As the commercial real estate sector completes a second year of the global pandemic, it’s no surprise investor surveys report a continued interest in commercial real estate debt vehicles. Not a single investor wanted to reduce their exposure to debt, according to the 2020 INREV/ANREV/PREA survey covering commercial real estate debt vehicles.

The widespread global adoption of defined contribution (DC) plans and the attendant freezing and/or termination of defined benefit (DB) plans has been a gradual, ongoing process — like a frog who finds himself slowly boiling in water, it may not feel very threatening until it’s too late.

Nuveen Real Estate has acquired a residential site at Castleforbes Business Park in Dublin in a joint venture with Eagle Street Partners and HESTA, the Health Employees Superannuation Trust Australia. The site comes with planning permission for a build-to-rent development of up to 702 homes.

South Korea’s National Pension Service (NPS) and Tishman Speyer have created NPS–Tishman Speyer Thematic Platform, a US$1.5 billion separately managed account focused on investments in real estate innovation and high-demand asset classes across major US markets.

Following a second quarter slowdown, fundraising activity stormed back in the third quarter of 2021, raising US$41.3 billion, the highest third quarter total ever — surpassing the US$37.17 billion raised in the third quarter of 2018 — and the fifth-highest quarterly total ever recorded in this 15-year data series, according to Institutional Real Estate, Inc’s IREI.Q database.