Allocation Strategy

Brexit and covid have been cause for concern for managers and investors. But some institutions have continued to forge ahead despite the challenges.

With vaccine success expected and a US government keen to rebuild international bridges, the sector has every chance of reversing this current trend.

It has long been believed what happens in real estate happens first in the US. That assumption could change with key Asian economies projected to rebound faster from the covid-19 crisis.

Buying opportunities will come from both expiring closed-end funds and developers motivated to sell to either repay debt or recycle capital.

Park Madison Partners expects capital commitments to bounce back in 2021 but with a strong preference for certain strategies.

Global institutions targeted opportunistic funds and broke into new strategies in 2020, but stayed closer to their home markets.

Robert Stuckey believes an investing thesis centered on underwriting real estate via demographic and technological trends has kept Carlyle’s business insulated from the current pandemic-induced crisis.

Former global head of Brookfield’s private funds group Leo Van den Thillart has been brought on board as CEO to lead the business.

Private real estate investors’ activity, which fell in November due to increased uncertainty, can now be expected to resume, writes head of real estate James Jacobs.

There are good reasons why the greater emphasis on real estate public equities during the pandemic will stay once the crisis subsides.