Middle East

A declining pound splits debate on the UK’s attractiveness

While a 25% currency discount is a lure for some international bargain hunters, the institutional attitude has remained largely circumspect.

Steering real estate investment through an uncertain Europe

After a ‘wait-and-see’ period, political division and conflict in the region are set to drive capital westwards.

Covid impact is over for private real estate compensation

Wage inflation for juniors and a return to growth for seniors are among the key takeaways of this year’s compensation report conducted by PERE and executive recruiter Sousou Partners.

ADIA, Greystar form £2.2bn UK rental housing joint venture

This is the second large-scale partnership between the Middle Eastern sovereign wealth fund and South Carolina-based real estate firm in Europe.

ADIA’s condition is not black and white

Senior departures and less visible asset sales have distracted from thematic investments made via indirect channels.

ADIA plots strategic pivot as outside noise escalates

The United Arab Emirates’ pre-eminent sovereign wealth fund wants to demonstrate control of its real estate department. Outsiders are not seeing it.

Does it matter that sovereign money wants back in?

State investors are looking to make a comeback in private real estate, according to a new Invesco report. But when they were away, others made hay.

ADIA loses head of Americas RE amid a wave of senior departures

The Middle Eastern sovereign wealth fund is left with no permanent global head of real estate or regional heads of real estate.

StepStone joins ranks of largest RE secondaries fundraisers

StepStone Real Estate Partners IV, which has been in market since April last year, raised twice as much as its predecessor to invest in complex secondaries deals.

Net leases are becoming real estate’s bond replacement

As retail and office sectors trend toward volatility, the steady returns of sale-and-leaseback strategies are becoming attractive fixed-income substitutes.