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data snapshot

Private real estate’s institutional investors are ready to engage with opportunistic strategies, and deals in the hospitality sector are an early target, writes James Jacobs, head of real estate for Lazard’s private capital advisory group.
Over 70% of larger institutions plan to raise or maintain their real estate allocation to the country in 2021, according to a new JLL report.
The global market for property investment portfolios grew by nearly 8% last year. The US led the way but China picked up steam.
The early years of the recovery following the global financial crisis saw investors embrace sector-specific funds to the greatest extent relative to their sector-agnostic peers. But that trend was short-lived and has not returned.
Institutions are optimistic about a quick return to normalcy but most are sticking with managers they know, two recent surveys reveal.
Swiss Life Asset Managers debuted in ninth place in this year’s ranking from the industry organizations INREV, ANREV and NCREIF.
Transactions fell out of contract in March at three times the normal monthly rate, according to RCA.
Closings at the end of the month for Blackstone's latest European opportunity fund and the latest pan-Asia opportunity fund of PAG Group meant a relatively high aggregate for private real estate fundraising.
China, Hong Kong and Singapore were the property markets most affected by the pandemic, with investment volumes plummeting by more than 60%.
Korean investors’ increase in outbound investing, growing appetite among Asian investors for alternative real estate and Paris replacing London were the notable trends from the broker’s annual research.

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