Nuveen

Investors want to participate in community development projects, rather than just turn over units, and they can easily discern between the two.

The age of the generalist real estate fund is over for all but a few. In its place, single-sector funds and specialist operators have emerged to meet investors’ evolving needs.

This fund launch represents a key milestone in Link’s broader strategy to transform into a prominent third-party capital manager.

Had the £322m deal for the Can of Ham building proceeded, it would have been one of London’s largest office transactions in years.

While top-level appointments typically involve internal promotions or external hires, recent moves have favored the former.

Current property boss and long-time executive Chris McGibbon will retire after nearly 24 years with the company.

Kelvin Cheung will lead the fund management business at alternative investment firm Sun Hung Kai & Co, Private Equity Real Estate has learned.

Now is a good time to deploy capital in the region’s real estate markets, say participants in PERE’s European roundtable. But political risks still cloud the outlook.