Newsline

Chua Hsien Yang will be appointed CEO of Keppel REIT Management effective Jan. 1, 2025, as part of Keppel’s succession planning and regular rotation of leadership roles.

The State of Wisconsin Investment Board (SWIB) has reportedly committed $321 million total to five investment vehicles, according to news reports tracked by the IREI.Q database: FPA Core Plus Fund VI, Lone Star Real Estate Fund VII, Heitman U.S. Closed-End Debt Fund III, Realterm Airport Logistics Properties and RLIF Co-Investment Fund II.

Clarion Partners Europe, the real estate investment fund manager specializing in European logistics and industrial assets, has appointed Jasper Petit to the newly created role of chief strategy officer, effective immediately.

Union Investment has sold an office building in Hamburg's old town to the property company Terrania.

M&G Real Estate announced it has acquired a 65 percent stake in BauMont Real Estate Capital Limited (BauMont) – a leading European real estate fund manager specializing in value-add investment strategies in Western Europe.

U.S. nonfarm payroll employment increased by 12,000 jobs in October, according to the Bureau of Labor Statistics, and the unemployment rate was unchanged at 4.1 percent.

JLL announced the launch of its artificial intelligence (AI) platform, JLL Falcon, designed to accelerate the digital transformation of the commercial real estate (CRE) industry.

Amro Partners has joined forces with Invesco Real Estate to pursue opportunities in the Iberian residential market, starting with the acquisition of two new projects in Spain.

Legal & General (L&G), on behalf of its Managed Fund, has acquired 30 Golden Square, a newly refurbished grade A office building in London’s West End.

CareSuper and Spirit Super finalized their merger on Nov. 1, with the new $53 billion entity operating under the banner of CareSuper.

Thriving Investments has formed a partnership with Gresham House to create a new U.K.-leading affordable housing fund management platform.

Ventas has acquired a senior housing portfolio consisting of 20 communities from Chicago Pacific Founders, a healthcare investment firm.

The report, “The next transformative technology? What does AI mean for real estate?,” which was published in the November issue of Institutional Real Estate Americas, breaks down and discusses the positive and negative effects AI will likely have in the real estate investment industry.

How does the real estate industry — and investors in that industry — best meet the outsized demand for data centers, especially given their requirement for an outsized need for power and the high cost to build them? In an interview published in the November issues of Institutional Real Estate Americas, Institutional Real Estate Europe and Institutional Real Estate Asia Pacific, Carrington Brown, senior managing director, development and portfolio management, with Affinius Capital, sets out to address this question.

Real estate credit, which combines reliable income from regular interest payments with the security of underlying real assets, can anchor an institutional real estate portfolio much like a cornerstone anchors a building, according to a report by LaSalle, “Resilience and opportunity in real estate credit,” which was published in the November issue of Institutional Real Estate Americas.

In an interview published in the November issue of Institutional Real Estate Americas, Heitman's Blaise Keane and Amy Krass discuss the nuances in the firm's approach to investing in the evolving category of core real estate.

The shifts in the macroeconomic environment and evolution in real estate uses have made investing in core real estate a more complicated investment decision, according to a report by Nicoletta De Bona Bottegal, lead portfolio manager, real estate, with DWS.

Niche sectors are gaining more and more share of the institutional real estate portfolio pie, but the sector is not monolithic. Michael Hudgins, senior managing director of research with Hines, discusses in an interview published in the November issue of Institutional Real Estate Americas.

While industrial performance as a whole may have eased back from its giddy pandemic-fueled heights, one specialized industrial sector is starting to garner more attention: cold storage.

Times of market stress pull at the loose threads of a portfolio. It becomes clear if holdings or a strategy are starting to unravel, making a clear-headed assessment of holdings and the market situation essential. How should institutional investors go about such a review?