Global insurers want to increase investments in commercial warehouses as their stakes in office space become riskier because of employees working remotely during the novel coronavirus pandemic, Goldman Sachs Asset Management (GSAM) executives said. The pandemic is hastening a shift …
It was a tricky time for the commercial real estate business in London. Within days, Britons would be voting on whether to remain in the European Union or leave. The French insurance giant AXA SA was trying to figure out …
Insurance brokerage and consultant Aon has completed its acquisition of The Townsend Group, a global investment management and advisory services firm primarily focused on real estate and real assets. Aon reported in September that it had agreed to acquire Townsend …
China’s Anbang Insurance Group Co. is in talks to buy as much as $2.3 billion in Japanese residential property assets from Blackstone Group, two people involved in the discussions said, in what would be Japan’s biggest property deal since the …
China’s Anbang Insurance Group Co. is set to purchase an office and retail tower in downtown Toronto that counts the Government of Ontario as a major tenant, according to people familiar with the deal. Anbang is close to an agreement …
The run on British property funds has drawn attention to the vulnerability of the commercial real estate sector, largely funded by domestic banks and building societies but increasingly by foreign banks and insurers. UK banks and building societies had around …
Allianz Real Estate is set to make its biggest Asian investment to date, in a first step toward adding as much 3 billion euros ($3.3 billion) of real estate in the region within three years. The $150 million pan-Asian fund …
AXA SA’s real estate unit is awaiting the outcome of the Brexit referendum before deciding whether to proceed with a plan to build the tallest tower approved in the City of London. “We have not launched the project because we …
Zurich Insurance Group AG, Switzerland’s largest insurer, is about to make its first investments in European direct lending, including infrastructure debt. The insurer wants to lend to small to medium-sized European companies and commercial real estate owners to finance infrastructure …
Stanislav Kuznetsov has a headache like no other: it measures 780,000 square metres and covers a large expanse of Russian mountainside. The Gorky Gorod resort in the snowy Caucasus peaks above Sochi was packed during the Winter Olympics. Now the …
