Regions

US real estate investors look to allocate more capital overseas

The country’s deglobalization push is causing groups like CalSTRS and CalPERS to consider globalizing their property portfolios.

LACERS scales back RE pacing amid tariff uncertainty

The California pension is eyeing opportunities with emerging managers and a foray into secondaries as it recalibrates its investment plans.

Mesirow raises $1.25bn fund targeting US apartments

The Chicago-based firm’s fifth and largest fund to date came in over-subscribed, with 72% of capital committed by returning investors.

JPMorgan AM creates new global real estate head role

The firm looks to unify and streamline its operations across different markets with the new appointment.

‘A jumbo jet in turbulent skies’: How Brookfield raised $16bn and counting

The PERE Podcast delves into the fundraise shaping up to be Brookfield Asset Management’s largest to date in real estate, and where the manager is actively deploying.

TPG Next’s Pavkov: ‘We are acutely worse off as allocators’

The bleak fundraising environment has made it much more challenging for CalPERS’ and CalSTRS’ allocators to support new platforms.

CalPERS, CalSTRS executives address real estate rebalancing  

CalPERS looks to be ‘more tactical’ with office investments, while CalSTRS is ‘slowing down’ its pacing but expects opportunities from distress.

Brookfield’s Baron: The pressure on investors has eased

After Brookfield held an institutional close on what is set to be its largest-ever real estate fund, the firm’s CIO for real estate sees investors growing in confidence as transactions tick up.

The US is starting to lose its luster for real estate investors

Tariffs are driving investors away from the world’s largest property market – which has been a boon for managers targeting other regions.

Private real estate sees ‘bifurcation’ in compensation growth

While some professionals received increased pay and bonuses according to the annual compensation study by PERE and executive recruiter Sousou Partners, others saw an even more ‘brutal’ 2024 than the year before.