LONDON—According to a recent report, London based TH Real Estate is restructuring its US core fund and operations in response to investor demand for more specialized product types. The real estate giant is said to be remaking its TIAA-CREF Core Property Fund into the US Cities Fund series.
Chris McGibbon, TH Real Estate's Americas head, told one publication that the overall restructuring stemmed from investors' desire for direct investment opportunities, flexibility, and good performance, and was partially a response to the larger industry trend of fund sponsor concentration.”
He added that TH Real Estate's four feeder funds, along with the firm's larger slate of products, are attractive to managers seeking to reduce fees and complexity by allocating capital to fewer managers. “Nobody's going to pick us for everything, but if we can do four or five things for a lot of these global investors that have full alternative mandates, I think that's great.”
While GlobeSt.com did not get further information by deadline, we will follow up on the story as we learn more.
TH Real Estate is an established investment management company, specializing in real estate equity and debt investment worldwide. With a dedicated global presence including offices across Asia, Europe and the US, the Fund manages $96.3 billion of real estate assets across 50 funds and mandates.
By combining a global perspective with our dedicated local expertise in real estate, the Fund “works hard to deliver innovative investment solutions for our clients,” according to its website. With a focus on the retail, office, logistics, debt and residential sectors, TH Real Estate emphasizes sustainable practices to protect assets and maximize their value.
As for the firm's approach to investments, the fund management teams work closely with its clients to deliver investment performance that meets their objectives. “The teams operate within a defined investment process with established risk controls, accompanied by investment committee oversight. The investment committee comprises senior investment professionals together with representatives from our specialist teams.”
The firm's investment process is designed to draw on the knowledge and experience from across its global real estate business. “Our fund management teams benefit from the input of colleagues, with expertise in areas including research, transaction structuring, finance, treasury, responsible property investment and development. This allows us to fully consider investment activity undertaken on behalf of our clients at all levels, from property to the financial level, as well as any impact upon fund performance and associated risks.”
According to the firm's chief investment officer, Ray Adderley, “Our 'hands-on' approach to asset management, together with our defined investment process and established risk controls, enables us to deliver investment performance that meets the goals of our clients.”
LONDON—According to a recent report, London based TH Real Estate is restructuring its US core fund and operations in response to investor demand for more specialized product types. The real estate giant is said to be remaking its
Chris McGibbon, TH Real Estate's Americas head, told one publication that the overall restructuring stemmed from investors' desire for direct investment opportunities, flexibility, and good performance, and was partially a response to the larger industry trend of fund sponsor concentration.”
He added that TH Real Estate's four feeder funds, along with the firm's larger slate of products, are attractive to managers seeking to reduce fees and complexity by allocating capital to fewer managers. “Nobody's going to pick us for everything, but if we can do four or five things for a lot of these global investors that have full alternative mandates, I think that's great.”
While GlobeSt.com did not get further information by deadline, we will follow up on the story as we learn more.
TH Real Estate is an established investment management company, specializing in real estate equity and debt investment worldwide. With a dedicated global presence including offices across Asia, Europe and the US, the Fund manages $96.3 billion of real estate assets across 50 funds and mandates.
By combining a global perspective with our dedicated local expertise in real estate, the Fund “works hard to deliver innovative investment solutions for our clients,” according to its website. With a focus on the retail, office, logistics, debt and residential sectors, TH Real Estate emphasizes sustainable practices to protect assets and maximize their value.
As for the firm's approach to investments, the fund management teams work closely with its clients to deliver investment performance that meets their objectives. “The teams operate within a defined investment process with established risk controls, accompanied by investment committee oversight. The investment committee comprises senior investment professionals together with representatives from our specialist teams.”
The firm's investment process is designed to draw on the knowledge and experience from across its global real estate business. “Our fund management teams benefit from the input of colleagues, with expertise in areas including research, transaction structuring, finance, treasury, responsible property investment and development. This allows us to fully consider investment activity undertaken on behalf of our clients at all levels, from property to the financial level, as well as any impact upon fund performance and associated risks.”
According to the firm's chief investment officer, Ray Adderley, “Our 'hands-on' approach to asset management, together with our defined investment process and established risk controls, enables us to deliver investment performance that meets the goals of our clients.”
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Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
