Residential

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.

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

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.

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.

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

Communities take center stage as investors engage with local stakeholders and act on occupant wellbeing, data from the Fitwel benchmark shows.

Sustainable real estate strategies that work with stakeholder communities are well-positioned to mitigate risks and can also create long-term asset value, argue Manulife’s Erin Patterson, Onay Payne and Regan Smith.

The firm has promoted Thorsten Slytå to the new position, which was established in response to growing demand for more direct investment.

With its partner funds around £850m underweight to UK real estate, the LGPS pool is poised to begin deploying from its latest vehicle, says head of real estate Alistair Smith.

For the first time, the Australian government has directed the superannuation fund to target specific asset classes when making investments.