Investors

Retail icons are being toppled, spelling major trouble for US shopping malls as a cascade of defaults looms.

Capital providers and their managers are seeking fresh pockets of value as fundraising in the sector dips.

With commercial properties shuttered and daily life shifted online, data-centric real estate has thus found itself higher on investor wish-lists.

Borrowers with financially engineered performances face covenant breaches amid a market correction, warns AXA IM – Real Assets’ head of research and strategy.

The German insurer will remain active in the asset class but will be reevaluating its underwriting and the types of investments it pursues.

‘In the current situation, it’s really tough to underwrite something,’ Rainer Komenda, the €80bn Bavarian pension investor’s head of real estate funds, tells sister title PERE.

The European asset manager’s real assets, structured finance and hedge fund businesses will combine to form the new entity.

Real estate investors say limited land supply is holding back the development of the urban logistics sector.

Investors are seeking out lower-risk alternatives to existing fixed income and real asset equity exposure, according to investment consultant bfinance.

For a number of reasons, one of the largest UK property funds remains the only such vehicle to have frozen trading in recent months.