Sector Investment 24-Hour Briefing

Last updated: March 20, 2026, 2:30 AM ET

Real Estate & Infrastructure Capital Flows

Institutional appetite for pooled investment structures is growing across real estate, evidenced by pension manager Rest's latest move to favor funds as they expand exposure within the asset class. In the logistics sector, Prologis and GIC formalized a new $1.6 billion build-to-suit venture, seeding the joint venture with an initial portfolio spanning 4.1 million square feet, marking GIC’s second such partnership this year. Meanwhile, large asset managers are refining core strategies; Macquarie Asset Management is actively seeking to generate alpha in its fourth Asian infrastructure fund while consciously avoiding "mandate creep" as it deploys capital across the region following previous successes.

Investor intentions confirm a sustained focus on tangible assets, with APG targeting scaled-up real estate deployments across developed Asia-Pacific markets, concentrating primarily on core-plus strategies. Shifting focus to transport, Sumitomo Mitsui Finance and Leasing Company signaled its plans to significantly grow its infrastructure portfolio, specifically allocating capital toward transport-related infrastructure and associated movable assets to enhance its holdings. This collective commitment indicates a strong institutional preference for core and core-plus infrastructure and real estate assets within the APAC region amid market uncertainty.