Industrial

Managers CBRE and BlackRock were among the biggest beneficiaries as the public pension spread its bets across sectors in its busiest half year on record.

The Los Angeles-based manager and Canadian pension’s joint venture includes a 5.2m square-foot seed portfolio and plans for more acquisitions.

Much of the institutional investment community is wary of defense tenancies, but in Europe they are not automatically incompatible with ESG frameworks, writes Tobias Kassner, head of research at GARBE Industrial.

The California-based manager has raised both its largest fund and co-investment vehicle with Whitman Peterson Partners V.

Investors demand substantially more compensation for taking liquidity risk in office markets than they do in industrial, writes Tom Leahy, head of EMEA real assets research at MSCI.

While office has long been the favored sector in India, rapid economic growth is driving significant flows into other asset classes.

The platform bypasses managers such as Blackstone and Brookfield in favor of smaller, specialized firms for wealthy client portfolios.

Ares’ latest Japan fund spent a year in market and is the third-biggest private real estate fund to reach a final close this year.

The 10 largest funds accounted for 43 percent of capital raised for closed-end private real estate vehicles in the first half of 2026, more than double 2021’s share.

Leveraging the global real estate footprint of its principal client bpfBOUW, the Dutch firm is for the first time offering international mandates to other institutions.