Allocation Strategy

For most family offices investing in real estate, the fund model is broken, according to a panel at today's conference.

The bulk of the capital will be going toward establishing a new program to help real estate emerging managers transition to larger direct relationships.

A fund manager survey conducted by INREV has indicated that sovereign wealth funds and pension funds reduced their investment activity last year, while other private investors ramped up their exposure.  

Norway’s $870 billion sovereign wealth fund is planning to open an office in Japan this year.  

 More than half of the capital will be going into non-core real estate, with a focus on niche strategies in the new fiscal year.

AustralianSuper has made its second US property investment in less than two months, with the acquisition of a part stake in a Boston office tower.  

Real estate comprised the highest share of the Korean state investor’s alternatives portfolio, according to its 2014 annual report.  

Middle Eastern institutional investors, led by private wealth and private equity funds, invested $14 billion in overseas real estate last year down from $16 billion in 2013.  

The real estate arm of Canada’s second largest pension fund has partnered with the Blackstone Group to acquire a Sydney office tower for A$240 million.  

Inbound investment into real estate in Asia will record higher growth volumes as compared to outbound investments in 2015.