Townsend Group

The Cleveland-based advisory and manager is looking to tap into private wealth channels following the close of the deal.

Executives from Allianz Real Estate and The Townsend Group share the pros and cons related to the ongoing evolution of the private real estate industry.

Prashant Tewari, partner and member of the investment committee at the Cleveland-based firm, says prime office is a top priority despite sector uncertainty.

As covid-19 amplifies the exodus from big, expensive cities, institutional capital must decide if it wants to join the retreat or bet on a return.

The head of Brookfield Property Partners explains why the $550bn manager remains keen on retail and New York offices despite questions raised by covid-19.

Rent collection numbers are among the earliest indicators of how recent vintage funds may ultimately fare in light of the covid-19 pandemic.

Malaysia’s Employees Provident Fund and Townsend are among the investors in KaiLong’s second China real estate vehicle.

The Chicago-based manager is targeting a raise of $1.5bn in initial equity for the vehicle in the first three years.