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The public pension committed an initial $100m to launch the venture with Stockholm-based manager Brunswick Real Estate.

The current head of real estate, Andrew Moore, will stay with the firm, and in Hong Kong, as chairman of its Asia real estate business.

The pension fund added at least 10 new funds and direct investments to its real estate portfolio last year.

A Hodes Weill report finds a surge in deals for non-controlling interests as buyers underwrite AUM growth for real estate managers.

Setting an upper limit for a vehicle’s size still serves an important purpose in today’s tough real estate fundraising market.

The manager is raising a dedicated vehicle in the sector, alongside separate US- and Europe-focused flagship funds for the first time.

The Dallas-based multifamily specialist hopes to scale its logistics holdings to rival its residential portfolio.

The new hire held senior leadership positions at Deutsche Bank, including head of alternatives and fund solutions APAC.

The Maryland-based logistics specialist promoted Paul Underwood and Brian Oravec to newly created CEO roles in Europe and Asia-Pacific, respectively.

The fund fell short of its predecessor in size, but ranks as the fourth-largest Europe-focused real estate equity fund closed this year.