Newsletter

Blueprint: Fortress’s acquisition by Middle Eastern sovereign, Urban Partners’ new conglomerate status, Brookfield’s Oz BTR venture

Fortress gets snapped up by Middle Eastern sovereign wealth fund Mubadala Investment Company, Urban Partners receives initial test of its strategic restructuring from investors, Brookfield expands into Australian residential with BTR deal; and more in today’s briefing, exclusively for our valued subscribers.

Blueprint: Remembering Sam Zell, GIC and Brookfield’s India acquisitions, ADIA hires head of Americas real estate

We remember Equity Group Investments chairman Sam Zell; GIC and Brookfield purchase two properties in India for $1.4 billion; ADIA adds a regional head of real estate to complete its senior leadership team in the asset class; and more in today’s briefing, exclusively for our valued subscribers.

Blueprint: Brookfield’s fifth global fundraise, ESR’s maiden Thailand investments, Tishman Speyer’s APAC family office fund

Brookfield’s next global fundraising effort kicks off with the Toronto-based manager eyeing a “tremendous vintage”; ESR enters Thailand with local developer; Tishman Speyer adds to the growing list of private wealth ventures in Asia; and more in today’s briefing, exclusively for our valued subscribers.

Blueprint: PERE Europe discusses sector difficulties, Blackstone’s pioneering India REIT, Invesco Real Estate’s record US fund close

PERE Europe’s first day reveals sector nerves amid uncertainty; Blackstone launches first pure-play retail REIT in India, adding to its presence in the market; Invesco Real Estate raises return expectations as it closes its record US non-core fund; and more in today’s briefing, exclusively for our valued subscribers.

Blueprint: Brookfield’s second office default, Goldman Sachs’ affordable housing venture, Ascent’s family office partnership

Brookfield defaults on 12-property office portfolio in Washington DC and other locations after extending debt three times; Goldman Sachs forms a $1.15bn affordable housing venture at a time when the sector has ‘never been more important’; Ascent Real Estate, formerly of Carlyle China, partners with a family office to expand its specialty real estate investment strategy; and more in today’s briefing, exclusively for our valued subscribers.

Blueprint: Blackstone’s Industrials REIT take private, Barings’ first niche value-add fund, Keppel’s new CEO

Blackstone takes UK industrial REIT private for a 42 percent premium, making some onlookers nervous about pricing; Barings raises first US niche fund focused on office as it eyes franchises of funds; Keppel’s Mah retires, paving the way for Lee to take over as CEO; and more in today’s briefing, exclusively for our valued subscribers.

Blueprint: Blackstone’s latest record fundraise, Brookfield’s REIT loses its leader, Lone Star’s distressed focus

Blackstone closes $30.4 billion opportunistic fund despite today’s challenging market environment, Brookfield’s Vaughan hands over reins of its private REIT to property boss Kingston, Lone Star targets retail and hotels for its latest fund as most distressed areas of the market; and more in today’s briefing, exclusively for our valued subscribers.

Blueprint: PERE’s cover story on price discovery, the White House’s call for new banking rules, this year’s compensation survey results

PERE’s April cover dives deep on price discovery and when transaction activity is set to bounce back; the White House calls for a new set of rules for mid-sized banks, looking to reverse Trump-era rollbacks; PERE unveils the results of its joint compensation survey with Sousou Partners; and more in today’s briefing, exclusively for our valued subscribers.

Blueprint: SVB’s purchase abates Deutsche Bank’s troubles, Starwood’s Sternlicht criticizes rate hikes, ESR’s divestment plans

SVB’s sale assuages markets, including stemming Deutsche Bank’s drop in share price; Starwood’s Barry Sternlicht laments the Federal Reserve’s decision to continue hiking rates after regional bank failures. Plus: ESR plots up to $750 million divestment following ARA acquisition; and more in today’s briefing, exclusively for our valued subscribers.

Blueprint: Credit Suisse’s takeover and regulatory change stokes fears, ECB’s interest rate hike, MIPIM takeaways

Credit Suisse’s rescue by UBS raises concerns for investment management businesses; US managers sense regulatory change; the ECB increases rates as the Federal Reserve’s next meeting looms; takeaways from a busy week at MIPIM, the world’s largest real estate conference; and more in today’s briefing, exclusively for our valued subscribers.