REAL ESTATE
Redemption requests for retail and institutional open-end real estate funds are on the rise as investors seek rebalancing and to lock in gains.
Yisroel Berg was promoted to chief investment officer-multifamily of Harbor Group International.
QuadReal Property Group took a stake in U.K. real estate development loan company Precis Capital Partners and also committed $1.2 billion for loans.
BlackRock suspended withdrawal requests from investors in its U.K. property fund, highlighting the sector's ongoing challenges.
Commercial real estate firms made a slight improvement in achieving a more diverse workforce, according to a survey by seven real estate groups.
Michael Nathan was named chief investment officer-office at real estate investment firm Harbor Group International.
Blackstone's real estate fund for wealthy individuals will limit redemption requests, a chilling indicator for the property industry.
Target allocations to real estate have risen to 10.8% in 2022 after returns rebounded in 2021.
M&G Real Estate hired Jones Lang LaSalle veteran Regina Lim as director, head of property research Asia.
Paul J. Nasser has been promoted to president of real estate manager and developer Intercontinental Real Estate.
