Commercial Real Estate by the Numbers
The market is facing in a period of stagnation, muted property transaction activity, a supply-demand imbalance and lingering public-private real estate valuation challenges.
News
Abu Dhabi, Vietnam SWFs Strike Deal to Seek Co-Investments
The agreement follows an October 2024 agreement between Vietnam and the United Arab Emirates to remove nearly all tariffs on each other’s exports.
CPP Investments Assets Reach $490B After Big Quarterly Gain
Canada’s largest pension fund returned 3.8% last quarter and has returned 8.6% over the nine-month fiscal year-to-date period.
Corporate Pensions Continue Funding Surplus Rise in January
Strong markets, steady discount rates push funded status higher and higher.
NYSCRF Bulks Up on Real Estate Investments in December
The $275 billion pension giant committed more than $2 billion in total for the month.
MassPRIM Reports 9.1% Return in 2024, Assets Reach $109.7B
PRIM’s returns in 2024 were driven by a boom in equities.
UK’s People Pension Creates In-House Adviser
The workplace master trust’s investment team has nearly doubled in a little more than a year.
Target Faces Another Lawsuit Related to ESG, DEI ‘Risks’
A police pension fund in Florida claims the company deceitfully hid the potential financial risks of celebrating Pride Month.
Canadian Pension Fund BCI Offers to Take Infrastructure Manager BBGI Private
The Luxembourg-based manager could be acquired for $1.31 billion.
Insurers Continue to Seek Greater Private Markets Exposure
According to Conning’s annual insurance investment risk survey, insurance investors are far less concerned about inflation than in recent years and are piling into private assets.
Global Retirement Assets Reach $58.5T, Led by Defined Contribution Growth
The U.S. remains the biggest market, comprising 65% of AUM, according to the Thinking Ahead Institute.
Legal & General to Sell 20% Stake in PRT Business to Meiji Yasuda
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.
NBIM Touts Governance, Activism Track Record in 2024
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.
Mercer Super Appoints TelstraSuper’s Miller as CIO
Based in Melbourne, Graeme Miller will be the first dedicated CIO at $46.34 billion Mercer Super.
Tech Rally Buoys Norway Sovereign Wealth Fund’s 13% Return
Despite missing its benchmark, the gain raised the world’s largest pension fund’s asset value to almost $1.75 trillion.