Newsletter

Blueprint: Morgan Stanley’s $800m fundraise, CapitaLand’s China expansion, Clarion’s new president and more

Real estate investment trusts – of both the listed and nontraded variety – are back in the spotlight this week as Morgan Stanley amasses a war chest and national portfolio for its inaugural private REIT, while Singaporean real estate manager CapitaLand eyes an expansion into the Chinese public markets. Elsewhere, private real estate managers find a discount opportunity in REIT stocks; Pretium’s head of real estate decamps for Clarion Partners; and more in this week’s briefing, exclusively for our valued subscribers.

Blueprint: Bracing for a trade war, Q1 fundraising data, REIT consolidation and more

Trade war anxiety continues to affect private real estate this week as investors and their managers take stock of a disrupted dealmaking environment and a hazy economic outlook. But the market is anything but inactive: PERE’s latest exclusive data shows where capital commitments were lining up to start the year; UK REITs have become the subject of a buying frenzy; a surprise buyer emerges for a prime London office; and more in this week’s briefing, exclusively for our valued subscribers.

Blueprint: Tariff turmoil, BGO’s succession plan, private real estate’s top law firms and more

As a looming trade war rocks global markets, volatility is seeping into private real estate where hopes for a recovery are giving way to fears of another downturn. Meanwhile, succession plans are back in the spotlight this week as managers BGO and M&G look inward for their next leaders, Prologis’s next chapter includes an emphasis on private capital, a pair of Morgan Stanley veterans strike out on their own and much more in this week’s briefing, exclusively for our valued subscribers.

Blueprint: Nuveen’s new real estate chief, CDPQ’s next chapter, Invesco’s latest Europe fund, and more

A major change at Nuveen leads the headlines this week as Chad Phillips succeeds long-time head of real estate Chris McGibbon. Meanwhile, PERE sits down with Rana Ghorayeb a year into her role as head of CDPQ’s real estate business and its property arm Ivanhoé Cambridge; Invesco nears the close of its latest European fund; HSBC shakes up its real estate leadership, and much more in this week’s briefing, exclusively for our valued subscribers.

Blueprint: What we heard at MIPIM, Benson Elliot’s comeback, and more

This week, PERE is fresh off a whirlwind of on-the-ground meetings at MIPIM, where property investors reacted in real time to a quickly shifting global economic landscape, but shared optimism about a return to dealmaking in Europe. Elsewhere, Benson Elliott makes a comeback with its first flagship fund close post-PineBridge acquisition; Manulife makes a move into Australia; QuadReal targets mobile homes; and more in this week’s briefing, exclusively for our valued subscribers.

Blueprint: Partners Group’s next chapter, Blackstone’s record haul, core alternatives and more

This week, PERE’s March cover story spotlights Partners Group, the Swiss manager that made a name for itself in indirect real estate but is now focusing its attention on direct strategies. Elsewhere, Blackstone sets another fundraising record, core funds find traction in niche sectors, Legal & General and PGGM seed a £1 billion partnership, and more in this week’s briefing, exclusively for our valued subscribers.

Blueprint: PERE Awards, Brookfield’s secondaries momentum, CDPQ’s new real estate team, and more

This week marks the reveal of the 2024 PERE Award winners, saluting the year’s top feats in real estate investing, fundraising and dealmaking. Elsewhere in the industry, secondaries take the spotlight with large capital raises by Brookfield and Neuberger Berman; CDPQ’s new-look Ivanhoé Cambridge team gains two private real estate vets; NBIM ramps up its spending, and more in this week’s briefing, exclusively for our valued subscribers.

Blueprint: ART’s $1bn Almanac mandate, Apollo’s Bridge to real estate primacy, PERE Asia Summit, and more

Mega-deals top the private real estate headlines this week as Australian Retirement Trust and Almanac Realty Investors go hunting for US operating companies while Apollo agrees to buy Bridge Investment Group in a transaction poised to make it one of the industry’s biggest managers. Elsewhere, Sculptor Capital Management raises its largest-ever property fund, Hines recruits a veteran APAC capital raiser, and more in this week’s briefing, exclusively for our valued subscribers.

Blueprint: Barings’ Artemis acquisition, PAG’s record haul, PGIM’s return to office and more

Private real estate’s M&A takeover continues this week with Barings’ acquisition of PERE 100 manager Artemis Real Estate. Meanwhile, PAG closes its largest-ever opportunistic fund, PGIM heralds its return to office buying, Pretium brings in a veteran capital raiser and more in this week’s briefing, exclusively for our valued subscribers.

Blueprint: Ares’ GCP ambitions, Blackstone’s office view, Gaw’s Tokyo mega-deal and more

Ares Management’s plans for its expanded real estate business post-GCP acquisition begin taking shape, Blackstone mulls a major return to the office sector, Partners Group’s co-head of real estate exits, a Gaw-led venture strikes a billion-dollar deal in Japan and more in this week’s briefing, exclusively for our valued subscribers.