Allocation Strategy

Hines’ David Steinbach joins The PERE Podcast to discuss real estate’s cautious outlook for the year ahead.

The local government pension scheme pool, with around £65bn of potential LGPS capital, is expanding its capabilities ahead of seven more funds joining its client base.

In part one of a two-part series, The PERE Podcast looks at the top headlines from across 2025. This week, the team focuses on the major stories in real estate credit.

The world’s largest sovereign wealth fund will target platform and fund investments, as well as private residential strategies, for the first time.

The Malaysian pension fund’s head of investments and acquisitions for real estate sees supportive conditions in Europe for non-core deployment.

Outcomes related to affordability, safety and community are as material as carbon and energy efficiency to residential portfolios, according to Charles van Thiel, director of the Real Estate Standard at GRESB.

Consolidation among capital allocators is accelerating – and expected to further drive bifurcation among managers.

This episode of The PERE Podcast discusses ICG’s retrenchment from Asia, following a line of Western managers doing the same. We also speak to Goodwin Gaw, chairman of Gaw Capital, about his views on the current trend and the firm’s renewed focus on the region.

This year’s delegates heard exuberant statements from managers amid a belief that the worst for private real estate capital markets is ‘in the rearview mirror.’ Not everyone is convinced.

Founder Ron Dickerman expects his firm will begin deploying capital next year amid a ‘very intriguing’ time to explore real estate secondaries in the region.