March 18, 2025 - 10:40
The Caisse de Depot et Placement du Quebec (CDPQ), managing assets worth C$473 billion ($329 billion), reported a mixed performance for 2024. While equity and infrastructure investments contributed positively to overall gains, the fund faced significant challenges in its real estate allocation.
Persistent headwinds in the real estate sector have been a notable concern, particularly due to the fund's above-benchmark exposure to office properties in underperforming cities such as New York and Chicago. These urban centers have struggled with declining demand for office spaces, impacting the overall performance of the real estate portfolio.
Despite these setbacks, the CDPQ remains focused on its strategic investments in equity and infrastructure, which have proven resilient in the current economic climate. The fund's leadership is actively seeking ways to mitigate risks associated with its real estate holdings while capitalizing on opportunities in other sectors. As the market evolves, the CDPQ aims to navigate these challenges effectively to maintain its growth trajectory.
June 24, 2025 - 06:13
Goldman Sachs Appoints Aekloveya Shyam as Head of M&A in Global Real EstateGoldman Sachs has made a significant leadership change by appointing Aekloveya Shyam as the new head of mergers and acquisitions (M&A) within its Global Real Estate Group. This decision was...
June 23, 2025 - 23:14
Katherine Cruz Elevated to Engineering Manager at Hancock AssociatesDanvers, MA—Hancock Associates has announced the promotion of Katherine Cruz, P.E., LEED AP, to the position of Engineering Manager. Known affectionately as `Katie` among her colleagues, Cruz has...
June 23, 2025 - 11:48
Will the US-Iran War Trigger an Economic Crisis in America?As tensions escalate between the United States and Iran, concerns are mounting about the potential repercussions on the American economy. Analysts warn that a prolonged conflict could lead to...
June 22, 2025 - 21:27
This Week's Most Sought-After Brooklyn Properties: A Focus on Ditmas ParkIn the latest round-up of popular Brooklyn listings, attention has shifted to an array of charming properties, including a notable Colonial Revival home in Ditmas Park. These listings showcase the...