Value Add

Border to Coast’s Smith: This is the right time to buy

With its partner funds around £850m underweight to UK real estate, the LGPS pool is poised to begin deploying from its latest vehicle, says head of real estate Alistair Smith.

NY state pension hits $3bn in real estate commitments this year

NYSCRF’s recent pledges include $400m to a new partner targeting cold storage.

Octopus appoints Spain lead to support European expansion

The UK manager aims to bring all of its real estate equity and debt strategies into Spain and elsewhere in Europe over the next three years.

Institutional exposure to real estate expected to drop in 2025  

Half of institutional investors are under-allocated to real estate amid stronger performance in public equities, finds Hodes Weill and Cornell University’s latest Allocations Monitor.

M&G Real Estate seeks value-add boost with first M&A deal

The UK asset manager has acquired a majority stake in BauMont Real Estate Capital to diversify into higher-returning real estate.

How pooling is opening new avenues for LGPS

The practice enables the UK local government pension schemes to explore new areas of private real estate, such as impact investing.

Deep Dive: The investors to watch in the new cycle

With one eye on the new market cycle, emerging and evolving capital sources are mobilizing to make the most out of an allocation to private real estate.

Aware Super’s UK platform to capture ‘window of opportunity’ in offices

The investor’s newly formed international team has partnered with Delancey to invest £1bn in the UK, with London offices as the initial focus.

CPP Investments establishes first UK single-family rental JV

The £500m commitment to a joint venture with Kennedy Wilson represents the Canadian pension plan’s first foray into SFR in Europe and a chance to ‘really go at scale’ in the sector.

Legal & General acquires stake in Taurus to ramp up US real estate exposure

The deal includes a separate $200m seed investment by the UK pension investor, which cited growing institutional interest in US multifamily and logistics assets and decarbonization initiatives.