Friday Letter

Data centers and power generation should not so rarely intersect

Blackstone’s latest foray in the red-hot sector addresses one of the biggest challenges in the space.

Is private real estate underestimating risk for US life sciences? 

President Donald Trump’s One Big Beautiful Bill Act will create additional headwinds for an already challenged sector.

GPIF is shifting from the predictable to the tactical in real estate

As the world’s largest pension fund continues to expand its property portfolio, it is beginning to show more of its priorities as an investor.

Even for Blackstone, privatizations are not a sure bet

Two UK take-privates failed to take off this week, leaving big-name private equity firms facing an increasingly competitive market for listed buying opportunities in real estate.

Escalating Middle East conflict puts early institutional plays in the spotlight

The start of war between Israel and Iran gives investors cause to re-stress test the region’s commercial real estate thesis.

Europe is the ‘safer option’ for real estate right now

Executives onstage at the PERE Network Europe Forum in London this week emphasized the region’s growing appeal in contrast with the US. But will it stick?

Residential offers steady ground in uncertain markets

In today’s volatile market environment, private real estate’s most-favored sector also provides the most stability.

BGO’s Asia fundraising appeal is not as surprising as one may think

There are multiple reasons why the Miami-based firm’s biggest capital raise to date has been outside of its home region.

Ambitious targets are hard to achieve but still worth setting

Investors like ABP have good reason to pursue €1bn affordable housing goals, despite the challenges of investing in the sector.

Middle East looks increasingly viable as an investment destination

Geopolitical and macroeconomic factors now add to the GCC’s attractiveness to global private real estate managers.