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While US life sciences markets cool, Europe’s policy support, talent inflows and stable demand create a resilient investment landscape, says Olafur Margeirsson, head of real estate, research and strategy, EMEA ex-DACH, at UBS.

The pension partnership has received £430m of fresh capital into the fund, with up to £500m more expected next year, according to head of UK real estate Alistair Smith.

The Juneau-based pension is also looking to form new core/core-plus partnerships as its consultant calls a market bottom.

The firm’s regional real estate activity over the past 12 months was more than treble its average in prior years.

The Sydney-headquartered manager beat a A$250m target for its first fund and has already deployed 50% of the capital raised.

The firm’s current COO for real estate in Europe will be relocating to Singapore to assume Miyasaki’s role as head of acquisitions for Asia.

The superannuation fund has shifted into active gear after not ‘investing as much in property in the last two to three years,’ says Damian Graham.

The California pension with nearly $370bn in assets is building allocations to industrial and multifamily and curtailing office exposure to match policy targets.

The PERE Podcast highlights the outcast sector’s renewed momentum in New York, London and beyond, featuring Savills research director Oliver Salmon.

20 Exchange Place in New York this year secured a $30m equity infusion from UBS to modernize the tower.