Sectors

SBCERA weighs 21% increase to annual real estate commitments

The pension fund could allocate $1.45bn to real estate funds over the coming decade.

Blackstone pays $2.6bn for Tokyo towers, its largest deal in Japan to date

The manager reportedly outbid KKR and BGO for the mixed-use Garden Terrace Kioicho and its 1.2 million square feet of fully occupied offices.

BlackRock makes strategic changes for its Asia real estate fund

With a focus on transparency and liquidity, Fund VI will exclude Hong Kong and China, and will further limit exposure to the office sector.

PIMCO Prime, CDPQ detail differing strategies for core assets  

Speakers at NYU Schack’s capital markets conference disagree on whether to hold or dispose of core assets.

In private real estate, not everyone is sold on the UK

While the country has seen faster repricing than other markets, some see the UK as less attractive for investment for other reasons.

Partners Group’s real estate push goes up two gears with Empira deal

As well as providing a significant boost to Partners’ direct real estate business, the merger of the two Swiss firms will add real estate credit to the manager’s offering.

Partners Group seeks ‘vertical depth’ with Empira acquisition

Gaining significant exposure to real estate credit was also a key draw, according to global co-head of real estate Karim Habra.

CBRE IM names Glanzman, GIC’s Gallistel co-CEOs as Hourihan exits

The New York-based firm has tapped its president and GIC’s Americas real estate head for the top roles while parting ways with its current CIO.

Redevco remodeled: From family to fiduciary

Although part of a 183-year-old family business, the Dutch asset manager is the new kid on the block when it comes to third-party capital management.

Deep Dive: Distress takes an unexpected turn

Opportunities are emerging from troubled assets or owners, but they are not what the industry had anticipated.