Ontario Teachers' Pension Plan

The Canadian investor will transition oversight of its Asia real estate investments to its headquarters in Toronto by the end of 2026.

The current head of real estate, Andrew Moore, will stay with the firm, and in Hong Kong, as chairman of its Asia real estate business.

Executives onstage at the PERE Network Europe Forum in London this week emphasized the region’s growing appeal in contrast with the US. But will it stick?

Having been with the firm for over 16 years, Phua has passed his role to another senior executive within the team.

While the country has seen faster repricing than other markets, some see the UK as less attractive for investment for other reasons.

Markets that are non-regulated or have distress potential are at the top of the menu, investors told delegates at the PERE Network Europe Forum.

The original justification for Canadian pension plans having standalone property platforms no longer holds up today.

The firm sees opportunities in the country's build-to-rent, value-add office and industrial sectors.

Investors are applying newfound pressure on expenses and fee structures after years of real estate underperformance.

Boosting returns and scale at the world’s largest sovereign wealth fund is no easy feat. But the property boss is up to the task.

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.

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

This week’s top story highlights a contrarian effort in one of real estate’s most challenged sectors of recent years: life sciences. Eyeing opportunity in the wake of a broad retreat from the category, Tishman Speyer-backed Breakthrough Properties is back with a second fund with $430 million in initial commitments to show for it. Elsewhere, retrenchment wears on as Ontario Teachers cuts its Asia real estate team, prime offices enjoy a global rent bump, Sixth Street bets on San Francisco and more in this week’s digest, exclusively for our valued subscribers.

The turnover of property chiefs at Canada’s largest pensions coincides with the investors’ declining allocations to the asset class.

Leadership changes top the headlines this week as Schroders names its next Asia-Pacific real estate head, Swedish manager Areim replaces its head of investor relations and Australia’s sovereign wealth fund taps a private real estate veteran to run its growing property business. Meanwhile, one of the UK’s largest pension investors charts a real estate expansion, US managers tweak their strategies for the tariff era and more in this week’s briefing, exclusively for our valued subscribers.

The National Pension Service of Korea has made its UK single-family rental debut with a commitment to a vehicle managed by Long Harbour.