Newsletter

Blueprint: Investors sour on real estate, emerging managers to watch, the hotel comeback and more

Private real estate gets a reality check in PERE’s latest investor report, which suggests a fundraising rebound is still some ways off. That is not stopping several new managers from making their mark, and we highlight six of them in our February cover story. Elsewhere, we dive into a stunning comeback for hotel investment, how political upheaval is disrupting global capital flows and more in this week’s briefing, exclusively for our valued subscribers.

Blueprint: KKR’s $157bn mash-up, EQT Exeter’s shake-up, US investment outlook and more

KKR’s monumental merger of its real estate and infrastructure businesses dominates the industry headlines this week, and PERE has the details. Elsewhere, Sweden’s EQT has a new name and a refined strategy for its real estate investment arm; NBIM buys into a prized London portfolio; US investors forecast increased deployments; and more in this week’s briefing, exclusively for our valued subscribers.

Blueprint: CPP and TPG’s latest logistics bets, PIMCO goes long on data centers, Fifth Wall’s latest proptech fund and more

Massive joint venture formations dominate the real estate headlines this week as CPP Investments and TPG stake their latest claims in the logistics sector. Meanwhile, data center fundraising gains momentum as PIMCO and Harrison Street reveal fresh commitments; Fifth Wall readies its latest proptech war chest; Blue Owl makes a regional-bank play and more in this week’s briefing, exclusively for our valued subscribers.

Blueprint: NPS’s JV spree, AustralianSuper’s European play, GIC’s next Americas head, PERE’s latest fundraising report and more

PERE’s latest fundraising report, out this week, confirms how 2024 was an extraordinarily difficult year for real estate managers. Will things turn around in 2025? A string of mega-deals suggests buyers and sellers are finding common ground. Leading the way is Korea’s NPS, with nearly $2.4 billion in commitments to a pair of real estate ventures. Elsewhere in the industry, AustralianSuper picks up a 50 percent stake in Oxford Properties’ European logistics platform, GIC names its next Americas real estate chief, US multifamily managers land in regulators’ crosshairs and more in this week’s briefing, exclusively for our valued subscribers.

Blueprint: NBIM’s big bets on US office and logistics, MetLife’s $1.2bn PineBridge deal and more

Blueprint is back for the new year, and some of the industry’s biggest players are already gripping the headlines. If 2025 is meant to see an uptick in dealmaking, Norway’s NBIM is setting the pace, spending nearly $2 billion on US logistics and office assets in the past two weeks alone. Elsewhere in the industry, MetLife Investment Management pursues a billion-dollar merger with PineBridge Investments, industry executives share bold predictions for private real estate’s year ahead and more in this week’s briefing, exclusively for our valued subscribers.

Blueprint: Blackstone’s Tokyo mega-deal, Stonepeak’s final close for debut property fund, PGIM’s and Ardian’s French self-storage bets and more

The holiday season is upon us, and real estate managers are busy with last-minute shopping – most notably Blackstone, which spent a combined $3 billion last week on properties in Japan and Central Europe; meanwhile, PGIM and Ardian each unboxed self-storage assets in France; infrastructure giant Stonepeak wrapped up its debut real estate fund; pension manager Alecta put one of its partners on the naughty list and more in this week’s briefing, exclusively for our valued subscribers.

Blueprint: Distress takes an unexpected turn, KKR goes big on UK hotels, MARK raises €660 million, and more

PERE’s latest issue arrives this week with a cover story on the changing outlook for distress and how some of private real estate’s largest managers are adapting to unexpected twists in the market. Elsewhere in the industry, KKR forms joint ventures on two continents, MARK Capital Management breaks down a €660 million fundraise, BGO earns an institutional mandate, and more in this week’s newsletter, exclusively for our valued subscribers.

Blueprint: Inside the PERE America Forum; Texas Teachers anchors another debut fund; a global hotel comeback and more

Private real estate executives share their strongest convictions and boldest predictions for the next market cycle at the PERE Network America Forum; emerging manager Temerity Strategic Partners achieves its first fund close with help from a major investor; UK manager Octopus sets its sights on Europe; Hong Kong developers fortify their investment management positions and much more in today’s briefing, exclusively for our valued subscribers.

Blueprint: Investors to watch in the next cycle; Hines, Blackstone, PGIM and NBIM size up offices; UK budget fallout and more

Private real estate gears up for the next market cycle this week as PERE’s November issue highlights emerging investors to watch; Hines leads managers’ charge into real estate credit; Blackstone, PGIM and NBIM each eye offices for different reasons; the UK budget brings unwelcome surprises for property investors; TPG makes a blockbuster Tokyo hotel buy and more in this week’s briefing, exclusively for our valued subscribers.