Sectors

CPP Investments further reduced real estate holdings in FY 2024

The Canadian pension plan posted a 5% loss in the asset class, blaming the poor performance partly on rising interest rates.

Hot office debate: ‘Not a dirty word’ vs ‘no, no, no, no’

Industry executives agree on a positive outlook for US real estate, but not on whether the upswing will include the out-of-favor sector.

Hines: Developed Asian real estate prices have fallen 10%

But aggregate repricing in the region has been more limited than that of North America and Europe, according to a new report.

It is time to redefine the Class A office

Many assets considered top-tier in the sector are older and do not meet ESG expectations. That needs to change, says Craig McDonald, principal at Ardstone Capital UK.

TPG to step up real estate deployment with $15bn of dry powder

Included in the firm’s arsenal of capital is $2.5bn raised for two Asia real estate funds following its acquisition of Angelo Gordon.

For building conversion strategies, it is all about pricing

Most change-of-use projects are not economically viable, but falling prices, looming debt maturities and potential government assistance could change that.

DOWNLOAD: Q1 2024 fundraising remains at a 12-year low

With only $19.8bn raised, the first quarter of 2024 recorded the lowest Q1 fundraising amount since 2011 when $15.2bn was corralled.

CIM Group on driving returns beyond market trends

Charting a new path for returns means getting back to basics, says Jolly Singh, a principal of portfolio oversight at CIM Group.

Coima launches strategic partnership with Intesa via office deal

The firm’s chief executive Manfredi Catella is also looking to partner with other Italian institutions on a range of real estate initiatives.

Mounting distress will invigorate the real estate transaction market

The impact of rising rates on borrowers has yet to catalyze a wave of distressed sales. But there are signs they are coming.