Value-Add

Gaining significant exposure to real estate credit was also a key draw, according to global co-head of real estate Karim Habra.

Although part of a 183-year-old family business, the Dutch asset manager is the new kid on the block when it comes to third-party capital management.

The London-based firm turned away approximately €200m in commitments for its second pan-European logistics-focused fund.

The firm has promoted Thorsten Slytå to the new position, which was established in response to growing demand for more direct investment.

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.

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

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.

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.

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

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