At the start of 2020, shopping centres had just emerged from a hugely challenging decade. Online purchasing had, of course, migrated sales from stores. Many consumers had also shifted much of their discretionary spend from things to experiences, and while food and beverage chains, leisure venues and other…
Indiana Public Retirement System backs three real estate funds
The Indiana Public Retirement System (INPRS) has disclosed $175 of real estate commitments. INPRS committed…
OCERS backs Waterton Residential Property Venture XIV
The $16.2 billion Orange County Employees Retirement System (OCERS) recently committed $75 million to the…
Walton Street Capital launches new real estate fund
Walton Street Capital has launched a new fund, known as the Walton Street Real Estate…
Angelo, Gordon & Co.’s latest fund surpasses $1.2b target
Angelo, Gordon & Co. has raised more than $1.5 billion in equity commitments for its latest European real estate fund, AG Europe Realty Fund III. The fundraise exceeded the fund’s $1.2 billion target and hit its hard cap, according to Angelo, Gordon & Co.
Schroders to take majority stake in $1.1b real estate investor Pamfleet
Schroders has reached an agreement to acquire a majority stake in Pamfleet, a value-add real estate investment manager with offices in Hong Kong, Shanghai and Singapore.
Report from Europe: COVID-19 inflicts fresh round of pain on euro zone retailers
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Institutional investors expect higher long-term returns due to ESG criteria
The majority of institutional investors (51 percent) expect higher long-term returns on real estate if…
Grosvenor Americas appoints ESG director
Grosvenor Americas has appointed Lauren Krause as environment, social & governance (ESG) director. She will lead…
Taubman Centers opens all shopping centers
Taubman Centers has opened 100 percent of its operating properties in the United States and…
PGIM Real Estate releases midyear global outlook research report
For many investors, when it comes to meeting long-term performance objectives, it will be more important to maintain a focus on how the impact of COVID-19 plays out more gradually, looking for shifts in the ways the global economy, societies and supply chains interact with the built environment.
Survey: Travel resuming, but only 44% of Americans planning trips in 2020
A survey conducted by Morning Consult commissioned by the American Hotel & Lodging Association (AHLA) found that only 44 percent of Americans are planning overnight vacation or leisure travel in 2020, with high interest in road trips, family events, and long weekends over the summer months. Encouragingly, 68 percent of these expectant travelers say they are likely to stay in a hotel in 2020.