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MSCI: Distress pressure is building across global real estate

Property-level distress is not just a US office problem, says Tom Leahy, MSCI’s head of EMEA real assets research.

JPMorgan Asset Management taps TPG Angelo Gordon veteran to help grow net lease strategy

The asset management arm of JPMorgan Chase first entered the space after naming Chad Tredway its head of real estate Americas last year.

Fundraising showed no signs of a recovery in Q1-Q3 2024

Despite the brighter outlook for attracting capital to private real estate, key metrics point to ongoing challenges for fund managers.

New Mexico SIC to boost real estate exposure with $5bn commitment plan

The US wealth fund also seeks to increase its non-core allocation, targeting industrial and multifamily.

Lone Star starts LSREF VII investing with £580m UK portfolio deal

The Dallas-based private equity real estate firm has kickstarted its fast deployment plans for the $2.7bn vehicle with a large logistics, retail and offices portfolio.

NBIM’s $28bn real estate portfolio in four charts

PERE’s analysis reveals the largest allocations by sector, geography and partner for the world’s largest sovereign fund.

ERS Texas to boost industrial, retail exposures

The pension fund plans on making up to seven fund commitments in fiscal year 2025.

Adam Hines joins Hines’ office of the CEO

The executive’s promotion to chief of staff follows a senior management reshuffle announced at the end of July.

BNP Paribas’ AXA IM purchase to create €117bn French giant

The €5.1bn acquisition of the insurer’s investment management business by the bank would also see the latter’s real estate business become significantly more diversified.

DOWNLOAD: H1 2024 fundraising remained in the doldrums

With only $59bn raised in the first half of the year, 2024 is on track to be the worst fundraising year since 2012.