Fundraising
Lone Star announces $4.7b final close
Lone Star Funds has completed the final closing for Lone Star Real Estate Fund VI.…
Research
Manulife releases biannual global intelligence report
Manulife Investment Management has released its biannual global intelligence report, a midyear update across asset…
Investors
West Virginia pension fund approves $30m capital commitment
The West Virginia Investment Management Board (WVIMB) has approved a $30 million commitment to Rubenstein…
Research
Asia Pacific retail persists with uncertainty but opportunities exist
Although capital value growth in the Asia Pacific office and logistics sectors has far outpaced rental growth over the past 10 years, the gap in the retail sector has been significantly smaller, reported CBRE. This has been translated into relatively mild yield compression for Asian retail assets compared to other property asset classes, with yields hovering at around 3.6 percent–3.7 percent over the past three years.
Research
AP real estate to be more active despite geopolitics concerns
Overseas buyers retain an optimistic view toward China and India, with this year’s survey recording an increase in the percentage of investors identifying these markets as their preferred cross-border investment destination, according to CBRE’s “Asia Pacific Investor Intentions Survey 2019.”
Investors
Grand Rapids retirement system selects CenterSquare as potential U.S. REIT manager
The City of Grand Rapids’ General Retirement System is moving forward in the process of…
Investors
Kansas City pension fund agrees to consider value-add real estate opportunities
The $1.14 billion Kansas City (Mo.) Employees’ Retirement System has agreed to look into opportunities…
Investors
Optimum creates New York JV with German pension fund
Optimum Asset Management has created a joint venture (JV) partnership with a German pension fund…
Research
Berlin’s residential rent freeze could be illegal
Berlin’s decision to impose residential property rent freezes from 2020 until the end of 2024 could be illegal, according to Black Label Properties.
Research
Demand trends support apartments, but supply trends vary based on segment
The apartment sector will be supported by strong demographics over the next decade, but the class A and class B segments have experienced diverging supply trends.