Real estate funds likely to be squeezed as the commercial real estate market may face ‘double whammy’ of lower occupancy and higher interest rates, family office investors and other asset allocators say.
Having local partners in overseas markets means the Korean pension fund has continued its direct alternatives investment drive even during Covid-19. The focus now is on broadening these partnerships, its CIO tells AsianInvestor.
Driven by gains in the value of existing real estate and new development, Asian investment property is likely to lead the world over the next decade, Hines says.
Stakeholders across the global industry are failing in their responsibilities, says property investor Allianz Real Estate’s chief sustainability officer.