Investors
Colorado PERA raises real estate allocation to 10%
The Colorado Public Employees’ Retirement Association (PERA) board of trustees has adopted new long-term asset…
Transactions
CapitaLand Ascott Trust to divest Citadines Karasuma-Gojo Kyoto hotel in Japan
CapitaLand Ascott Trust (CLAS) has divested the Citadines Karasuma-Gojo Kyoto hotel in Japan to an…
Research
Austria’s pension system continues to face climate, investment performance challenges
Pensionskassen, Austria’s company system, faces large challenges in terms of investment performance and climate goals,…
Investors
Italian pension funds combine to create €12b scheme
The Intesa Sanpaolo Group, one of the top banking groups in Europe and a leader in Italy, has signed an agreement with Italian bank trade unions Fabi, First Cisl, Fisac Cgil, Uilca and Unisin to establish a single, large pension fund that will manage approximåately €12 billion ($13 billion) in assets.
Fundraising
Border to Coast launches $1.6b U.K. Real Estate Fund
Border to Coast has launched a direct U.K. real estate investment fund, broadening LGPS (Local Government Pension Scheme) partner fund access to new investment opportunities in the sector.
Resource Center
Harrison Street’s Mike Hochanadel on identifying optimum markets for data center development and the crucial role of partnerships
Glossary, videos, podcasts, research in the Resource Center
Transactions
GARBE Industrial sells logistics center in Germany to Nuveen Real Estate
GARBE Industrial Real Estate GmbH has sold a logistics property near Munich to Nuveen Real…
People
Knight Frank announces Craig Shute as CEO of Asia Pacific
Knight Frank announced the appointment of Craig Shute as CEO of Asia Pacific (APAC), effective…
People
J.P. Morgan Asset Management hires Justin Heller to join net-lease strategy for Real Estate Americas
J.P. Morgan Asset Management announced that Justin Heller has joined the firm as managing director…
Transactions
Azora’s Nestar platform acquires 250-home build to rent development in Valdemoro, Madrid from Emerige
Azora, on behalf of Nestar, a build to rent (BTR) platforms owned and managed by Azora, announced that it has acquired a new BTR development of 250 homes in Valdemoro, Madrid, from the French developer Emerige.
Transactions
Grosvenor closes JV partnership for C$1.5b mixed-use residential project in metro Vancouver
Grosvenor announced it has established a joint venture for phase one of its master-planned development in Metro Vancouver called Brentwood Block.