Office

APG’s Kanters: ‘Offices are aging very fast’

The head of real assets at the Dutch investor says building valuations will take a hit unless owners are proactive in making their assets sustainable.

CSI hires former Macquarie exec to launch $800m debut fund

Pursuing a value-add strategy, the Hong Kong-based firm has exited 25 investments and generated a median IRR of over 40% since 2004.

Speyer: China is an ‘anchor to our global business’

Fresh off its biggest transaction ever, a sale and lease deal with TikTok’s parent company, Tishman Speyer’s president and CEO is ready for more in China.

CPPIB enters US life sciences sector with $1.2bn JV with Greystar

The long-standing partners’ latest partnership targets a sector that has quickly become a high-conviction investment choice for investors.

Post-covid appetite for offices plunges

The latest real estate institutional investor survey by placement agent Probitas Partners demonstrates tumbling appetite for office investments and competition fears.

CalPERS emerging manager raises first-time fund

San Francisco-based Rubicon Point Partners closed on $230m for the value-add vehicle, which targets the US office sector.

Jacobson: offices ‘won’t be a question of simply slashing rents’

Jeff Jacobson leaves LaSalle Investment Management with an office market facing an uncertain future.

An Australian skyscraper now in local hands

140 St Georges Terrace in Perth was acquired by a joint venture between asset management giant BlackRock and the city’s own Primewest

Blackstone fends off legal challenge to Milan office deal

Along with confirming the New York-based firm’s ownership of an iconic asset, the favorable ruling protects Italy’s viability as an investable market.

Post-covid worries take center stage at PERE Global

Ending government forbearance, inflation fears and heated marketplaces were top discussions items during PERE’s first all-virtual Global Summit.