Regions

The London-based manager has hired Tyler Rothenberg as a managing director on its US team, which has nearly doubled in headcount since 2024.

The property has undergone five rebrandings and was refurbished in August 2019, reopening under the Hyatt brand.

The pension fund with $8bn in real estate holdings plans to continue selling office assets and limit its REIT exposure while prioritizing industrial and retail.

The Norwegian wealth fund’s venture with Charlotte-based Asana Partners follows last month’s investment in US shopping center owner ECHO Realty.

Only one of the pension giant’s property co-heads will now lead the business, ending a dual-leadership structure introduced in December 2024.

A deep slowdown in construction activity is creating an imbalance between limited supply and budding demand.

Institutional investors are increasingly focused on sectors that require active management, according to James Jacobs, head of real assets for Lazard’s private capital advisory group.

The past three months have seen a spike in deals as investors target dominant malls and open-air centers. PERE Deals examines the blockbuster transactions driving the market’s latest upswing.

Limited new supply and necessity-led demand are reshaping the investment case for retail real estate.

Values remain below their peak, but margins are compressing again as consumers weather shocks and the e-commerce outlook darkens.