Value Add

Redevco on how high-street assets need reprogramming

From retail monuments to mixed-use hubs, Europe’s high streets are not in decline but may be constrained by outdated formats, says Redevco’s Séverine Maumy.

DNE Group on market reset creating new value in China’s real estate playbook

With demand imbalances and capital dynamics reshaping property markets across China, managers with operational expertise and fund management capability are finding new pathways to value creation, says DNE Group’s Martin Chen.

Adaptive reuse moves to the forefront of value creation

With transactions subdued and development limited, the industry is turning to conversions, retrofits and repositioning strategies to drive income and unlock value, reports Giovanni Legorano.

Japan’s Norinchukin Bank eyes more value-add investments

The Japanese investor is allocating up to $200m to overseas real estate in 2026, with a focus on value-add diversified funds.

CalPERS sees higher real estate returns after allocation shift

The California pension giant has shifted more capital to non-core real estate strategies over the past two years.

NorthPoint Development closes its largest fund to date

The Kansas City-based industrial specialist sees a ‘generational buying opportunity’ from forced sellers for its seventh vehicle.

Capital is diverging from traditional reallocation patterns

As liquidity gradually returns to private real estate, much of the proceeds are not flowing back to where they came from, PERE heard at MIPIM.

CBRE IM raises $2.1bn for its seventh Asia value-add fund

The vehicle received commitments from 15 limited partners globally, including The State Pension Fund of Finland, LACERA and NZ Super.

HSBC Life plans return to real estate via value-add funds

The $120bn AUM insurer aims to diversify its US-heavy, core-focused property portfolio, with an eye on Asian assets, said its CIO.

GEPS to double real estate exposure over next five years

In a pivot away from single-asset investments, the South Korean pension plans to commit $250m to commingled funds in the next 12 months.