APG boosts real estate team as it targets Asian logistics

APG has expanded its headcount in Asia and is looking to build on a major recent logistics allocation in the region as it expands beyond Asia’s core developed markets via its favoured investment model of partnering with operators. “Outperformance in real estate will require an understanding of, and exposure to, the operations of this asset class, hence we tend to have a bias towards partnering with operators wherever possible,” Graeme Torre, APG’s head of private real estate for A…