Europe

LaSalle’s global head of research and strategy Brian Klinksiek says those looking to buy in the sector are overlooking one important factor.

The local government pension scheme pool, with around £65bn of potential LGPS capital, is expanding its capabilities ahead of seven more funds joining its client base.

The vehicle’s $2.6bn final close came months before Brookfield agreed to buy the Los Angeles-based manager’s outstanding shares.

Among the hundreds of headlines we published this year, here are the articles that commanded the most attention from our readers.

The New York-based manager’s global head of real estate says the firm still expects to double its AUM in the asset class over the next five years, despite the shocking death of co-CEO and former co-real estate head Joshua Pack.

The fundraise, which more than doubled its original capital target, represents the largest ever real estate vehicle dedicated to European data centers.

Both the Abu Dhabi wealth fund and Barings’ parent MassMutual will contribute capital to a venture focused on US, Europe and Asia-Pacific debt opportunities.

A strategy shift by Norway’s $2trn wealth fund portends a broader appetite for indirect property investing among top allocators.

The world’s largest sovereign wealth fund will target platform and fund investments, as well as private residential strategies, for the first time.

Philippe Depoux, current chairman of the Paris-based manager, will retire at the end of the year.