Europe

As well as providing a significant boost to Partners’ direct real estate business, the merger of the two Swiss firms will add real estate credit to the manager’s offering.

Gaining significant exposure to real estate credit was also a key draw, according to global co-head of real estate Karim Habra.

The New York-based firm has tapped its president and GIC’s Americas real estate head for the top roles while parting ways with its current CIO.

Although part of a 183-year-old family business, the Dutch asset manager is the new kid on the block when it comes to third-party capital management.

Opportunities are emerging from troubled assets or owners, but they are not what the industry had anticipated.

Decarbonization is mission-critical for private real estate. But ESG professionals in the industry say they are too stressed and overworked to achieve meaningful change.

The London-based firm turned away approximately €200m in commitments for its second pan-European logistics-focused fund.

The firm has promoted Thorsten Slytå to the new position, which was established in response to growing demand for more direct investment.

With its partner funds around £850m underweight to UK real estate, the LGPS pool is poised to begin deploying from its latest vehicle, says head of real estate Alistair Smith.

Over the past several months, the world’s property markets have continued to move in an upward trajectory, says Rasheed Hassan, head of global cross border investment at Savills.