Core

Australian Retirement Trust forms $1bn fund with Almanac

The partnership represents the Australian superannuation fund’s first strategy to focus solely on real estate operating companies.

Prologis CEO Hamid Moghadam to retire at year-end

After more than 40 years leading the logistics giant and its predecessor, AMB Property, Moghadam will be succeeded by company president Dan Letter.

Hong Kong’s Link hires head of Australian investment

With the newly created role, Asia’s largest REIT manager intends to grow its presence in the country, which it first entered in 2019.

Hongkong Land’s Smith: ‘Recycling capital is our top priority’

The listed company plans to expedite the return of invested capital, including transferring balance-sheet assets to third-party vehicles.

Link pushes beyond Hong Kong and China

Currently, the two markets account for nearly 90% of the firm’s existing REIT portfolio.

DOWNLOAD: Investor appetite for real estate wanes as allocations dip

Six in 10 institutions are now underweight in the asset class, but just 34% plan to up their investment in 2025.

Blackstone raised $8bn for its closed-end real estate funds last year

‘We see that we’re firmly on this recovery path for real estate,’ said the manager’s president and COO, Jon Gray.

CIM Group makes senior hires to expand global investor coverage

The firm has hired two capital market veterans from Harrison Street and Argo Infrastructure to lead the fundraising effort in EMEA and APAC.

Investor trio backs Matter’s UK single-family rental platform

UBS, GCM Grosvenor and Abrdn have committed £145m across two funds managed by Matter Real Estate for its Placefirst housing business.

Iliffe launches LOGOS Asia, sets $900m fundraising target

Led by the LOGOS co-founder and three other executives, the firm is looking to corral the equity across four funds in Vietnam and India.