Jonathan Brasse

PERE’s editors share the biggest highlights from our newly integrated real estate capital markets service, which launched this week.

The world’s largest data center REIT by footprint is planning several fund series. Next incoming is a US open-end fund for which a cornerstone raise of up to $3bn is targeted.

The data center giant’s $3.25bn debut fund adds to a growing cohort of listed specialists making significant inroads in private real estate capital markets.

Morgan Stanley’s real estate investment management business has raised almost 75% of the capital targeted for the latest iteration of its long-standing global opportunity fund series.

Asia’s insulation, overweight appetites for the region’s developed markets and a still-early AI-driven data center opportunity were key themes at this year’s conference for chairman, La Caisse’s George Agethen.

The steep stock market selloff last week compounds an already daunting challenge for property services firms to scale their investment managers.

The industry veteran has just agreed to the biggest job of his financial career. He expects it to be his last.

The New York-based manager’s global head of real estate says the firm still expects to double its AUM in the asset class over the next five years, despite the shocking death of co-CEO and former co-real estate head Joshua Pack.

Private real estate veteran Sonny Kalsi is to lead a growth strategy for Sun Life Capital Management, which aims to see its assets under management double to $600bn within five years.

However, the founder of the New York-based manager warns the thawing of the capital markets will concentrate at the bigger end of the market.