The Dutch pension investor is underweight in the sector relative to target and sees Japan, living and selective office recovery as key areas for future deployment.
The commercial real estate (CRE) debt risk spectrum presents a range of opportunities for lenders. In this piece, Wellington Management examines the transitional lending market, highlighting what makes these assets attractive across market environments and how transitional CRE debt allocations fit within portfolios.
From Tokyo apartment buildings to student housing in Sydney, real estate watchers are upbeat on the APAC real estate sector this year, although office space remains lacklustre.
Canada Pension Plan Investment Board has joined a consortium set to invest as much as 112.7 billion yen ($719 million) in hospitality-related assets across Japan.
The region's property market is set to post a modest recovery in 2026 but possible inflation shocks and the impact of AI on office space demand hang over the sector.
With living and data centres drawing capital while China logistics and parts of industrial lagging, investors must be selective amid tighter pricing and development risks.
More than half of APAC investors say market conditions in infrastructure are improving, far surpassing the global average of 40%, a new fund manager survey says.
Asset owners in APAC reported a 100 basis point drop in target allocations to real estate in 2025, marking the steepest decline among their global peers.