Sectors

Investor appetite for prime assets is intensifying, but a stubborn bid-ask gap is challenging the notion that scarcity alone will command a premium, writes JC Russell.

The PERE roundtable assesses how political volatility, shifting capital flows and higher financing costs are changing the outlook for UK real estate – and where value can still be found.

Boosting returns and scale at the world’s largest sovereign wealth fund is no easy feat. But the property boss is up to the task.

Core real estate has become more challenging in a higher-rate environment, but today’s market offers one of the strongest buying opportunities for selective investors, say Manulife Investment Management’s Marc Feliciano and Maggie Coleman.

Australia’s population, stability and constrained supply continue to draw international capital, but success in today’s core market depends less on allocating to the right sectors and instead selecting the right assets, say Dexus’s Brad Collier and Andrew Jeffs.

The cost of waiting to future-proof real estate assets is rising as core and core-plus investors weigh energy-efficient retrofits against the risk of future obsolescence, writes Elisabeth Jeffries.

Alternative sectors have moved from niche allocations to mainstream portfolios as investors emphasize demand resilience and long-term demographics, say Christopher Merrill and Joey Lansing of Harrison Street Asset Management.

Investors are redefining risk and rethinking what belongs in a core portfolio across Europe, the Americas and Asia-Pacific.

Local conviction, specialist capabilities and the ‘APAC lag’ are essential for prioritizing asset-level alpha over scale, says BlackRock’s Hamish MacDonald.

Non-traditional property types are the future of core real estate investing, explains Kayne Anderson’s Kyle Mayes.