The manager acquired a non-controlling stake in a US portfolio assembled by public REIT Safehold, which has options to reacquire it after seven years.
The country's institutions are recalibrating their core-heavy strategies to focus more on value-add opportunities.
The endowment is also optimistic about resilient office assets and a market rebound amid renewed leasing momentum.
The manager has secured more than $650m across a global program focused primarily on GP-led secondaries but seeded with an LP-led fund portfolio.
Asia head of alternatives Albert Yang sees property coming back after a challenging period for the asset class.
The California pension giant committed $6.3bn to real estate funds altogether last year.
The executive at the Houston-based manager believes the vehicles are problematic not just for investors but for the industry overall.
The Korean investor is leaning into club deals, SMAs and direct investments to sharpen strategy, cut costs and speed up investments.
The Singaporean insurer is exploring new investment strategies – including credit – to optimize returns in a higher cost environment.
If met, the fundraising goal for the manager’s latest flagship vehicle would place it among the largest single-sector funds ever raised.