Allocation Strategy

Despite the coronavirus’s deep impact on the market, foreign and domestic investors are bullish on a US recovery, according to a survey conducted by the Association of Foreign Investors in Real Estate.

Carnegie Corporation’s Alisa Mall called committing to new managers 'the equivalent of getting engaged to someone you’ve only talked to on your screen.'

With commercial properties shuttered and daily life shifted online, data-centric real estate has thus found itself higher on investor wish-lists.

During its first-quarter earnings call, the New York-based mega-manager said it had $44bn to deploy in real estate when opportunities arise.

The Canadian pension investment corporation has closed on a $421m development joint venture with a Florida-based apartment developer and operator.

Departing CIO John Skjervem acknowledged that OPERF is losing money but is still likely to outperform its peer group due to its diversified portfolio.

After its most recent transaction, Harrison Street still has $2bn of dry powder to deploy in healthcare real estate through the coronavirus disruption.

The German insurer will remain active in the asset class but will be reevaluating its underwriting and the types of investments it pursues.

‘In the current situation, it’s really tough to underwrite something,’ Rainer Komenda, the €80bn Bavarian pension investor’s head of real estate funds, tells PERE.

The findings of CBRE’s fourth-quarter capital markets report show a steep decline in entity-level deals in the US last year.