Regions

Nancy Lashine and John Sweeney, managing partners at capital advisory firm Park Madison Partners, discuss why inflation will be a friend to bricks and mortar, and other reasons for increased institutional allocations next year.

Sarah Schwarzschild, co-head and managing director of BentallGreenOak’s Strategic Capital Partners group, sees the market hitting $10bn in the near term.

Healthy buildings are now a vital part of investors’ ESG and value-creation strategies, and demand is here to stay, says Joanna Frank, president and chief executive of the Center for Active Design.

The Toronto-based firm has attracted $4bn in commitments from more than 50 investors for Brookfield Real Estate Finance Fund VI, twice as much as the second-biggest debt fund.

Fund managers that rise to the challenge of linking compensation to ESG performance now are likely to reap the rewards in the medium to long term, says Sheffield Haworth’s director, infrastructure, private equity and asset management, Nicholas Sehmer.

Retrofitting existing assets to meet current ESG or tenant requirements will call for managers to raise new pools of capital.

With Carlyle’s $8bn fund joining the hunt for specialized real estate, competition for scalable platforms will be fierce after a wave of consolidations.

The private sector is moving forward with its own ESG initiatives and standards in the absence of clear political leadership and regulatory direction.

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

The university has 50% more exposure to the asset class than the average institution and does not plan to change that allocation.