In the property world, concerns surrounding environmental, social and governance issues, or ESG, have been mounting for decades, as the topic of global warming has graduated from physical science journals to headlines. With the COVID-19 pandemic, additional concerns have been placed before building owners regarding sanitation, air quality and public safety.
Institutional demand for the logistics sector is a global phenomenon that has been turbo-charged by a worldwide pandemic and its acceleration of some pre-existing trends. Australia is no exception, as global capital seeks access to what has historically been a tightly held sector until more recently, with many new entrants making a splash.
How has the COVID pandemic affected property markets in Tokyo, and how will the “new world economy” impact these markets? Undoubtedly, remote working, flexible schedules and decentralisation will affect all property sectors. The question remains, to what degree?
The exposure of conventional assets to the economic cycle, exacerbated by COVID-19, has led investors to allocate more capital towards alternatives. Senior living, thanks to its strong fundamentals and its countercyclical nature, is the perfect alternative to highly priced traditional assets.
Core values are essential to any successful business. They define the critical beliefs that guide decision making, responsibilities, and the basis for relating to each other and the outside world. In fact, they may be the most important thing underpinning your organisational culture.
As the saying goes, “History doesn’t repeat, it rhymes.” Thirteen years ago, the collapse of Lehman Bros in the United States sent shockwaves throughout the global financial system. In late September, those same markets were roiled amid growing concern China Evergrande Group — one of China’s largest property developers — would default on its massive US$300 billion in debt.
CBRE Investment Management has received total capital commitments of US$1.74 billion (including firm co-investments) from 13 institutional investors from EMEA, the Americas and Asia Pacific for CBRE Asia Value Partners VI (AVP VI).
Chicago-based Blue Vista Capital Management has formed a new joint venture with South Korean investment firm Koramco Asset Management and a second South Korean institution to invest in top-tier core student housing assets across the United States.