Sectors

Pike’s Makarora raises and deploys first capital for debut fund

The New York-based firm founded by ex-Blackstone real estate boss Chad Pike has refined the strategy for its first fund to focus on opportunistic investments.

KIC eyes total portfolio approach as real estate underperforms

While the investor keeps its allocation to real estate, it will alter its investments within the asset class.

NPS’s Ahn: ‘We realized the importance of being proactive’

The Korean pension fund’s head of real estate said the investor is seeking to evolve from a ‘market chaser’ to a ‘market changer.’

Avatar inks first exit for debut fund

The Tokyo-headquartered private equity real estate firm has significantly exceeded its return targets on a milestone first sale for its maiden opportunistic fund.

Border to Coast’s UK direct fund hits £2bn pooling milestone

The pension partnership has received £430m of fresh capital into the fund, with up to £500m more expected next year, according to head of UK real estate Alistair Smith.

Fiera scores C$800m for Canadian real assets impact strategy

The Montreal-based manager will partner with the Canadian chapter of the United Brotherhood of Carpenters on union-built, pension-funded residential, industrial and infrastructure projects.

Aware Super’s Misev: ‘We’re actively looking at the US’

The superannuation fund’s head of property expects to deploy more capital in the country than any other region next year.

Alaska Retirement Board eyes more non-core real estate 

The Juneau-based pension is also looking to form new core/core-plus partnerships as its consultant calls a market bottom.

Brookfield aims to triple real estate AUM in Asia-Pacific in five years

The firm’s regional real estate activity over the past 12 months was more than treble its average in prior years.

Korea’s NPS acquires minority stake in Sweden’s Areim

The investment is understood to be the pension fund’s first stake acquisition in a European real estate manager.