Core

CIM Group holds first close on debut impact fund focused on US affordability crisis

CIM-BGV Impact Ventures, a partnership between the manager and entrepreneur and financial literacy advocate John Hope Bryant, will fund the preservation and construction of low-income housing.

Clarion Partners appoints EMEA distribution lead, eyes M&A

The US manager has made a key hire to help fulfill an ambition to double its assets under management in Europe in the next five years.

Macro uncertainty fuels doubt over real estate’s competitiveness

During a webinar launching PwC and ULI’s latest report on European real estate, panelists debated where the best value can be found.

APG’s Asia real estate boss to depart

Graeme Torre’s successor Brian Hung has led the team’s entry into a number of new strategies in Korea and Australia over the past 12 years.

EDF Invest makes residential debut in €600m JV with Savills IM

The investment arm of the French energy giant has acquired a 50% stake in the holding company of Savills IM’s European Living Fund.

Lowell Baron looks to make his mark

Brookfield’s new real estate CEO readies a major initiative just months after taking the helm of one of the world’s largest managers.

Is core back on the menu?

Core coffers are filling once more as investors see value, but the transaction market remains stunted, according to delegates at Expo Real.

Cushman’s Hutchings: €58bn of core money is targeting Europe

The anticipated inflows are more than triple the amount from a year ago, according to the firm’s head of European investment strategy.

PIMCO’s Trausch: ‘You have to give a reason to come back to real estate’

The manager of Allianz’s $89bn real estate mandate said the industry needs to be strategic about convincing investors to allocate to the asset class again.