REAL ESTATE TECHNOLOGY
businesswire | December 21, 2020
Russell Investments, a main worldwide speculation arrangements accomplice, declared today that South Korea's public benefits store, the National Pension Service (NPS), has collaborated with the firm for US$1 billion worldwide recorded land order. This is the second Global Real Estate Securities (GRES) order granted by NPS to Russell Investments as a feature of their longstanding relationship
“We’re very honored that our dynamic client NPS has extended their trust in our ability to deliver a beneficial listed real estate solution,” said Global Chief Investment Officer Pete Gunning at Russell Investments. “NPS has been actively engaged in the cutting-edge real estate asset class, even amid the COVID-19 pandemic, and we share their commitment to this increasingly important asset class.”
“We are excited to further expand our listed real estate capability to capitalize public real estate market opportunities and complement the private real estate portfolio,” said Scott Kim, Head of the Real Estate Investment Division at NPS. “Not only does this new mandate allow us to efficiently capture the potential price discrepancies between public and private real estate markets going forward but it will also act as an excellent portfolio diversifier, and help improve the overall portfolio risk-adjusted return.”
The new order is intended to make the most of strategic open doors with the larger part assigned after times of market slumps. NPS plans to use Russell Investments' broad exploration endeavors, including 30 years of involvement investigating land supervisors, and vigorous execution abilities to seek after a deft way to deal with market openings. Russell Investments will actualize the company's multi-resource portfolio the board capacities, to deliberately address portfolio hazard.
Looking toward 2021, Russell Investments' tacticians expect public land will pull in more income because of economic situations that element broadened low loan fees, generally high U.S. value valuation and plentiful liquidity.
“Successful distribution of COVID-19 vaccines should enable demand for public real estate to recover, particularly for the most impacted property sectors, such as retail, office and lodging,” said Bruce Eidelson, Director, Senior Portfolio Manager, Equity, at Russell Investments. “We expect the ever-broadening intra-sector performance dispersion will create a better active management environment which can produce significant return over the benchmark.”
Powerful dynamic administration in the $2 trillion GRES market, which in 2020 remembers 470 organizations for 35 nations and 11 areas, has gotten progressively significant as financial specialists look for return potential in very much broadened portfolios. For instance, research on Russell Investments' universe of land administrators shows an exhibition spread of in excess of 300 premise focuses among first-and third-quartile supervisors in the course of the last 12 quarters.
About Russell Investments
Russell Investments is a leading global investment firm providing tailored solutions and services to institutions and individuals through financial intermediaries. Russell Investments is the fourth-largest adviser in the world with $297.5 billion in assets under management (as of 9/30/2020) and $2.5 trillion in assets under advisement (as of 6/30/2020) for clients in 32 countries. Headquartered in Seattle, Washington, Russell Investments operates through 19 offices in major financial centers such as New York, London and Tokyo.
REAL ESTATE TECHNOLOGY
prnewswire | January 04, 2021
Pacificwide Business Group, Inc., the main land administration financier and an account and home loan organization in California, declares the authority dispatch of their new Corporate Brand Identity Standards and Redesigned Logo. The rebranding mirrors the organization's objective of coordinating advancement and innovations into the business structure while developing as a market chief.
As the business scaling up hugely, Pacificwide authority tries to carry the organization's capacity to the following level with a driven vision for what's to come. "The result is a finished redesign of every day business activity with bleeding edge data innovation reconciliation. Likewise, marking things, made since the organization's establishment days in 2009, are completely reproduced. "The old logo could at this point don't completely speak to Pacificwide's developing extension and incentive as a main firm in the business. It was unbending and old-fashioned, radiating the impression of the most recent decade blocks and concrete corporate.", said Pacificwide CEO Leon Le. The new changes expected to stay with the on target with the latest pattern all around the world, mirror its basic beliefs, and reaffirm their assurance to intensely push ahead paying little heed to future vulnerabilities.
The development of celebrated brands moves the organization's new image personality through time. The logo expects to convey the organization's vision and objective in the following decade while adjusting to the world's latest thing, which is effortlessness, level, balanced, and borderless. Every component speaks to individuals' attitude in 2020 and forward, where everything is anything but difficult to peruse and devour, high speed, and has no constraint. Pacificwide needs to stay aware of the cutting edge world and challenge themselves with the new look, new feel.
The fundamental components introduced, for example, the globe and the organization name, continue as before. They mean whatever the organization does, its main goal and basic beliefs remain the equivalent. The end of the 3D impact and the line over the name "Pacificwide" passes on the message of eradicating all impediments and provoking themselves to learn, work, and develop indefinity. Appropriately, shading and textual style are acclimated to draw out a perfect, effective, enthusiastic, and energizing vibe, much the same as how Pacificwide has consistently worked.
About Pacificwide Business Group, Inc.
Founded in 2009 in the heart of Silicon Valley, California, USA, Pacificwide Business Group, Inc. is a full-service real estate and mortgage company specializing in residential and commercial real estate, financial and mortgage services, real estate construction and development, new home services and property management.
The secret to our success is our agents and unique culture. We are a vast network of agents with diverse backgrounds and abilities, united in a passion to serve our community. Our focus is exceptional customer service as we aim to make our client's real estate experience as seamless as possible. We are not just your real estate professionals; we are your trusted friends and neighbors within your communities.
REAL ESTATE INVESTMENT
Newmark | January 03, 2022
Newmark Group, Inc., today announced that it has fortified its presence in the Central and Eastern European ('CEE') market through an agreement with a leading commercial real estate group in Poland. The team will provide a full spectrum of client services in Poland and the surrounding area, operating as Newmark Polska.
The 45-person team of real estate professionals based in Warsaw, Wrocław, Tricity and Krakow will benefit from combined resources, technology and product offerings to support Newmark's growing roster of clients in CEE. Led by industry veteran Piotr Kaszyński, the group offers services including tenant representation, market research, valuation and project management. The team will also leverage Newmark's global capital markets expertise, which equips clients with enhanced access to investment opportunities in North America and around the world.
We are thrilled to welcome Kaszyński and his team to the Newmark platform. Aligning ourselves with one of Poland's leading CRE teams is part of our strategy to build greater capabilities in CEE, a dynamic and evolving market, Poland's robust and diversified economy, which is benefiting from healthy GDP growth and low unemployment, signals substantial opportunity for the team across numerous business lines."
Newmark Chief Executive Officer Barry Gosin.
The enhanced regional presence will enable Newmark to better serve its clients' needs in Poland, where Newmark operates an existing Warsaw office focused on consulting, lease administration and facilities management. The country currently boasts record-breaking levels of market activity, and companies increasingly identify Poland as a target destination for a variety of functions, including nearshore technology and back-office operations.
The agreement underscores Newmark's successes in bolstering its presence throughout Europe, the Middle East and Africa ('EMEA'). Earlier this year, the company commenced its International Referrals program covering EMEA, and recently announced new regional leaders within its International Capital Markets and Valuations practices, in addition to the expansion of Newmark's own flexible office platform through the acquisition of two agile workspace providers in 2021: Knotel and Deskeo. In December, Newmark named Stuart Logan as Executive Managing Director of its Valuation & Advisory service line in EMEA.
Newmark Polska will build on the local team's recent track record of completing complex transactions, including the representation of world-class brands. In total, the group facilitated over 470,000 square meters in industrial and office transactions in 2020 alone.
We look forward to this new chapter for our practice, Newmark continues to demonstrate the wherewithal to invest in the best-in-class resources and talent to comprehensively serve the needs of its clients. Having evaluated Newmark's extensive platform over the years, we are confident in our ability to offer first-rate advisory services at the local, national, regional and global levels. As Newmark's business partner, we can now collaborate with the entire Newmark network to meet client needs going to or from Poland."
Piotr Kaszyński, Newmark Polska Managing Partner.
Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries ("Newmark"), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark's comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform's global reach with market intelligence in both established and emerging property markets, Newmark provides superior service to clients across the industry spectrum. Newmark generated revenues in excess of $2.5 billion for the trailing twelve months ending September 30, 2021. Newmark's company-owned offices, together with its business partners, operate from over 160 offices with approximately 6,200 professionals around the world.