Sectors

Mineworkers’ Pension nears end of ‘difficult’ office sales

The UK pension fund is close to divesting all of its secondary office holdings as it looks to rebalance its overall real estate portfolio.

Savills IM promotes research head to global CIO

Andrew Allen was appointed global chief investment officer at the London-based manager following Kiran Patel’s retirement last month.

Stoneweg eyes ‘one-stop shop’ in Europe with Cromwell acquisition

The addition of Cromwell Europe will double Stoneweg’s AUM and expand its wheelhouse into multiple new markets, says founder Jaume Sabater.

Lenders may be opting for volume over return, says Savills

Debt providers are converging on favored types of real estate, the consultant said at its latest Financing Property event.

Hines: Developed Asian real estate prices have fallen 10%

But aggregate repricing in the region has been more limited than that of North America and Europe, according to a new report.

TPG to step up real estate deployment with $15bn of dry powder

Included in the firm’s arsenal of capital is $2.5bn raised for two Asia real estate funds following its acquisition of Angelo Gordon.

Stoneshield raises €750m for third opportunistic vehicle

The Southern Europe-focused manager took just five months to reach a final close for the fund, well below the European average.

For building conversion strategies, it is all about pricing

Most change-of-use projects are not economically viable, but falling prices, looming debt maturities and potential government assistance could change that.

DOWNLOAD: Q1 2024 fundraising remains at a 12-year low

With only $19.8bn raised, the first quarter of 2024 recorded the lowest Q1 fundraising amount since 2011 when $15.2bn was corralled.

CIM Group on driving returns beyond market trends

Charting a new path for returns means getting back to basics, says Jolly Singh, a principal of portfolio oversight at CIM Group.