Real Estate News

REAL ESTATE

October 7th, 2024

New Mexico SIC unleashes new private market plans

The $523.5bn system reveals 2025 plans for its real estate, private equity and infrastructure plans, amid new commitments.

REAL ESTATE

October 3rd, 2024

Colorado PERA finds opps in RE, PE and PC, amid a new strategic study

The pension plan makes changes with a hope to reach 100% funded status, highlights soft strategy targets for private credit for its first allocation.

REAL ESTATE

September 20th, 2024

Illinois Police issues RFP for investment consultant search

The $10.8bn system is looking for a consultant to build out its private markets portfolio, especially private equity, private credit, real estate and infrastructure. The system aims to choose a consultant by early 2025.

REAL ESTATE

September 16th, 2024

Real Estate provided positive results for a state fund, here's how it invested

Multiple allocators are seeing a downfall in their fiscal year returns due to real estate, will this change next year?

REAL ESTATE

July 22nd, 2024

Illinois Teachers searches for a real estate and real assets consultant

The current consultant StepStone’s contract will expire at the end of this year.

REAL ESTATE

July 8th, 2024

Milwaukee ERS makes new $50m commitment to real estate

The $6bn pension fund has invested in data centers through the Harrison Street fund.

REAL ESTATE

June 28th, 2024

Virginia Retirement System discloses its recent commitments to its private equity and real assets portfolio

The $113bn system has most recently made $575m commitment to its RA portfolio and $300m to its PE portfolio, as shown in the June meeting materials.

REAL ESTATE

June 24th, 2024

State Teachers Retirement System of Ohio plans strategic moves for fiscal year 2025 within its real estate portfolio

The $94 billion pension fund will focus on direct investments in apartments and industrial sectors and will look to reduce allocations to office sector.

REAL ESTATE

June 24th, 2024

Ohio Police and Fire Pension Fund has made new commitments to its real estate and private credit sleeve

The $18.2 billion system has made two commitments of $50 million each to its private credit sleeve and one commitment of $75 million to its real estate sleeve.

REAL ESTATE

May 1st, 2024

Exclusive Interviews from the Sidelines: 8th Annual Real Estate Midwest Forum

Watch our exclusive video interviews from the sidelines of our 8th Annual Real Estate Midwest Forum. With a focus on actionable investor content, this event was a melting pot of insights aimed at propelling the real estate investment industry forward in the Midwest. Find out what the leading minds in institutional real estate had to say about diversity, ESG, and how challenging times can offer remarkable opportunities in niche real estate.

REAL ESTATE

April 22nd, 2024

Maryland’s CIO Andrew Palmer Plans to Invest in the Energy Transition Through His Infrastructure Portfolio

CIO Andrew Palmer is focused on opportunistic and value add strategies as he plans to grow his infrastructure sleeve

REAL ESTATE

April 3rd, 2024

Bob Fontana on Navigating Market Optimism and Caution in 2024

Actionable insights from Bob Fontana, Chief Investment Officer at Investors Trust Company, as he delves into the outlook for the 2024 markets, explores disruptive healthcare trends, shares thoughts on private credit, and discusses the evolving role of artificial intelligence in investment strategies.

REAL ESTATE

January 9th, 2024

Ontario Teachers’ Named Executive Managing Director, Real Estate

Ontario Teachers' Pension Plan (Ontario Teachers') is excited to declare the selection of Pierre Cherki as Executive Managing Director, Real Estate, starting from January 22.

REAL ESTATE

December 26th, 2023

Link Appoints John Saunders as Group Chief Investment Officer

Link Asset Management Limited (Link), the manager of Link Real Estate Investment Trust (Link REIT, stock code: 823), has announced that John Saunders will assume the role of Group Chief Investment Officer starting from March 4, 2024.

REAL ESTATE

December 21st, 2023

MAA Names Brad Hill as President and CIO

Mid-America Apartment Communities, Inc. (NYSE: MAA) has announced that Bradley Hill has been promoted to the position of President and Chief Investment Officer.

REAL ESTATE

December 21st, 2023

Nuveen Real Estate Expands European Team

Nuveen Real Estate, a major global real estate investment manager overseeing assets worth $152 billion, has bolstered its European debt team with the addition of two new senior hires.

REAL ESTATE

December 20th, 2023

Miguel Jauregui Joins Sands Investments Group as Managing Director

Miguel Jauregui has assumed the role of Managing Director of Capital Markets at Sands Investment Group (SIG), working from the company's Los Angeles office.

REAL ESTATE

December 14th, 2023

CIO Michael Beattie to Retire From Grosvenor

Grosvenor has announced the retirement of Chief Investment Officer Michael Beattie at the end of 2023. The responsibilities of the outgoing CIO will be distributed between Angela Biggs and Mark Purdy, both of whom will be elevated to Managing Director roles.

REAL ESTATE

November 19th, 2023

Kimberly Adams Will Join Clarion Partners as Managing Director

Clarion Partners, LLC, a leading real estate investment manager, has announced that Kimberly Adams will be appointed as a Managing Director in early 2024, joining the Firm's senior leadership team.

REAL ESTATE

October 6th, 2023

Making The Case for Diverse and Emerging Managers: A Conversation with Peter Braffman, Managing Director, Real Estate Investments, GCM Grosvenor

As the appetite for diverse and emerging managers increases, GCM Grosvenor creates a strong methodology, track record and checklist for finding top managers,

REAL ESTATE

November 21st, 2022

Amidst Deteriorating Market Conditions, Investors Lean on Essentials, Life Sciences to Navigate the Market

Rising interest rates, macroeconomic outlook pushes investors towards emerging strategies.

REAL ESTATE

November 9th, 2022

Florida SBA Finds Opportunity to Commit to PE Funds

Drop in alternative holdings allows SBA to back five funds, including one focused on digital assets.

REAL ESTATE

November 9th, 2022

GIC, Dream Industrial buy Canadian Summit Industrial REIT

Singapore SWF pays $4.4 bn for open ended public REIT

REAL ESTATE

November 9th, 2022

CPP Investments, Hamilton Pyramid JV Pens W Rome Acquisition

King Street Capital, Omnam Investment exit 162-room, renovated asset after 5 years.

REAL ESTATE

November 8th, 2022

Private Equity Drags Down CalPERS' Results

Program’s private equity program reports a loss, leads to restatement of year-end numbers .

REAL ESTATE

November 7th, 2022

Trinity Church Wall Street Seeds NYC Affordable Housing Fund

MSquared Affordable NYC Fund marks a first for Trinity.

REAL ESTATE

November 4th, 2022

Cadillac Fairview, Hines Pen $1.5B Aussie Build-to-Rent Partnership

OTPP real estate arm, Hines BTR scheme targets transit, employment hubs.

REAL ESTATE

November 2nd, 2022

TRS Texas HQ Sale in Downtown Austin Spotlights Institutional Demand for Positive Demographic, Labor Trends

Retirement system flips 200,000SF, $3 Million property it purchased in 1973 for $108 million

REAL ESTATE

November 1st, 2022

APG, CBC JV Pens Development Site Acquisition in Shanghai

Life sciences venture to develop R&D, manufacturing facilities in Qingpu by 2024.

REAL ESTATE

November 1st, 2022

University of North Carolina and NC State Each Generate Positive Returns

Third school in Research Triangle, Duke University, posts a 1.5% loss.

REAL ESTATE

October 26th, 2022

Mississippi PERS Focused on Reaching Value-Add Real Estate Target

Board approves commitment to Angelo Gordon Realty.

REAL ESTATE

October 25th, 2022

Alameda County Employees Retirement Association Poised to Expand Emerging Investment Manager Program

Currently comprising 5.4% of the portfolio, it can be expanded to 10% over the next 10 years.

REAL ESTATE

October 21st, 2022

SSE Energy, Oxford, M7 to roll out EV charging network in U.K.

Energy infrastructure firm to build 300 EV charging stations.

REAL ESTATE

October 21st, 2022

Renewable Fuel and Sustainable Energy Charge Up University of Michigan Endowment’s Return

U-M reports a gain of 2.2%, making it the third Big 10 school to post a positive number for fiscal year.

REAL ESTATE

October 20th, 2022

Norges Bank Investment Management Buys into U.K. Property Development

The Norwegian fund has entered into a joint venture with PSP Investments and Longfellow Real Estate Partners.

REAL ESTATE

October 18th, 2022

QIA-Backed Hospitality Venture Doubles Down on Senegal, sub-Saharan Africa

South Africa’s Kasada pens fourth hotel deal in Senegal.

REAL ESTATE

October 14th, 2022

Real Estate, Private Equity Propel Washington State Investment Board to Strong Fiscal Year

WSIB’s returns are currently second only to Oregon Public Employees Retirement Fund.

REAL ESTATE

October 13th, 2022

Rosalind Hewsenian Reflects on Building Helmsley Trust Investment Office & Pending Retirement

Poised to step down as CIO at the end of 2023 after 12 years, Hewsenian discusses career, including serving as a consultant to CalPERS and being a special ed teacher.

REAL ESTATE

October 13th, 2022

Moves over Past 10 Years Paying Off for School Employees Retirement System of Ohio

CIO Farouki Majeed sees benefits in switching away from hedge funds to private credit and infrastructure.

REAL ESTATE

October 11th, 2022

Q&A: Highlight on Hospitality Investments with Jonathan Martin

An interview with Maddi Heckman, Markets Group & Jonathan Martin, Anfield Hotel Advisors, LLC.

REAL ESTATE

October 7th, 2022

Teachers’ Retirement System of Louisiana Backs Five New Funds

System commits to three credit funds, a real estate fund and a private equity fund.

REAL ESTATE

October 6th, 2022

Teacher Retirement System of Texas Commits $800 Million to Funds

Bulk of capital deployed into two private equity funds and a real estate fund.

REAL ESTATE

October 5th, 2022

Texas County & District Retirement System’s Private Equity Investing Pace Has Slowed

TCDRS has committed a third of the capital it deployed in the sector in 2021.

REAL ESTATE

October 3rd, 2022

Arizona State Retirement System Ups Private Credit Target

System approves new asset allocation target that increases credit and public equity while lowering real estate and interest-rate sensitive strategies.

REAL ESTATE

September 28th, 2022

Endowments and Foundations Appear Poised to Increase Investing in Private Credit, Real Estate & Infrastructure

Study by KKR finds CIOs are looking to increase exposure to illiquid investments but want ones providing more upfront yields.

REAL ESTATE

September 22nd, 2022

Pennsylvania SERS Commits to Three Funds

System backs Two Ardian Funds and an Oak Street real estate fund.

REAL ESTATE

September 22nd, 2022

TRSL Commits to Real Estate, Distress Debt and Private Equity Funds

The $24.3 billion Louisiana system commits $425 million.

REAL ESTATE

September 19th, 2022

CalPERS Could Become a Big Secondary Buyer

System in rare position to not only pursue fund stakes, but also do more co-investing.

REAL ESTATE

September 19th, 2022

Connecticut Retirement Plans and Trust Funds Poised to Increase Investing in Private Assets

New asset allocation strategy ups target to private equity to 15%, doubles target for private credit to 10%.New asset allocation strategy ups target to private equity to 15%, doubles target for private credit to 10%.

REAL ESTATE

September 15th, 2022

Singapore’s GIC and Oak Street to Acquire STORE Capital for $14B

Investors in STORE Capital will receive $32.25 per share in cash – a premium of 20.4% to STORE Capital’s closing stock price as of September 14.

REAL ESTATE

September 13th, 2022

CalSTRS and KTCU Poised to Do Second Real Estate JV

Two teacher pension funds struck $500 million deal to invest in logistics centers in March.

REAL ESTATE

September 2nd, 2022

ADIA, Greystar Acquire Master Planned Community in South London

Plans for former Peek Freans factory site plans include 1.5k+ rentals, commercial space development.

REAL ESTATE

August 30th, 2022

Q&A: Seattle’s Jason Malinowski talks global real estate, institutional trends in the sector

Real estate diversification, treading lightly in Europe are key themes for CIO of $4 billion city pension.

REAL ESTATE

August 30th, 2022

Are Institutional Investors Poised to be Impacted by Rise of Retail PE Investors?

With investment firms seeking to attract trillions from smaller investors, large allocators could have co-investment opportunities, fee cuts reduced.

REAL ESTATE

August 29th, 2022

University of Chicago Selects New Head of Real Assets

Kate Carder has been promoted to replace Christopher Longee, who recently retired.

REAL ESTATE

August 26th, 2022

CalSTRS Seeking Individuals to Oversee Private & Public Market Activities

System posts listings for two new roles; individuals would report to Deputy CIO Scott Chan.

REAL ESTATE

August 22nd, 2022

China’s Country Garden Issues Profit Warning Amidst Property Sector Turmoil

Property giant warns of core net profit, net profit attributable to shareholders plunge in H1 2022.

REAL ESTATE

August 17th, 2022

Kentucky Public Pensions Authority’s New CIO Receives Sizable Challenge and Opportunity

Steve Willer tasked with bringing 10 funds into compliance with their asset allocation targets.

REAL ESTATE

August 17th, 2022

PIF, Cain International Back Second Doronin Luxury Hospitality Concept

The $900 million investment values Aman Group at $3 billion.

REAL ESTATE

August 15th, 2022

APFC, Apartment Investment & Management Company Sign $1B Multifamily Development Partnership

Alaska Permanent Fund Corporation to increase multifamily exposure in South Florida, Washington D.C. and Denver metros via joint venture.

REAL ESTATE

August 11th, 2022

APG Grows MaxCap, Aussie Real Estate Debt Exposure

Dutch pension fund doubles MaxCap exposure from 2019, secures $1.2 billion re-up option

REAL ESTATE

August 3rd, 2022

State of Rhode Island’s Investment Team Sees Departure, Promotions

Jonathan Popielarski leaving role as director of private assets; Justin Maistrow becomes deputy CIO.

REAL ESTATE

July 29th, 2022

Chicago’s Skilled Workforce Fuels CRE Boom in Fulton Market

Investors flock to West Loop, Chicago industrial at large.

REAL ESTATE

July 29th, 2022

Cadillac Fairview, Boreal IM JV Buy 15 Light Industrial Warehouses in the Netherlands

Ontario Teachers’ real estate arm, UK’s Boreal IM acquire industrial assets from Europa Capital.

REAL ESTATE

July 27th, 2022

Mortgage Boycotts Roil Debilitated Property Sector in China

State-backed developer, distressed debt asset manager to manage property bailout fund.

REAL ESTATE

July 23rd, 2022

New York State Insurance Fund Seeks Leader for New Alts Group

$20 billion fund is expected to focus on private equity, real estate, and private credit, according to job listing.

REAL ESTATE

July 20th, 2022

Paris-based URW, CPP Investments Secure $700M from Allianz, Helaba

Allianz funds sustainability-linked debt refinance for largest mall in Germany.

REAL ESTATE

July 20th, 2022

The Curious History of CAIA

Despite its modest origin, CAIA has expanded into a globally recognized designation, and alternatives are hardly alternative.

REAL ESTATE

July 11th, 2022

Rising Interest Rates, Ample Liquidity Lowers Returns on U.S. Multifamily

Experts agree the magnitude of the incoming slowdown in the multifamily sector will depend on the actions taken by the Fed in the second half of 2022.

REAL ESTATE

July 8th, 2022

CalSTRS Lays Out Plan for Cutting Investment Costs

Pension plan sees private equity co-investing as key component but needs the right people to execute.

REAL ESTATE

July 6th, 2022

APG, CPPIB Double Down on South Korean Industrial Venture with ESR

Dutch, Canadian pension funds back second round of fundraising for $2B industrial partnership.

REAL ESTATE

July 5th, 2022

University of Chicago’s Longtime Head of Real Assets Retires

Longee oversaw endowment’s real estate, energy and natural resource portfolio for 18 years.

REAL ESTATE

June 29th, 2022

New Mexico SIC Commits $177M to PE, Industrial Funds

State Investment Council votes unanimously on fund commitments, drops Franklin Resources

REAL ESTATE

June 22nd, 2022

Singapore, Dutch SWFs Back Euro Hospitality Concept

GIC, APG peg The Student Hotel value at $2.1B

REAL ESTATE

June 17th, 2022

Alternative Assets Veteran Garrison Retires from TCU

He spent 14 years at the endowment after leading private markets at Teacher Retirement System of Texas.

REAL ESTATE

June 15th, 2022

With Duke Realty Acquisition, Prologis Doubles Down on Southern California

Acquisition is the latest in a string of deals along the hot SoCal coastal market.

REAL ESTATE

June 2nd, 2022

Sunac Default Highlights Chinese Property Sector Distress in U.S., Europe

Investors adjust outlook for Asia property sector despite declining mortgage rates

REAL ESTATE

May 25th, 2022

TCRS Doubles Down on Global Real Estate, U.S. Industrial

Tennessee retirement system deploys $250M to Blackstone, EQT Exeter RE funds, agrees to exit Denver multi-family.

REAL ESTATE

May 23rd, 2022

Opinion Editorial: Real Estate as a Vehicle for Diversity and Inclusion

Given the unavoidable impact real estate has on our lives in order to satisfy need for space for various human endeavors, we are all in real estate--but few understand what it takes.

REAL ESTATE

May 13th, 2022

NYSTRS Goes Shopping

After netting 9.6%, Teachers' fund buys more shopping plazas.

REAL ESTATE

April 12th, 2022

Oregon PERF’s Private Equity Allocation Tops Public Equity for First Time

PERF has allocated 27% of its fund to private equity and 25.2% to public equities.