Europe

The Dutch pension investor has continued to make dispositions after its selling activity reached a five-year high last year.

PERE’s latest investor report prompts the notion that more investors should be dialing up their exposure to the asset class while the market resets.

As deputy CEO and global CIO Kiran Patel prepares to retire, the London-based manager is dividing his duties into two different roles.

Average allocations rose across institution types during the first-half, and not just because of the denominator effect.

The investor expects to shift its international exposure from 30% of its property portfolio currently to 50% over the long term.

With a target of €1.5bn, the vehicle is the third-largest Europe-focused fundraise announced this year.

KKR global real estate head Ralph Rosenberg expects capital constraints to also cause pain for owners outside of the office sector.

The Wall Street titan’s real estate investment management business remains on course to transition from balance sheet investing to third-party capital management despite headlines about departures and earnings, say real estate bosses James Garman and Jeff Fine.

WeWork’s potential demise is a thorn in the side for a sector grappling with an image problem, but the reality is less concerning.

Matthew McDonald has been appointed to lead the London-based manager after Kevin Aitchison moves to rival Savills Investment Management.