Investors | Oct 1, 2024 New Mexico SIC to restructure real estate portfolio, plans $1b of annual commitments to reach target by Kali Persall The New Mexico State Investment Council (NMSIC) has approved a new structure study for the council’s real estate portfolio, which seeks to narrow the core and core-plus strategies’ allocation ranges and to broaden the noncore strategy.
Transactions | Oct 1, 2024 Google to inject $1b in Thailand for data center, cloud region buildout by Kali Persall Google is planning to invest $1 billion to build a data center and public cloud region in Thailand, expanding its digital footprint in Southeast Asia.
Investors | Oct 1, 2024 Florida SBA increases real estate target allocation by Kali Persall The $198 billion Florida State Board of Administration (SBA) has upped the target allocation for its real estate portfolio from 9.6 percent to 12 percent and removed REITs from the portfolio.
CEE countries' industrial and logistics market remains poised for expansion by Maarten Otte Two decades ago, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Slovakia and Slovenia joined the European Union.
Brick-and-mortar finds new ways to check out, proving it is far from out of stock by Andrea Zander Shopping in person and experiential retail are not going to disappear, at least not any time soon. People enjoy it, and it is more practical in many instances, as well as being genuinely necessary for certain services.
From niches come riches as investors turn to new property types by Andrea Zander More institutional property investors are actively developing strategies and allocating portfolios to the niche markets, which might offer higher returns, and if not that, then at least some ballast to the undulations of the core sectors.
SPONSORED: Crow Holdings introduces investment program to deliver strategic liquidity solutions by Jennifer Babcock Solving partnership challenges is the focus of Crow Holdings Capital’s Partner Solutions investment program.
SPONSORED: Heitman – Today’s value proposition, diversification through alternatives by Jennifer Babcock The stressors in the real estate market due to high interest rates and inflation the past several years may mean some owners are under pressure to sell at a less opportune time in order to gain liquidity.
SPONSORED: Affinius Capital – European economy still buoys logistics real estate investment by Jennifer Babcock Even though volatility persists in the European economy, supply of logistics real estate still lags demand and fundamentals remain solid for the sector, according to a report by Karen Martinus, senior vice president, research and investments, with Affinius Capital.
SPONSORED: Brookfield – Aging population intensifies Australia’s housing needs by Jennifer Babcock Demand chronically outpaces supply in Australia’s living sector, and is currently exacerbated by increasing construction costs and a shortage of labor, according to a report by Joe Williams, senior vice president in Brookfield’s Real Estate Group.
SPONSORED: CapRock Partners – The industrial pure play by Jennifer Babcock There is some oversupply in some industrial markets, and land prices are still high, but a buying window is emerging for disciplined investors, according to Jon Pharris, co-founder and president of CapRock Partners.
SPONSORED: National Real Estate Advisors – How supply, demand and technological advancements driven by AI are affecting data center infrastructure and investment by Jennifer Babcock Real estate investors who can gauge where overall societal trends are headed have a greater chance of being proactive with real estate investments, rather than reactive.
SPONSORED: Clarion Partners – U.S. allocations to industrial real estate at record high by Jennifer Babcock Strong performance has attracted record-high investor attention and allocations to the industrial property sector.
SPONSORED: Hines – Adding value for both occupier and investor by Jennifer Babcock Getting more out of real estate space through creativity, sustainability and finding “pockets of value” in submarkets or micro-markets are some of the ways investors are adding value to occupiers and delivering value-added returns to investors in the current market, marked by a lack of transaction activity.
The growing subsector of industrial outdoor storage could be a smart addition to portfolios by Marek Handzel Open storage, or industrial outdoor storage (IOS) as it is also commonly referred to, is on the rise in Europe.
Research | Oct 1, 2024 What to expect from Asia Pacific real estate by Koichiro Obu The economic landscape across the Asia Pacific region remains challenging, with consumption expenditure moderating from the post-pandemic surge and higher cost-of-living pressures weighing on households. Despite these headwinds, bright spots persist, including signs of a turnaround in global trade and easing inflationary pressures.
The split-screen office world by Mard Naman The office sector has faced a torrent of bad news the past few years and lost its appeal for many investors. But the really bad news has been coming mostly from the United States and Europe. Asia Pacific office? It is not nearly as bad and has more positive trends going forward.
SPONSORED: UBS Asset Management – Farmland proving resilient and durable by Jennifer Babcock Farmland produces returns from appreciation as land values increase as well as income from rents paid by farmland operators.
Transactions | Sep 30, 2024 Kennedy Wilson secures three new university-adjacent real estate financings totaling $184m by RELEASED Kennedy Wilson has recently closed senior construction loans for the development of three student housing projects totaling $184 million at the University of Wisconsin – Madison, University of North Texas and University of California, Berkeley.
Transactions | Sep 30, 2024 NEPI Rockcastle acquires Magnolia Park Shopping Centre in Poland from Union Investment for €373m by RELEASED NEPI Rockcastle has acquired the 100,000 square meter Magnolia Park shopping center in Wroclaw, Poland, from Union Investment in an off-market transaction.