Newsletter

Blueprint: NBIM’s next real estate head, TPG’s $2bn fundraise, Generali’s third-party drive, and more

A changing of the guard at one of the world’s largest institutional investors leads the headlines this week as Hines’ Alex Knapp takes the top real estate role at NBIM. Meanwhile, TPG Angelo Gordon closes its latest European fund on $2.3 billion; PERE takes a deep dive into insurer Generali’s third-party capital ambitions; a pair of veteran Invesco managing directors jump to new firms, and more in this week’s briefing, exclusively for our valued subscribers.

Blueprint: StepStone’s record secondaries haul, Blackstone’s return to office, tariff deal disruption and more

Secondaries continue their run in the private real estate spotlight this week, and for good reason: StepStone Group has closed the largest-ever such fund targeting the property sector, beating a record set less than a year ago. Elsewhere this week, Blackstone walks the walk in the office sector, tariffs put a slew of real estate deals involving institutional managers on ice, CalSTRS sees opportunities in self-storage, Blue Owl goes for UK supermarkets and more in this week’s briefing, exclusively for our valued subscribers.

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.