As the era of cap rate compression draws to a close, how can institutional investors maintain the outsized returns they’ve enjoyed for over a decade? Over the past 15 years, the growing popularity of real estate in institutional investment portfolios has increased against the backdrop of a sustained decline in yields, called cap rate compression. […]
The Caisse de dépôt et placement du Québec is investing a further US$75 million in Azure Power Global Ltd., an independent solar power developer in India. Once the deal is approved by Azure shareholders, the investment will raise the Caisse’s stake in the company, from 41.4 per cent to 49.4 per cent. In October 2018, […]
A new Canadian core real estate fund has attracted more than $1.25 billion in equity commitments in its first subscription tranche, materially exceeding targets. RBC Global Asset Management’s Canadian core real estate fund was announced in March 2019, along with the British Columbia Investment Management Corp. and QuadReal Property Group. The fund brings together more […]
The Canadian and U.S. real estate markets are expected to show strong performance in 2019 and into 2020, according to a new report by LaSalle Investment Management. “This stability does not extend to every facet of either market, but core values should demonstrate resilience, despite the potential challenges of inflation and late-cycle anxiety that have […]
The complicated relationship between real estate and interest rates makes it important to know the role different types of properties play in a portfolio and to use public real estate for liquidity to keep a focus on core property, said Derek Warren, vice-president at Lincluden Investment Management, during a session at the 2018 Defined Benefit […]
Coverage of the 2012 Real Estate Investment Summit