Could the largest valuation reset in the asset class since the global financial crisis create a compelling opportunity for institutional investors?
The pension giant’s latest ventures in Brazil and South Korea bring its January deal total to four.
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.
Economic growth, improving real estate fundamentals could drive a moderate recovery in real estate investment activity.
While the industry is forever changed following the pandemic, portfolio managers expect a rebound ahead.
The deal marks the first Australian investment by U.S.-based real estate manager Hines.
As redemptions dwindle, BREIT makes acquisitions and banks on falling rates.
Morgan Stanley’s Bluhm notes that lodging deal activity is picking up amid lowering rates.
The $1.44 trillion Government Pension Fund Global has been investing in office real estate in the area since 2013.
