Newsletter

Blueprint: H1 fundraising data, BNP and AXA IM’s new leadership, Waterton’s next CIO, and more

PERE’s latest exclusive fundraising data sets the tone this week, indicating a bump for the asset class in H1 – albeit with some major caveats. We break down the biggest takeaways in our report with a dedicated podcast episode. Elsewhere, BNP Paribas AM and AXA IM’s post-merger leadership starts to take shape; Drake Real Estate Partners closes a record fund; Waterton taps a new investment chief, and more in this week’s briefing, exclusively for our valued subscribers.

Blueprint: GPIF’s European property play, ESR’s overhaul, BlackRock’s credit push and more

On a mission to grow its undersized private real estate allocation, Japan’s mega-pension fund GPIF leads the industry headlines this week with its fourth-ever fund commitment in the asset class – and its first to a manager not named Blackstone or Brookfield. Elsewhere, a Starwood-led consortium makes its first move after its $7 billion take-private of industrial giant ESR, BlackRock dives deeper into private credit, Texas TRS eyes luxury hotels and more in this week’s briefing, exclusively for our valued subscribers.

Blueprint: Private real estate’s 100 most influential, AXA’s new regional heads, Australian senior housing and more

July’s arrival marks the release of PERE’s special 20th anniversary issue, leading off with our second-ever ranking of private real estate’s 100 Most Influential individuals. See who made it below. Meanwhile, France’s AXA IM Alts changes up its regional real estate leadership; Korea’s National Pension Service backs an Australian mega-deal; Macquarie debuts a US senior housing strategy after assembling a veteran team and more in this week’s briefing, exclusively for our valued subscribers.

Blueprint: A CPP megadeal, a Howard Marks-backed record fundraise, Blackstone’s Europe view and more

North American investors are staking their claims in high-conviction European property sectors this week, led by Canada’s CPP Investments, which fended off KKR among others for a coveted student housing portfolio. Meanwhile, Maryland-based Realterm sees a windfall for its Europe-focused outdoor storage fund, Blackstone’s head of Europe sits with PERE for a wide-ranging talk and more in this week’s briefing, exclusively for our valued subscribers.

Blueprint: Brookfield’s next real estate chief, Ares and PIMCO raise billions for data centers and more

A carefully laid succession plan comes to fruition this week as Brookfield reveals its next global real estate chief. Elsewhere, debut data center efforts by PIMCO and Ares find serious traction with investors, public REIT managers eye private capital, Patron and Sixth Street orchestrate significant M&A deals, CDPQ heralds a new era for Ivanhoé Cambridge and more in this week’s briefing, exclusively for our valued subscribers.

Blueprint: Starwood’s $6bn fundraise, capital flows in the tariff era, PERE Europe forum and more

A pair of PERE exclusives lead the headlines this week: first, an update on Starwood Capital Group’s progress with its latest opportunistic fund, set for a final close in the next year with a $10 billion target. Second, a major new hire at Crow Holdings, which brings on an AIMCo, BGO and CalPERS veteran to run its core/core-plus business. Elsewhere, investors offer differing views on capital flows, student housing continues to draw attention in the UK and more in this week’s briefing, exclusively for our valued subscribers.

Blueprint: PERE 100 revealed, NBIM’s Japan reversal, Grosvenor’s new CEO and more

This week marks the hotly anticipated release of PERE’s annual comprehensive ranking of private real estate’s largest capital raisers. The 2025 edition of the PERE 100 and PERE 200 includes some significant changes from last year, and the volatility says a lot about the state of real estate fundraising. Elsewhere, NBIM and EQT make high-profile exits in Tokyo; Nuveen leans into private wealth; Grosvenor and AEW make senior appointments and more in this week’s briefing, exclusively for our valued subscribers.

Blueprint: BGO’s largest-ever property fund, Harrison Street’s $1bn month, US pensions in the lurch, and more

Is there hope for a fundraising comeback yet? A pair of major capital raising successes lead the headlines as BGO amasses a $5.1 billion war chest aimed at Japan and Korea, while Harrison Street’s latest US flagship fund closes on $1 billion directly out of the gate. Elsewhere, US pensions size up the impact of trade wars on capital flows, a London office platform fetches more than $445 million and more in this week’s briefing, exclusively for our valued subscribers.

Blueprint: NBIM’s big Blackstone commitment, Cohen & Steers and IDR join forces, Hines loses another executive

Scandimania dominates this week’s headlines: NBIM kicks things off with a blockbuster commitment; meanwhile, Hines, the firm from which NBIM recently poached its head of real estate, loses another top executive. Two US-based managers copy NBIM’s approach of targeting public and private real estate, Greystar enters the Nordic market, and more in this week’s briefing, exclusively for our valued subscribers.

Blueprint: Brookfield’s next mega-fund, Gaw’s Middle East debut, the latest compensation figures and more

Revelations about Brookfield’s next behemoth real estate fund top the headlines this week as the manager eyes a record capital haul. Elsewhere, Gaw Capital finds its entry point to the Middle East, compensation data indicates a tough year for investment managers, a $1.1 billion office portfolio trades hands in Canada and more in this week’s briefing, exclusively for our valued subscribers.