La Caisse de dépôt et placement du Québec’s real estate arm, Ivanhoé Cambridge, and QuadReal Property Group are investing up to US$800 million in a logistics venture in India. The venture, a partnership between real estate logistics specialist LOGOS Group and Indian construction company Assetz Property Group, was first announced in August 2017. Focused on developing […]
But smaller plan sponsors are having trouble getting there.
Think real estate is overvalued? Then you need to take a closer look...
Using global real estate strategically can help enhance diversification, manage overall portfolio risk and insulate overall portfolios from future market shocks, according to Tracey Luke, senior director of product management at Invesco Ltd., speaking at the 2017 Global Investment Conference. Institutional trends around the globe are pointing to an increase in allocations from institutional investors in […]
The Alberta Investment Management Corp. and the Public Sector Pension Investment Board are partnering with Starlight Group Property Holdings Inc. to acquire a multi-family property in Denver for US$1.3 billion. Besides Denver, the partnership aims to acquire Class A, recently constructed, multi-family communities in the suburban markets of Atlanta; Dallas and Austin, Texas; Orlando and Tampa, […]
The real estate arm of the Ontario Municipal Employees Retirement System will acquire the Sony Center in Berlin for $1.6 billion (1.1 billion euros). In partnership with Madison International Realty, the investment marks Oxford Properties’ first foray into the Berlin market. The Sony Center is a 112,000-square-feet, mixed-used complex in Potsdamer Platz. It comprises eight […]
Pension plans have developed an appetite for real assets in recent years, but what does the term actually include? In response to demands from asset managers for more information about real assets, the S&P Dow Jones Indices created a benchmark index for the area in 2015, said Jodie Gunzberg, the organization’s managing director of product management. “We […]
The Canada Pension Plan Investment Board has completed the sale of its 50% ownership interest in Constitution Square, an Ottawa office property. The property was sold to Greystone Real Estate Strategy and Canderel with net proceeds of about $240 million before closing adjustments. At June 30, 2017, the CPPIB’s real estate assets totalled $40.9 million. […]
While fads usually refer to fashion, food, music and even hairstyles, we don’t often talk about them in the context of investments. Right now, however, mortgage investments are one of the hottest asset classes. One of the first mutual funds in Canada, launched in 1974, was a fund that invested in insured housing mortgages. At the time, […]
Four years ago, some investors were hesitant to invest in India due to poor economic fundamentals, currency depreciation and government bureaucracy. But while many hit pause on making investments, long-term institutional investors like the Canada Pension Plan Investment Board ignored the pessimism and started putting plans in motion for future ventures. “Before [Prime Minister Narendra] […]