Allocation Strategy

Rising construction costs, limited supply of prime space and growing rents are helping logistics outperform other income-focused real estate strategies across Asia-Pacific, says ESR’s Phil Pearce.

Redemption queues have reset investor expectations around real estate’s liquidity illusion, but managers say the case for open-end core remains intact, writes Giovanni Legorano.

Non-traditional property types are the future of core real estate investing, explains Kayne Anderson’s Kyle Mayes.

Rachel Farrell will leave the £68bn UK pension fund, which is looking to in-house more investment decision-making while also working with a broader range of GPs, PERE has learned.

The pension fund will invest €500m with manager Bouwinvest in sustainably built affordable housing.

Around 18 months after ending its US multifamily program and refocusing on the industrial sector, the manager’s real estate arm is preparing a fresh diversification push.

In its latest sector outlook, the manager said a key consideration for an asset is its capacity to host ‘the tenants of the future.’

The move to partner with Stanhope comes as the sovereign wealth fund aims to boost returns by working with sector specialists.

Private markets head Marina Pasika on why the superfund avoids ‘bucketing’ its portfolio by asset class and how its thematic view extends to unlisted real estate.

Limited new supply and necessity-led demand are reshaping the investment case for retail real estate.