News & Analysis

As the most diverse region for real estate investors, the differing regimes of Asia-Pacific present a challenge for managers, especially where global capital is involved.

The debate continues about whether the market is shifting onshore, writes Victoria Robson.

Investors committed around $5bn of capital to Blackstone Real Estate Debt Strategies IV after the end of Q1 2020.

Karsten Kallevig, the executive who served in the position for a decade, has been appointed a special advisor while his previous job will not be filled.

Participants in PERE’s European regulation and domiciles roundtable discuss European managers’ efforts to avoid being engulfed by a rising tide of regulation.

Investors are finding underwriting office demand a challenge in the current environment. But once social distancing subsides that should change, according to James Jacobs, head of real estate for Lazard’s private capital advisory group.

By domiciling the fund in Luxembourg, the US-based firm raised all of the equity for the first close of its second commingled vehicle from the region.

Investors put more pressure on American managers than regulators today. However, data security and capital gains tax may prove more of a headache in the future.

Regulations meant to address the pandemic have introduced a new layer of complexity, sending owners and tenants scrambling, say JLL and LaSalle experts.

The property investment arm of German insurer Allianz has acquired two office buildings in Paris as a demonstration of its ongoing confidence in what many regard as a highly uncertain sector.