Europe

The vehicle, which will build a portfolio of retail parks across the UK and Europe, has closed in a ‘one-and-done’ raise anchored by the multi-manager.

While the investor keeps its allocation to real estate, it will alter its investments within the asset class.

The European manager’s unification of the two real estate strategies comes after the launch of the parent platform two years ago.

PERE’s investor ranking sees its first-ever aggregate decline in property exposure as macroeconomic factors continue to weigh on values and sentiment.

For the first time on record, PERE’s global investor ranking contends with a decline in aggregate allocation to private real estate.

While US life sciences markets cool, Europe’s policy support, talent inflows and stable demand create a resilient investment landscape, says Olafur Margeirsson, head of real estate, research and strategy, EMEA ex-DACH, at UBS.

The gold rush is under way, but sluggish improvement of necessary power infrastructure is impeding development.

Amid a global surge, occupiers are seeking more quality space than the sector can build, even when land and power are available, reports JC Russell.

The Korean pension fund’s head of real estate said the investor is seeking to evolve from a ‘market chaser’ to a ‘market changer.’

Projections of occupier demand propel cities with established defense industries notably higher up LaSalle’s European Cities Growth Index.