Sectors

PIMCO’s Trausch: Real estate’s ‘fight for relevance’ in age of AI

In its latest sector outlook, the manager said a key consideration for an asset is its capacity to host ‘the tenants of the future.’

NBIM outsources management of London and Paris office holdings

The move to partner with Stanhope comes as the sovereign wealth fund aims to boost returns by working with sector specialists.

Australia’s Rest eyes US property in private markets ramp-up

Private markets head Marina Pasika on why the superfund avoids ‘bucketing’ its portfolio by asset class and how its thematic view extends to unlisted real estate.

Ohio Teachers to focus on income-producing assets as it repositions portfolio

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.

Value-add strategies move into the spotlight

Capital raised for value-add funds has surged amid a scarcity of blockbuster fund closures or launches in the opportunistic space.

Newport Capital Partners on the resurgence of everyday essential retail

Capital is once again returning to the retail sector in a big way, say Newport Capital Partners’ Derrick McGavic and Josh Kagan.

Partners Group on navigating the ‘complex middle’ of bespoke mid-market secondaries

Real estate secondaries has come of age in a higher-rate world, but investors need to do more than price illiquidity to gain an edge, say Henrik Orrbeck and Stefan Lempen at Partners Group.

Public REITs’ balancing act

The new entrants have closed some of the largest private real estate funds this year, but can they serve two disparate investor groups?

Mississippi PERS sees early recovery from core managers’ rebalancing

Although the firms all leaned more heavily into niche strategies, they diverged on how to recalibrate their office exposures going forward.

PSP reports $1.5bn real estate loss amid shift toward infra

The Canadian pension cited residential oversupply and domestic immigration policy as contributors to the portfolio’s -7.3% return in fiscal 2026.