Core

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.

The combination of two UK property funds will create a £4.7bn platform amid shifting preferences from domestic pension schemes.

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

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.

The Maryland-based logistics specialist promoted Paul Underwood and Brian Oravec to newly created CEO roles in Europe and Asia-Pacific, respectively.

The Alberta-based pension investor, in the middle of a leadership shakeup and portfolio rebalancing, saw real estate drag on its returns last year.

The manager has purchased two assets via its Spa Property Fund and is in advanced discussions for a third.

Massive capital hauls from Blackstone masked what was otherwise a tepid capital raising environment during the first half of the year.

At the PERE Tokyo Forum, property investors in the country say America remains their top choice despite some policy concerns.

The veteran investment manager’s arrival at Dallas-based Crow coincides with a recovery in core real estate performance.