Sectors

Arizona pension makes another cut to its real estate allocation target 

The state retirement system is trimming its target to 15%, down from 20% in 2022, as one trustee expresses a lack of comfort with the asset class.

Blackstone’s Meghji: Evolving to outperform

Performance and growth across the real estate industry has been driven by continued evolution across asset types, geographies and capital sources, writes Nadeem Meghji, global co-head of Blackstone Real Estate.

PIMCO: Traditional RE strategies ‘insufficient’ in today’s market

In its latest sector outlook, the asset manager advises investors to forego broad allocations and take a more targeted approach.

Blackstone’s Seppala: Europe’s importance has grown significantly

The manager’s head of real estate for Europe reflects on the growth of international interest in the region as exemplified by the commitments to and deployment of its latest mega-fund.

PIMCO extends data center fundraise as investor roster grows

Having already exceeded its $1bn target size for the Europe-focused fund, total commitments could double on final closing later this year.

Starwood eyes final close for Fund XIII by Q1 2026

The Miami Beach-based manager has deployed 30% of the fund’s capital raised to date, including in the take-private of a UK REIT last year.

LA pension takes new look at global real estate opportunities

Global opportunities in logistics and data centers were highlighted for Southern California LP with $33bn in assets during optimistic review of rebounding RE assets

GRESB: Data centers need their own sustainability benchmark

As data centers grow in scale and strategic importance, investors face rising pressure to evaluate their environmental and social impacts through sector-specific, comparable metrics, according to Chris Pyke, chief innovation officer, GRESB.

Harrison Street’s 10th flagship fund hits $1bn within one month

The fund’s target sectors include data centers and student housing.

USS backs £10bn Blackstone UK data center, eyes European expansion

The UK’s largest pension scheme says the risk-adjusted return opportunity from data center developments is currently more appealing than stabilized assets.