Property Funds World Newsletter

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NEWSLETTER | 5 Mar 2020

Outflows from property funds slow as real estate provides a 'safe-house' in turbulent times…

This week we focus on some positive news for property funds – or rather less negative news than has become the norm in recent months – with figures from global funds network Calastone suggesting that outflows reduced to a 'trickle' in February. The suggestion is that investors see property as something of a safe haven from current market volatility.

There's more positive news to report on too including a 16 per cent year-on-year increase in AUM for Allianz Real Estate to a record EUR73.6 million, plus the completion of over USD35 billion in transactions by PGIM's real estate business in 2019.

Elsewhere, we report on a LendInvest's new green finance initiative to fund sustainable property improvements, plus a study from Aviva Investors identifying renewable infrastructure and long-income real estate as the best relative value investment opportunities.

Property Funds World

Property fund outflows slow to a trickle in February, as investors seek out safe havens from stock market convulsions

Thu | 5 Mar 2020, 12:00

Property funds enjoyed their best, or rather least-worst, month since September 2018, according to the latest fund flow index from global funds network Calastone.

Thu | 5 Mar 2020, 12:00

Allianz Real Estate, the real estate investment and asset manager of the Allianz Group, saw its assets under management (AUM) increase to EUR73.6 billion as at the end of 2019, a rise of 16 per cent year-on-year.

Thu | 5 Mar 2020, 12:00

UK-based non-bank property lender LendInvest has launched its first green finance initiative.

Thu | 5 Mar 2020, 12:00

The real estate businesses of PGIM completed over USD35 billion in transactions worldwide in 2019.

Thu | 5 Mar 2020, 12:00

Renewable infrastructure and long-income real estate look to offer investors the best relative value opportunities in the real assets universe over the medium-to-long term. This is according to the inaugural Real Assets House View from Aviva Investors, the global asset management business of Aviva.

Thu | 5 Mar 2020, 12:00

Cresset and Diversified Real Estate Capital have held the close of their first Qualified Opportunity Zone (QOZ) fund, the Cresset-Diversified QOZ Fund (Fund I), after raising the USD465 million in capital needed for the portfolio and the seven underlying projects.

Thu | 5 Mar 2020, 12:00

Edmond de Rothschild has renamed its three European real estate businesses under one brand: Edmond de Rothschild Real Estate Investment Management (REIM).