Labour’s new planning and housebuilding proposals will boost demand for space and increase rental growth in the country’s logistics market, write DTRE’s Robert Taylor and Will Elvidge.
The pension plan is targeting 'niche-type products' from experienced managers with a 'strong sourcing network.'
The pension fund committed $1bn to overseas direct real estate funds within six months last year.
Real estate equity, debt and advisory professionals have responded to the Labour Party’s landslide.
A recovery in activity levels is forming as institutional appetite turns positive during the first half of 2024, says James Jacobs, head of real assets for Lazard’s private capital advisory group.
Five executives at the California-based investment manager have assumed new roles as two other professionals have left the firm.
The country’s biggest pension plans are undergoing significant changes that could have wider implications for their real estate investment activity.
He believes investors will want to capitalize on strong risk-adjusted returns for credit investments before rates come down later this year.
The joint venture marks the first time the firm has set up a direct investment vehicle with a single institutional investor.
The largest US pension fund eyes non-core funds for its next round of allocation to the asset class.