Nuveen

The investor is one of three Australian superannuation funds that committed $330m to the vehicle’s latest round of fundraising.

The manager is looking to bring in third-party capital to help grow its Green Storage platform, which is currently owned outright by parent company TIAA.

The merged entity will boast a combined real estate heft of around $172bn in assets under management across equity and debt in all major regions.

Core coffers are filling once more as investors see value, but the transaction market remains stunted, according to delegates at Expo Real.

The age of the generalist real estate fund is over for all but a few. In its place, single-sector funds and specialist operators have emerged to meet investors’ evolving needs.

This fund launch represents a key milestone in Link’s broader strategy to transform into a prominent third-party capital manager.

While top-level appointments typically involve internal promotions or external hires, recent moves have favored the former.

Current property boss and long-time executive Chris McGibbon will retire after nearly 24 years with the company.

Having resigned less than a year after he joined in September 2025, Ando will stay on in an advisory role for the next few months.

With the Iran war exposing the volatility of energy pricing and the fragility of global supply, real estate managers consider how renewable energy can help mitigate the risks.

Demographic changes and supply-demand imbalances are leading investors beyond traditional multifamily into diversified living sectors.

Participants in PERE’s roundtable say a combination of public investment and regulatory reform could help to revive Germany’s stalled economy and real estate market. But they also fear a fragile recovery could be derailed by global events.

As managing director of capital formation, Laura Barstow will help the Swedish manager capture growing international interest in Nordics real estate.