Core Plus

The GI 100 grapples with shrinking allocations to real estate

PERE’s investor ranking sees its first-ever aggregate decline in property exposure as macroeconomic factors continue to weigh on values and sentiment.

Principal AM expands retail channels with launch of first SCPI

In targeting French retail investors, the manager seeks to broaden its capital base amid a ‘very competitive’ market for institutional capital.

Alaska Retirement Board eyes more non-core real estate 

The Juneau-based pension is also looking to form new core/core-plus partnerships as its consultant calls a market bottom.

Hines European fund manager to depart, return to Barings

Jorge Duarte spearheaded the rollout of the Houston-based manager’s European core-plus vehicle, Hines European Property Partners, in 2022.

Aware Super CIO: Property team has ‘changed tune’ on deployment

The superannuation fund has shifted into active gear after not ‘investing as much in property in the last two to three years,’ says Damian Graham.

Starwood, the next generation

Barry Sternlicht and his successor, Jonathan Pollack, discuss the wide-ranging implications of the firm’s new leadership structure.

APAC real estate sees activity rebound, despite fundraising dip

So far this year, 23 vehicles targeting APAC markets have closed with a capital raising total of $28.78bn, nearly double the totals from this time last year.

Florida SBA commits $1.57bn to real estate in Q2 

Including $625m to funds and $880m to JVs, it is the pension investor’s highest quarterly allocation to the asset class in at least 10 years.

South Korea’s NPS upped real estate commitments by 19% in 2024

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

AEW promotes Gina Szymanski to CIO of its public REIT platform

As lead investor for the Boston-based manager’s $4bn global securities business, she succeeds Robert Oosterkamp, who is leaving for an undisclosed new venture.