Silvia Saccardi

Political instability across the region is creating headwinds for sought-after affordable housing deals.

Aggregate capital raised by the largest real estate funds closed dropped by a third from the same period last year.

PERE’s investor ranking has recorded its highest-ever aggregate allocation to private real estate. But its growth says more about asset repricing than increased activity.

Developer Panattoni’s in-house investment platform is preparing a first exit for the fund, with two new vehicles also slated for 2027.

Investors are seeking exposure to real estate operating company returns via increasingly creative means, delegates heard at the PERE Europe Forum.

Delegates at this week’s PERE Europe Forum spoke about offsetting higher volatility with briefer holds.

The $1.1bn final close follows the manager’s 2023 acquisition of sale-leaseback specialist Trio Investment Group.

The Chicago-based manager has expanded its US capital formation team following fundraising staff expansion in Asia earlier this year.

Investment director Drew Ritchie welcomes the debut Reserved Investor Fund structure to help further the UK financial institution’s plan to allocate £110m in the sector by 2030.

Firms like London-based L+R Group are seeking to incorporate institutional capital to reach global scale.