Office

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.

The Canadian pension fund says the rebrand will enable ‘a single identity’ across investment teams as it internalizes its $55bn property arm.

Strong market conditions and lower risk make it an opportune time to invest in the asset class, said the firm’s CEO.

The Japanese pension is shifting from “cautiously“ to “steadily“ developing its real estate allocation, director Yoshitaka Todoroki said at the PERE Tokyo Forum.

Oxford Properties and CPP Investments had co-owned the portfolio that includes the building on a 50-50 basis, until Oxford agreed to buy out CPP’s stake for $1.1bn.

Christina Gaw is determined to make Gaw Capital Partners’ relationship with Gulf markets about more than fundraising.

The pension is weighing one of its largest real estate deployments to date as part of an ongoing push for geographic diversification.

The unsettled global situation has undermined the optimism surrounding UK real estate at the beginning of the year, but roundtable participants say the market’s comparative stability remains its strength.

North American investors accounted for more than half of the capital raised, while the remainder came from Asia and the Middle East.

ESR will remain Cromwell’s largest shareholder, retaining a 19.9% shareholding, after selling 10.8% in a block trade.