Lisa Fu
As GRESB passes the 10-year mark, Lisa Fu puts the industry’s yardstick under the microscope
New York-based Pretium’s $1.5bn deal is one of the largest GP-led secondaries transactions recorded, as such deals account for a growing share of the market.
With SoftBank taking an 80% ownership stake in WeWork, landlords can expect a more creditworthy and stable tenant.
The real estate investment group of the German insurer saw its RE debt assets under management drop from €19.3bn in 2018 to €18.9bn in H1 2019.
Following positive return performances in 2018, family office allocations to the strategy increased by 2.1 percentage points – more than any other asset class.
The pension fund, among others, is concerned about the additional risks managers in the strategy are taking in order to meet higher return targets.
Tighter regulation of CMBS in the US has created opportunities for those willing to hold riskier bonds for long periods.
The pension fund, among others, is concerned about the additional risks managers in the strategy are taking in order to meet higher return targets.
Given a family office’s access to long-dated capital, real estate investments seem like a good fit. But management fees continue to be an area of contention.
Growth in the global real estate market was muted across almost all countries in 2018 because of currencies depreciating against the US dollar, according to a July report by MSCI.