Real Estate

SWFI First Read, August 29, 2016

Easier to Look for Pokemon Says Invest AD’s Sachin Mohindra In a August 24, 2016 interview on Bloomberg Markets Middle East, Sachin Mohindra, Senior Vice President at Invest AD, said that it is “easier to look for Pokemon, than to look for yields.” Mohindra discussed Invest AD’s allocation to Saudi Arabian equities and has invested […]


Follow the Money – Episode 18

In this brief episode, I focus on real estate, private equity and financial technology such as the Ripple protocol. I bring up some major news notes regarding Informatica’s planned IPO, German banks and shipping loans and wealth funds desiring to be more opportunistic. I also touch upon the latest private equity report on sovereign wealth […]


SWFI First Read, August 25, 2016

JPMorgan Wins Custodial Mandate from Club Plus Super Club Plus Super, a superannuation fund with more than A$ 2.2. billion in assets under management, selected JPMorgan as it custody and fund services provider. This was after a competitive tender process. Club Plus Super will transition its services to JPMorgan before the end of the year. […]


Qatar Investment Authority Invests in Empire State Realty Trust

The Qatar Investment Authority (QIA) acquired a 9.9% economic and voting interest in the Empire State Realty Trust Inc. through newly-issued shares. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


Ping An Invests in South SF Life Sciences Complex Development

Shanghai-listed Greenland Group led a group of investors to buy a 42-acre waterfront site in South San Francisco, California to be called The Landing at Oyster Point. The site is for a US$ 1 billion life sciences complex. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


Follow the Money – Episode 17

In this episode, I cover sovereign funds and pensions amplified interest in emerging market debt and the reasons why. I also discuss some of the ongoing issues and events associated with smart beta and factor-based investing. There is also coverage over developments with Kazakhstan oil, renewable energy investing and core real estate. I also brought […]


Top 3 Deadly Mistakes CalPERS Had Made in Institutional Real Estate

The California bear-of-an-investor has struggled with its public fund peers when it comes to real estate return performance. With roughly US$ 31.8 billion generously allocated toward real assets, the California Public Employees’ Retirement System (CalPERS) continues to compete for real estate in developed markets such as North America and Europe. Here are three major mistakes […]


GIC Hearts Manufactured Homes

Sovereign wealth funds are investing in nearly all levels of real estate, from parking meters to New York City skyscrapers. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


African SWF Partners with Manager for Properties and Farmland

Nigeria’s public finances have experienced a brutal beating as a collapse in oil revenues takes a toll on the government. The Nigerian government is now keen on attracting more long-term international capital into the West African country. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


Friday SWFI News Roundup, August 12, 2016

My Turn: CPPIB Looks to Open Sydney Office The Canada Pension Plan Investment Board (CPPIB) plans to formalize its existing operations in Sydney, Australia in fiscal year 2017 with a stand-alone CPPIB office. CPPIB has C$ 7.9 billion invested in Australia. Major Korean Asset Owners Contemplate Allocation to Cerberus RE Fund [ Content protected for […]


SWFI First Read, August 9, 2016

MENDING: RDIF Aims to Embark on Turkish-Russian Joint Investment Fund The Russian Direct Investment Fund (RDIF) is seeking to embark on a Turkish-Russian joint investment fund. In December 2014, RDIF inked a US$ 400 million joint investment for the building of centers of trade, commercial real estate and health facilities with Renaissance Holdings A.S., a […]


SWFI First Read, August 8, 2016

Ivanhoé Cambridge Invests in Another LOGOS Vehicle [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


India deals

Oberoi Realty Attempts to Lure Investors for Mall Venture

As more capital floods Indian real estate, developers are quickly taking advantage of demand. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


HKMA Acquires Stake in Salesforce Tower New York

Increasingly, more large asset owners are circling toward Manhattan office real estate. An investment entity controlled by the Hong Kong Monetary Authority (HKMA) acquired a 49% stake in a 41-storey Manhattan skyscraper. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


Follow the Money – Episode 16

In this episode, I get Nicholas Garrott’s insider perspective on post-Brexit, the future of the United Kingdom and asset owner European targets, from a macroeconomic expert who served under former London Mayor Boris Johnson’s administration. Garrott now works for Kyklos London. Kyklos London was founded by Dr Gerard Lyons. I ask Nicholas on his thoughts […]


SWFI First Read, July 26, 2016

TransCanada Mexican Pipeline Stake Lures Interest from Canadian Giants [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


SWFI First Read, July 25, 2016

Singapore Strategy, Robeco Plants Roots [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


NBIM Trims Logistics Portfolio, Sells Two East Coast Assets

Norges Bank Investment Management (NBIM), the manager of Norway’s sovereign wealth fund, has sold two U.S. logistics assets, in which it owned a 45% stake in both, that were initially acquired as part of its joint venture with Prologis. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. […]


SFERS Moves Large RE Mandate from Deutsche Bank to CIM

The San Francisco Employees’ Retirement System (SFERS) has moved a US$ 700 million separate account mandate in U.S. core and value-add real estate from Deutsche Asset Management to CIM Group. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


Friday SWFI News Roundup, July 22, 2016

CPPIB Exits Riocan Trust Property JV Riocan Real Estate Investment Trust will acquire the Canada Pension Plan Investment Board’s (CPPIB) interest in four properties. The trust will purchase CPPIB’s 50% interest for an aggregate purchase price of US$ 352 million. Sara Bonesteel Promoted to New Retirement CIO at Prudential [ Content protected for Sovereign Wealth […]