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Pension Funds Consider Alternative Assets  
National Real Estate Investor - January 18, 2017  
Institutional investors, including pension funds, are stepping outside the box, beyond the core asset types of office, industrial, retail and apartments, to consider a growing menu of alternative real estate options..

Over €50 billion anticipated for real estate investment in 2017 
Property Magazine International - January 18, 2017 
A minimum of €52.6 billion of capital is expected to be invested in global real estate during 2017. This represents a total average target allocation of 11.5% for investors ­ a gain of 1.5% from current allocations. These results from the global Investment Intentions Survey 2017, published today by INREV, ANREV and PREA, underline a continuing strong appetite for real estate among institutional investors, despite continuing global economic and geopolitical uncertainty. 

The Trump Era’s Impact On Real-Estate Values  
Barron's - November 18, 2016  
Historically, real estate values have increased when interest rates are rising. Another way to put this is that real estate is negatively correlated to bond values. Between 1978 and 2014, real estate had a -0.27 correlation with investment grade bonds, according to a Pension Real Estate Association (PREA) study.

How Will Trump's Presidency Impact the Commercial Real Estate Industry?  
National Real Estate Investor - November 10, 2016  
The commercial real estate industry has long been a major force in local and national politics, but that relationship has reached a new height on Tuesday, when a commercial real estate developer with little track record in public service won the election to be the 45th President of the United States.

More Pension Fund Money Flowing to Commercial Real Estate
National Real Estate Investor - October 19, 2016  
Pension funds have been following a clear path of increasing allocations to real estate over the past several years. Despite signs of a maturing market cycle, it appears that most institutions are likely to maintain that same course in 2017.

What Real Estate Investors Are Bracing For Through Year-End
National Real Estate Investor - August 2, 2016  
Global capital markets volatility, a continued low interest rate environment and increased financial regulation are just some of the pressures real estate investors are facing at this point in the cycle, prompting strategy tweaks with a renewed focus on capital preservation.

Real Estate Keeps Rolling in 'Long Eighth Inning'
FundFire Alts - a Financial Times Service - July 27, 2016  
(Subscription to FundFire is required to view this article.)

Pension Funds Lower Expectations for CRE
National Real Estate Investor - July 6, 2016
Pension funds are continuing to rein in expectations for commercial real estate investment performance. In the second-quarter 2016 Consensus Survey Forecast, total returns declined to 8.4 percent across all property types, followed by an expected further slide to 6.8 percent in 2017 and 5.7 percent in 2018, according to the Pension Real Estate Association (PREA).

MSCI: Investors calling 'timeout' on US real estate
IPE Real Estate - May 19, 2016
US real estate has “cooled” to its slowest quarter in five years, according to MSCI. MSCI recorded a total return of 2.03% in the first quarter of 2016 in its PREA/IPD US Quarterly Property Fund Index-All Funds.

Will CRE Prices Grow This Year? Six Market Experts Weigh In 
National Real Estate Investor - March 4, 2016
Is "flat price growth in 2006" a consensus forecast among commercial real estate economists and researchers? Not quite. We surveyed six industry experts and while their forecasts ranged considerably, only a few were in line with the recent forecast offered by Morgan Stanley. Here are their rough projections for 2016.

Surge in capital heading for real estate in 2016, says survey 
Property Funds World – January 13, 2016
Investors will commit a minimum of EUR48 billion to real estate in 2016 globally – an increase of almost 13 per cent compared with last year’s EUR42.5 billion – according to the Investment Intentions Survey 2016, published by INREV, ANREV and PREA..

Real estate investment expected to rise 13% in 2016 with largest focus on Europe 
Pensions & Investments – January 13, 2016
Investors are expected to commit at least €48 billion ($52.4 billion) to real estate this year, an increase of almost 13% compared with 2015 expectations.

Tokyo, Sydney, Shanghai? Which city is the top destination for global real estate investors? 
South China Morning Post - January 12, 2016 
Global real estate investors will splash out at least US$57.9 billion this year and increase their portfolio weightings on the sector, finds a new survey.The annual survey, in its ninth year, was carried out by the Asian Association for Investors in Non-listed Real Estate Vehicles (Anrev), The European Association for Investors in Non-Listed Real Estate Vehicles (Inrev) and Pension Real Estate Association (Prea).

Real Estate Pros Gear up for Value-Added, Core-Plus Push
FundFire Alts - a Financial Times Service - December 16, 2015  
(Subscription to FundFire is required to view this article.)

Pension Funds Brace for Lower Returns  
National Real Estate Investor - November 18, 2015 
Pension funds have enjoyed a nice run of double digit returns on their real estate investments in recent years. But looking ahead to 2016, pension funds are dialing back on expectations and tweaking investment strategies to account for slower growth ahead. According to the Pension Real Estate Association (PREA) Q3 Consensus Forecast Survey, the total return for all property types is expected to drop from 11.5 percent in 2015 to 8.5 percent in 2016 and 7.2 percent in 2017.

Opportunistic Real Estate Surges in Bumper Year  
FundFire Alts - a Financial Times Service - October 21, 2015 
(Subscription to FundFire is required to view this article.)

PREA conference: Europe has bottomed out, says Blackstone's Gray  
Investment & Pensions Europe - October 5, 2015 
European real estate has bottomed out, while the Brazilian market is similar to India several years ago, Blackstone's global head of real estate told the Pension Real Estate Association (PREA) last week.

Brazil has opportunities for those up to the challenge, PREA conference speakers say  
Pensions & Investments - October 2, 2015 
Real estate and logistics investments in Brazil are on Blackstone Group and GIC Real Estate's shortlist of interesting opportunities, according to speakers at the Pension Real Estate Association's 25th Annual Institutional Investor Real Estate Conference in San Francisco on Thursday Oct. 1. (Registration required.)

Blackstone's Gray Says REIT Buyouts Loom as Markets Too Bearish 
Bloomberg - October 1, 2015
Stock investors are too bearish on U.S. real estate, and the market's decline likely will lead to more takeovers of publicly traded landlords in the industry, said Jon Gray, global head of real estate at Blackstone Group LP, the largest private equity investor in property worldwide. "There's a disconnect, and that creates opportunity for us," and other investors, Gray said Thursday at a conference sponsored by the Pension Real Estate Association in San Francisco.

Pension funds diversify global real estate portfolios
RENX - September 16, 2015
Canadian and American pension funds are geographically diversifying their real estate portfolios, according to panelists at a breakfast event hosted by the Real Property Association of Canada and the United States-based Pension Real Estate Association in Toronto last week.

Real Estate Buzzes with Manager Acquisitions
FundFire Alts - a Financial Times Service - September 16, 2015 
(Subscription to FundFire is required to view this article.)

Too much money creates its own problems
The Real Deal - August 2015
While raising capital has almost never been easier for private funds and REITs, it is increasingly difficult to find profitable investment opportunities in major markets like New York City.

Are Private Equity Real Estate Funds Losing Their Edge?
National Real Estate Investor - July 22, 2015
Real estate private equity funds have been enjoying tremendous success in recent years. Part of that success is clearly coming from stellar returns related to alternative investments. Yet intense competition and a maturing market may prompt both fund managers and investors alike to adjust expectations going forward.

Real Estate Firms Rule Top Alts Manager Rankings
FundFire Alts - a Financial Times Service - July 15, 2015 
(Subscription to FundFire is required to view this article.)

PREA forecast: 2015 returns revised upward
Pensions & Investments - June 11, 2015
Real estate experts have increased their return expectations for 2015. According to the Pension Real Estate Association's second-quarter Consensus Forecast, respondents' average expected return in 2015 is 10.6%, up from 9.8% when the survey was last conducted three months ago. (Registration required.)

Let the good times unroll
PERE - May 2, 2015
US real estate has enjoyed robust returns for the past five years, but that may be starting to change, writes Greg MacKinnon, director of research at the Pension Real Estate Association.

Realty investors flock afresh to apt., retail pools
Hartford Business Journal - March 30, 2015
Chastened by the most recent real estate collapse but hungry for better returns, investors across Connecticut and the U.S. are pumping money into new investment pools that are buying up commercial properties mostly outside this state.

Real estate investors forecasting 10% returns in 2015
Pensions & Investments - March 13, 2015
The average forecast return in 2015 for the NCREIF Property index is 9.8%, according to The Pension Real Estate Association's latest consensus forecast survey, released Thursday. That figure is up 70 basis points from last quarter's survey when the average return forecast for 2015 was 9.1%. (Subscription or registration required.)

Investors Develop Expanded Appetite for Value-Add Product
National Real Estate Investor - March 11, 2015
Investors do not always agree on how they define "value-add" investment. But one thing they can agree on these days is that they want more of it.

Investment Intentions - United States: Hunting in the backyard
Investment & Pensions Europe - March 10, 2015
PREA's survey shows that domestic investors have been priced out of the major markets in the US, but they are still looking to deploy capital. Greg MacKinnon reports.

PREA: NYC real estate still top pick for institutions
IP Real Estate - January 22, 2015
New York remains the most sought after real estate market in the US, according to the Pension Real Estate Association (PREA). The Investment Intentions Survey, carried out with INREV and ANREV, found that the East Coast city was the most preferred market for 86.3% of institutional investors in 2015.

PREA Members Forecast Improvement for CRE Industry in 2015
National Real Estate Investor - December 15, 2014
The good times for commercial real estate are likely to keep going a little longer, according to experts surveyed for the latest Consensus Forecast survey from the Pension Real Estate Association (PREA).

Real estate return expectations rise for 2015
Pensions & Investments - December 10, 2014
Real estate investors are forecasting a 9.1% total return for the NCREIF Property index in 2015, up from 8.6% from a quarter ago, according to the Q4 Pension Real Estate Association Consensus Forecast survey.

PREA Survey Shows Commercial Real Estate Growth Expected to Slow
Commercial Property Executive - September 15, 2014
The Pension Real Estate Association’s newly released results of its latest Consensus Forecast Survey of the U.S. commercial real estate market showed a positive outlook for 2014, although things are expected to slow down in the ensuing years.

CBRE Boosts Co-investing as Funds of Funds Fade
FundFire Alts - a Financial Times Service - September 17, 2014 
(Subscription to FundFire is required to view this article.)

Private real estate return expectations rise more than 1 percentage point from prior quarter
Pensions & Investments - September 9, 2014
The average forecast return for the NCREIF Property index in 2014 rose more than one percentage point from a quarter ago, according to The Pension Real Estate Association's latest consensus survey, released Tuesday.

PREA: 2014 private real estate return expectations rise during the quarter
Pensions & Investments - June 9, 2014
The Pension Real Estate Association on Monday released the latest results of its Consensus Forecast survey. The average expected total return for the NCREIF Property index in 2014 is 9.5%.

The real world: U.S. real estate performance
Pensions & Investments - May 12, 2014
How U.S. real estate has performed during the five years through March 31, 2014, according to the NCREIF Property index.

CBRE, Clarion Peg Industrial as Real Estate Growth Driver
FundFire Alts - a Financial Times Service - April 2, 2014 
(Subscription to FundFire is required to view this article.)

Salesforce.com Is Said to Plan Sale of San Francisco Land
Bloomberg - March 11, 2014
Salesforce.com Inc., the biggest maker of customer-management software, is preparing to put up for sale 14 acres (5.7 hectares) of land in San Francisco’s Mission Bay area.

US Real Estate Funds Draw Hungry Foreign Investors
FundFire Alts - a Financial Times Service - February 19, 2014 
(Subscription to FundFire is required to view this article.)

Projected real estate returns take optimistic turn
Pensions & Investments - March 11, 2014
Commercial real estate experts increased their return expectations for the asset class in 2014, according to the latest Pension Real Estate Association Consensus Forecast.