Core

Alternative sectors have moved from niche allocations to mainstream portfolios as investors emphasize demand resilience and long-term demographics, say Christopher Merrill and Joey Lansing of Harrison Street Asset Management.

As redemption queues linger, investors with dry powder are capitalizing on repriced assets, explain StepStone Real Estate’s Margaret McKnight, Jennifer Jones and Andrew Mitro.

Rising construction costs, limited supply of prime space and growing rents are helping logistics outperform other income-focused real estate strategies across Asia-Pacific, says ESR’s Phil Pearce.

Redemption queues have reset investor expectations around real estate’s liquidity illusion, but managers say the case for open-end core remains intact, writes Giovanni Legorano.

Investors are redefining risk and rethinking what belongs in a core portfolio across Europe, the Americas and Asia-Pacific.

The first PERE Core 100 manager ranking comes as institutional appetite for real estate’s lowest risk and return profiles is expected to return.

Inside: Introducing the PERE Core 100 – our inaugural ranking of the biggest fundraisers for core and core-plus risk return profiles; Five forces reshaping core real estate investing; The liquidity illusion facing open-end core funds; Expert insight from industry leaders; And much more…

PERE has started ranking managers by their fundraising for core and core-plus risk and return profiles at a widely anticipated transitional time for private real estate.

Non-traditional property types are the future of core real estate investing, explains Kayne Anderson’s Kyle Mayes.

Nearly 90% of the equity raised by Core 100 managers went into sector-specific vehicles, with residential and industrial attracting the largest shares.