Office

Kayne Anderson raises $2.5bn for Fund VII, on track to beat target

The Los Angeles-based firm is targeting a net IRR of 15-18% for its seventh flagship opportunistic fund, which has a $3bn target.

Connecticut Retirement considers boosting real estate pacing plan

The increase would come after CRPTF fell short of its non-core commitment target in 2025.

Los Angeles Water and Power discusses impact of rent regulation

Real estate assets do not tend to fare well under affordability policies, consultant StepStone told the investor last week.

PSP, La Caisse explore recalibration of property portfolios  

The two Maple 8 investors are turning a more analytic eye toward real estate investments to drive higher returns, attendees heard at the PERE America Forum.

Macro uncertainty fuels doubt over real estate’s competitiveness

During a webinar launching PwC and ULI’s latest report on European real estate, panelists debated where the best value can be found.

Japan’s GPIF taps BGO for domestic real estate push

The commitment marks the second time the pension giant has partnered with a foreign manager to invest directly in Japan’s real estate market.

Alte Börse, Munich: Former stock exchange building welcomes new owner after 18 years

Peakside Capital Advisors intends to hold the 127-year-old Neo-Baroque-style property for the long term on behalf of a pension fund client.

APG’s Asia real estate boss to depart

Graeme Torre’s successor Brian Hung has led the team’s entry into a number of new strategies in Korea and Australia over the past 12 years.

Cain International: Hospitality’s journey from opulence to experience

Cain’s Eric Poretsky discusses how a generation of wealth is reshaping the high-end hospitality sector.

Managers have a ‘short memory’ when it comes to office

Panelists at the Yale Real Estate and NYU Schack Women in Real Estate conferences question optimistic underwriting among office buyers.