Investors have taken a beating on their CRE exposures, but analysts say the worst might be over, giving disciplined investors opportunities at attractive entry points.
The U.S. remains the biggest market, comprising 65% of AUM, according to the Thinking Ahead Institute.
In addition to the pension risk transfer stake, the Japanese insurer will acquire all of L&G’s U.S. protection business in a total $2.3 billion deal.
Norges Bank Investment Management, manager of the world’s largest sovereign fund, released its 11th annual responsible investment report, highlighting progress in its climate action plan.
Economic growth, improving real estate fundamentals could drive a moderate recovery in real estate investment activity.