Sectors

CalSTRS’ real estate consultants urge deployment into valuation-reset market

The California pension with nearly $370bn in assets is building allocations to industrial and multifamily and curtailing office exposure to match policy targets.

Wall Street high-rise swaps trading desks for lofty living

20 Exchange Place in New York this year secured a $30m equity infusion from UBS to modernize the tower.

China’s markets remain depressed, but pockets of opportunity emerge

The office sector is stricken by oversupply, but retail is becoming an emerging investment theme and multifamily is drawing interest.

Japan’s local markets thrive as value-add takes a front seat

Commercial real estate transactions in Q1 2025 rose by 24% year-on-year in the country, according to CBRE, with activity driven primarily by deals involving large global players.

US debt roundtable: Opportunity and uncertainty collide in debt markets

Political volatility and economic instability present challenges for US private debt investors, but participants in PERE’s roundtable remain optimistic.

Australia and New Zealand have foreign investors gravitating to lower pricing

Investor activity remains mostly concentrated in the industrial and living sectors, with Sydney and Brisbane drawing attention.

Macquarie: Focus shifts to local living and logistics sectors

James Kemp, Macquarie Asset Management’s head of APAC real estate, explains why structural trends in Asia-Pacific real estate markets still matter.

Phoenix: Investors target developed markets for accretive returns

Samuel Chu, co-founder of Phoenix Property Investors, notes global change and demographic trends are reshaping APAC investment strategies.

APAC real estate sees activity rebound, despite fundraising dip

So far this year, 23 vehicles targeting APAC markets have closed with a capital raising total of $28.78bn, nearly double the totals from this time last year.

South Korea investors look to living sectors as Seoul’s office cycle matures

The government has begun to encourage the creation of institutional rental housing, leading to a new niche that major international players are moving to fill.