The Canadian pension investment corporation has closed on a $421m development joint venture with a Florida-based apartment developer and operator.
3 min read · 16 April 2020
Departing CIO John Skjervem acknowledged that OPERF is losing money but is still likely to outperform its peer group due to its diversified portfolio.
3 min read · 03 April 2020
After its most recent transaction, Harrison Street still has $2bn of dry powder to deploy in healthcare real estate through the coronavirus disruption.
3 min read · 25 March 2020
The German insurer will remain active in the asset class but will be reevaluating its underwriting and the types of investments it pursues.
3 min read · 19 March 2020
‘In the current situation, it’s really tough to underwrite something,’ Rainer Komenda, the €80bn Bavarian pension investor’s head of real estate funds, tells PERE.
3 min read · 17 March 2020
The findings of CBRE’s fourth-quarter capital markets report show a steep decline in entity-level deals in the US last year.
1 min read · 10 March 2020
The London-based firm gave a 50% management fee discount to first close investors committing $100 million or more to the vehicle.
3 min read · 03 March 2020
Historic low rates are a boon for capital seekers, but institutional investors face newfound uncertainty as lower for longer threatens to become lower forever.
10 min read · 03 March 2020
Tim Walsh, the high profile former advisor to the under-allocated and underperforming sovereign wealth fund, advised it to ‘stop direct real estate investing immediately’ in the name of simplicity. His advice has had little effect.
5 min read · 28 February 2020
The full extent of the outbreak in China is yet to be seen, but the short-term impact has already manifested itself in Asia’s private real estate markets
5 min read · 19 February 2020