Value-Add

POBA’s Song sees a ‘golden opportunity’ to invest in real estate

The South Korean pension fund has kicked off its return to equity investing in the asset class with commitments to logistics strategies.

UBS forms IOS venture with Miramar Industrial

The Swiss bank’s multi-manager real estate business has made an initial commitment of more than $100m to the Los Angeles-based manager.

Greykite closes first deal to seed €300m joint venture

The London-based manager, which launched in March, has made the acquisition on behalf of its debut European real estate fund.

Pellicer, Warren complete ex-Rockspring line-up behind new firm

London-based manager Evonite expects to hit the road with its first investment vehicle within the next few months.

Savills’ Down: Rate cuts do not necessarily mean better pricing

Those expecting values to be correlative to debt ‘are holding out for something that won’t happen,’ says the capital markets executive.

ESR awaits the right timing for C-REIT listing

The firm is looking for the right conditions to float the vehicle amid volatile C-REIT market pricing in China.

Cortland fundraise signals persistent confidence in multifamily

The oversubscription of the Atlanta-based manager’s sixth fund exemplifies how the asset class continues to attract investors despite headwinds

Cortland closes its sixth value-add fund by 50% over target

The Atlanta-based firm’s Cortland Enhanced Value Fund VI is more than double the size of its predecessor.

NPS reduces number of commitments to real estate funds

With only a 7.4% increase, the investor also recorded a slower climb in real estate commitment compared with prior years.

Adam Hines joins Hines’ office of the CEO

The executive’s promotion to chief of staff follows a senior management reshuffle announced at the end of July.