Sectors

PIMCO Prime Real Estate on how understanding micro-locations drives real estate value

Generating alpha in today’s market means rolling up your sleeves and focusing on local considerations, says PIMCO Prime Real Estate’s Donato Saponara.

Redevco on how high-street assets need reprogramming

From retail monuments to mixed-use hubs, Europe’s high streets are not in decline but may be constrained by outdated formats, says Redevco’s Séverine Maumy.

Private real estate assesses sectors being reshaped by AI disruption

From offices to student housing and healthcare, AI’s advance is changing the outlook for various property sectors.

BNP Paribas’ Scemama: ‘You can’t treat the capital differently’

As the dust settles on BNP Paribas’ acquisition of AXA IM, Isabelle Scemama says aligning different types of capital is a priority for the group’s recently merged alternatives business.

CalPERS sees higher real estate returns after allocation shift

The California pension giant has shifted more capital to non-core real estate strategies over the past two years.

CBRE IM raises $2.1bn for its seventh Asia value-add fund

The vehicle received commitments from 15 limited partners globally, including The State Pension Fund of Finland, LACERA and NZ Super.

ADIA commits up to $500m to Dignari Capital in private credit push

The Middle Eastern sovereign wealth fund has formed a separately managed account with the Hong Kong-based firm.

Fortress launches 1031 real estate exchange platform

The initiative marks the New York-based firm’s push into raising and deploying private wealth capital in core-plus real estate.

HSBC Life plans return to real estate via value-add funds

The $120bn AUM insurer aims to diversify its US-heavy, core-focused property portfolio, with an eye on Asian assets, said its CIO.

BlackRock’s MacDonald takes cautious stance on Japan

The asset manager looks to smaller investments that can be exited quickly as BoJ’s rate normalization complicates longer-term plans.