REAL ESTATE
ESG assets made up 51% of real estate managers' U.S. institutional AUM, but processes for addressing some factors are still in the works.
Cadillac Fairview, Ontario Teachers' real estate subsidiary, added Christopher Lankin and Julian Neave to the firm's London office.
LaSalle IM and the Urban Land Institute called for industry standards for climate risk in real estate as current models are inconsistent.
Super funds holding the majority of AMP Capital Retail Trust shares decided to shift the management of its $1.8 billion to GPT.
Alexander Sadighi was named managing director and head of the real estate client partner group at Sculptor Capital Management.
Unitholders of the $5.2 billion AMP Capital Wholesale Office Fund voted to replace AMP Capital with Mirvac as trustee and manager.
Rachna Velamati has rejoined real estate manager Heitman in the new role of chief diversity officer.
Real estate returns for properties in the Sun Belt could falter due to climate change, managers say.
Money manager ICONIQ Capital made an unspecified minority investment in real estate manager Madison Realty Capital.
Legal & General Capital will partner with Ancora to create a $4 billion fund to invest in life-science and technology real estate development projects.
