People | Sep 18, 2023 Nicole Musicco steps down as CIO at CalPERS by Lewis Dayton Nicole Musicco is stepping down as the CIO of the California Public Employees’ Retirement System.
Investors | Sep 18, 2023 CRE values will decline broadly, but notable opportunities exist by Lewis Dayton There’s a perception of course that there’s no transactions out there, but when you think about real estate activity over the last decade, 2023 is shaping up to be “more or less” the same.
Investors | Sep 18, 2023 South Carolina Retirement System commits $100m to real estate fund by Lewis Dayton The $40.6 billion South Carolina Retirement System Investment Commission (SCRSIC) has committed $100 million to Brookfield Strategic Real Estate Partners V (BSREP V).
Investors | Sep 18, 2023 Wisconsin Core Trust Fund returns 6.91% for the fiscal year by Lewis Dayton Wisconsin’s $119.7 billion Core Trust Fund (CTF), managed by the State of Wisconsin Investment Board (SWIB), posted a net return of 6.91 percent for the fiscal year that ended on June 30, 2023.
Research | Sep 18, 2023 Global business sentiment recovers as slowdown fears recede by Andrea Zander Global business sentiment has now fully recovered from the banking system-related weakness earlier this year.
Investors | Sep 18, 2023 PGIM Real Estate expands rental housing portfolio in Asia Pacific by Released PGIM Real Estate has expanded its rental housing portfolio in Asia Pacific.
Transactions | Sep 18, 2023 CapitaLand Investment’s flagship core-plus private fund buys logistics property in South Korea for $82m by Released CapitaLand Investment Limited’s (CLI) flagship regional core-plus fund, CapitaLand Open End Real Estate Fund (COREF), has acquired a newly completed, class A logistics property in South Korea for S$112 million ($82.5 million).
Fundraising | Sep 18, 2023 Loci Capital exceeds target for first close by Andrea Zander Loci Fund II GP, an affiliate of Loci Capital Group, a private real estate fund manager, announced the first close of Loci Capital Opportunistic Fund II.
Fundraising | Sep 18, 2023 Domain Capital Group raises $225m for value-added timberland strategy by Released Domain Capital Group and its subsidiary, Domain Timber Advisors, has raised $225 million in recent capital commitments across Domain’s value-added timberland investment strategy.
Investors | Sep 18, 2023 Alaska Retirement rebalances real estate, infrastructure target allocations by Lewis Dayton The Alaska Retirement Management Board is rebalancing its real assets portfolio target allocations to address the changing investment landscape in real estate and infrastructure.
Transactions | Sep 18, 2023 Sabey Data Centers to build new data center campus in Umatilla, Ore. by Denise Moose Sabey Data Centers announced that the company is expanding into Umatilla, Ore. Sabey has purchased 60 acres to develop a state-of-the-art data center campus.
Transactions | Sep 18, 2023 Tishman Speyer acquires 502-unit residential community in Atlanta by Kali Persall Tishman Speyer has acquired a 502-unit residential community in the Sandy Springs suburb north of Atlanta for an undisclosed amount.
Fundraising | Sep 18, 2023 Stoic Equity Partners launches SEP Industrial Holdings I Fund for strategic investment in southeastern flex industrial properties by Released Stoic Equity Partners announced the launch of its latest investment fund, SEP Industrial Holdings I.
People | Sep 15, 2023 Vandor Real Estate names Jules Choukroun CEO by Kali Persall Vandor Real Estate, the investment vehicle owned by Patron Capital focused on medium-term stay residential rental assets in Spain, has appointed Jules Choukroun as CEO.
Investors | Sep 15, 2023 Connecticut Retirement weighs commitment to Blue Owl, returns 8.5% for fiscal year by Lewis Dayton Connecticut Retirement Plans and Trust Funds (CRPTF) is considering a commitment of $200 million to Blue Owl Real Estate Fund VI.
Investors | Sep 15, 2023 Japan, South Korea primed for data center growth in age of AI by Lewis Dayton There is strong and increasing demand for data centers in South Korea and Japan, and advances in AI will mean that Seoul, Osaka and Tokyo won’t be the only locations for largescale data center development going forward. Those are some of the main takeaways from a recent panel discussion hosted by Mingtiandi.
People | Sep 15, 2023 Delin Property appoints dedicated asset and leasing manager in the Netherlands by Released Delin Property has appointed Florus Paans to oversee and implement asset management and leasing strategies on the 14 properties it operates in the Netherlands.
People | Sep 15, 2023 JLL names Farazia Basarah as Indonesia country head by Released JLL has appointed Farazia Basarah as Indonesia country head.
Investors | Sep 15, 2023 San Jose Police and Fire reports a 7.7% return for fiscal year by Lewis Dayton The $4.7 billion San Jose (Calif.) Police and Fire Department Retirement Plan reported a net return of 7.7 percent for the fiscal year that ended June 30, outperforming its benchmark of 7.5 percent.
Investors | Sep 15, 2023 Investor views on using proptech by Jennifer Molloy Areas for the use of proptech are advancing rapidly, enabling capital allocators to dig deeper into their investment decisions.
