Residential

Grosvenor, Shaftesbury investments have helped to rebalance the sovereign wealth giant’s sector exposure.

The combination of two UK property funds will create a £4.7bn platform amid shifting preferences from domestic pension schemes.

The region’s investors will increasingly look to broaden its geographic footprint in English-speaking countries outside of the US, writes CJ Morrell, head of Japan at Fiera Capital.

The pension fund added at least 10 new funds and direct investments to its real estate portfolio last year.

The manager is raising a dedicated vehicle in the sector, alongside separate US- and Europe-focused flagship funds for the first time.

The Dallas-based multifamily specialist hopes to scale its logistics holdings to rival its residential portfolio.

With Aermont’s net profit rising by 31% in H1, Keppel is eyeing more global M&As, according to its latest financial briefing.

The Washington, DC-based manager closed its latest opportunistic fund above its $8bn target within a shorter-than-average timeframe.

Travis King, head of the family office collective, said the investor type still views the world’s largest property market as ‘the safest spot to be.’

Fundraising is up at the industry’s largest asset manager as a muted market recovery drags on.