Proptech allows institutional investors to better select developments and acquisitions, and understand local and global markets. It also allows investors to closely monitor building construction and management, and to improve tenant relations and services. Proptech helps buildings go green more efficiently or to market for lessees. And, finally, it helps institutional property investors sell, finance and buy assets.
From the Current Issue
Even before the pandemic, investors were warming to the notion that we can no longer regard real estate sectors as a simplistic dichotomy between the traditional and the alternative. To that end, allocations and risk premiums must move in lockstep with this evolving view.
The office sector has arguably seen the greatest shift produced by the pandemic. Once the go-to investment for institutions with the money to play, office assets suddenly became a pariah thanks to COVID-19. No one wanted to share four walls, sealed windows and an A/C system with a bunch of loosely connected colleagues at the height of a mysterious and scary disease.
Shanghai is China’s most commercial and dynamic city, and a global megalopolis with a GDP higher than many developed countries. Driven by a mix of industries, its economic base is diverse and durable. Real estate development is being shaped by its evolution into a polycentric city, with distinct neighbourhood characteristics and top-level policy drivers that both support urban renewal and stimulate occupational demand.
Probably the most important decision you as investors ever have to make are about with whom to associate and work. In making those decisions, of course, it’s not about what potential partners say; it’s about what they actually do.
An investment manager’s track record and risk management skills top Korean investors requirements in manager selection, according to a January survey conducted by The Korea Economic Daily.
In the first nine months of 2021, fund sponsors had already equalled the 2020 12-month total for funds launched (156 funds), according to the IREI.Q database. It seems that the amount of new investment funds launched during the fourth quarter are cherries and sprinkles in the overall 12-month total for 2021.
The Canada Pension Plan Investment Board (CPP Investments) and Bengaluru, India–based RMZ Corp have formed a second joint venture to develop and own commercial office space in India. The total aggregate capital commitment by CPP Investments into the joint venture will be up to INR 26.5 billion (US$344 million) to support the development and acquisition of projects across India.
Singapore-based SC Capital Partners has launched a data centre platform, SC Zeus Data Centers, in partnership with a team of data centre experts led by Joe Gooi, CEO of the vertically integrated platform.