banking sector are expected to put further downward pressure on office pricing over the next two quarters, said appraisers.

Investors are still in the dark over real estate values, but there are several reasons why the industry may be back in business before long.

Institutional investors in real estate are showing increased interest in higher-returning strategies, says James Jacobs, head of real estate for Lazard’s private capital advisory group.

Jason Lee, the firm’s Asia CIO, will gradually take over leadership responsibilities from David Schaefer as part of the succession planning for AEW’s regional business.

Hong Kong’s ESR will evaluate the sale of its stakes in Cromwell and subscale REITs as it looks to redeploy capital into its core businesses.

Dexus’s and Collimate’s combined fund management platforms will include 39 vehicles across real estate and infrastructure.

The plan comes less than a year after DNE raised its first China-focused fund to target the sector.

While the emerging banking crisis split opinion, interest rates were a unanimous concern among delegates at this year’s MIPIM event.

The vehicle is the latest in Schroders Capital’s series of ‘semi-liquid funds’ aimed at ‘democratizing’ private assets.

PERE’s Investor Perspectives 2023 Study reveals how investors are adjusting their expectations following a tumultuous year in real estate.