Research | Sep 5, 2023 Asia Pacific: Tourism's tailwind will keep blowing, but with less force by Andrea Zander Tourism in Asia has held up well in recent months, but the sector’s recovery is likely to lose pace in the next few quarters, according to Oxford Economics.
Research | Sep 5, 2023 How the Fed’s rate decisions will affect commercial real estate going forwards by Lewis Dayton Nearing the Federal Open Market Committee’s (FOMC) Sept. 19–20 meetings, the business world is concertedly gauging whether the Federal Reserve will keep the target federal funds rates level at 5.25 percent to 5.5 percent, or if it will once again raise rates in its continuing effort to dampen inflation.
Investors | Sep 5, 2023 Oklahoma Teachers commits $100m to Oaktree real estate fund by Lewis Dayton The $20.7 billion Oklahoma Teachers’ Retirement System has committed $100 million to Oaktree Real Estate Opportunities (OREC) Fund IX.
Research | Sep 5, 2023 187,000 new jobs added in August continues to signal an easing labor market by Lewis Dayton The U.S. economy added 187,000 jobs in August, in line with consensus estimates, and the unemployment rate rose by 0.3 percentage points to 3.8 percent, as the number of unemployed persons jumped by 514,000, to 6.4 million.
Unlocking Australia’s real estate debt opportunity by Mark Power and David Porter Commercial real estate private credit is a proven investment strategy uniquely positioned to provide reliable income, attractive risk-adjusted returns and portfolio diversification. The asset class can also provide a strong hedge against inflation, acting as a defensive safe haven in the current market conditions.
Is there a stable risk-return trade-off with portfolio diversification strategy? by Dr. David Rees Through the global financial crisis and the COVID-19 pandemic, both out of a clear blue sky, real estate has not obviously offered diversification benefits to global investors. In fact, real estate has been at the epicenter of both 21st century shocks.
Adaptations emerge in the marketplace for real estate joint ventures by Peter Scherer, Joseph Nania and Joseph Theall As the investment climate has evolved, a growing number of alternative structures have emerged. The basic theme is a push by institutional investors toward vertical integration.
Have apartment rents reached a peak? by Loretta Clodfelter Apartment rents rose dramatically in recent years, but the pace of growth is clearly decelerating. What does the future hold for the multifamily sector, and has rental growth reached the breaking point?
Transactions | Sep 1, 2023 LOGOS acquires newly built logistics facility in Yeoju, Korea by Released LOGOS has acquired a newly built logistics facility in Yeoju, Korea.
Research | Sep 1, 2023 South, Sun Belt office markets continue to outperform by Andrea Zander The South and Sun Belt regions continue to outperform on the margin, though occupancy did see further declines in second quarter.
SPONSORED: PATRIZIA — Europe real estate enters ‘decarbonization cycle’ by Jennifer Babcock In the current European real estate market, portfolio construction should be focused on income resilience, while retail and office selectively offer value-added and opportunistic investment opportunities.
Without better datasets flood risk assessment and management will struggle to improve by Marek Handzel Without better datasets, enhanced analysis methods and consistent regulatory frameworks, flood risk assessment and management will struggle to improve, writes James Wallace.
SPONSORED: Nuveen Real Estate — Construction starts are down but certain industrial sectors are still performing well by Jennifer Babcock Even though demand for industrial overall is moderating, it is still high compared with historical standards.
SPONSORED: KKR — Finding opportunities in a bifurcated market by Jennifer Babcock In a real estate investment market made sluggish by illiquidity and the rising costs of capital debt servicing, some sectors, such as office and retail, are experiencing correction and repricing, while housing and retail sectors still show promise for strong performance.
SPONSORED: Ardian — European mixed-use investing more advantageous than office by Jennifer Babcock Mixed-use assets in Europe offer investors lower leasing risk and lower exit risks than office assets, according to a report by Ardian’s Daniel Noeltner, director in the real estate team.
Investors | Sep 1, 2023 Ohio Police & Fire commits $75m to Alterra IOS Venture III by Lewis Dayton Ohio Police & Fire Pension Fund has committed $75 million to Alterra IOS Venture III, a fund managed by Alterra Property Group.
SPONSORED: EG Funds Management — What investors need to know before entering the Australian market by Jennifer Babcock There are definitely income-generating opportunities for institutional real estate debt investors to be found in Australia, but investors would be wise to be prepared to view them through the lens of equity, according to report by EG Funds Management.
SPONSORED: UBS Asset Management — Private market real estate investing attracting plenty of institutions by Jennifer Babcock While the private real estate investing market has taken a hit due to higher interest rates, Paul Guest, senior portfolio manager with UBS Asset Management, Real Estate & Private Markets, expects markets to stabilize toward the end of 2023.
Investors | Sep 1, 2023 Texas Municipal Retirement commits a combined $125m to two real estate funds by Lewis Dayton Texas Municipal Retirement System has made commitments of $125 million each to Virtus Real Estate Capital (VREC) IV and Stockbridge Value Fund V, two real estate funds that focus on markets within the United States.
Investors | Sep 1, 2023 Nevada Public Employees reports a 9.1% gross return for fiscal year 2023 by Lewis Dayton Nevada Public Employees’ Retirement System, with roughly $58 billion in assets under management, reported a gross return of 9.1 percent for the fiscal year ending June 30, 2023.