Newsletter

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.

Blueprint: Ares’ European war chest, and a flurry of cross-border real estate bets by CPP, Aware Super and Legal & General

Capital is flying across the global real estate markets this week as US manager Ares closes the year’s biggest Europe-focused fundraise; UK pension and insurance giant Legal & General makes a big bet in the US with the acquisition of a stake in Taurus Investment Holdings; Canadian pension giant CPP Investments and Australian superannuation fund Aware Super announce major joint ventures targeting the UK; and much more in this week’s briefing, exclusively for our valued subscribers.

Blueprint: Inside Ares’ GLP carveout, Blackstone counsels patience, PIMCO shuffles leadership and more

PERE’s Asia-Pacific reporter Christie Ou explores the fallout from Ares Management’s mega-deal for logistics manager GLP Capital’s ex-China business; Blackstone predicts better days – and bigger returns – ahead for real estate, CBRE Investment Management gets creative in student housing; PIMCO sees another leadership shakeup; Goldman Sachs sizes up a “new normal” for interest rates; and more in today’s briefing, exclusively for our valued subscribers.

Blueprint: Introducing PERE Deals, another dismal fundraising quarter, Brookfield’s logistics mega-deal

The waiting is over: PERE Deals, our exclusive news and data service, is officially live – as is PERE’s latest fundraising report, which paints a less-than-rosy picture of the capital raising environment through the first nine months of the year. Elsewhere among this week’s headlines, Brookfield and Panattoni fortify their positions in the red-hot logistics sector; UBS navigates another wave of redemption requests; PERE salutes private real estate’s most influential women and more in today’s briefing, exclusively for our valued subscribers.

Blueprint: Ares buys GCP’s ex-China business for $3.7bn, Blue Owl’s $1bn data-center deal, Blackstone tackles headline risk

A mega-merger between two of the top 10 PERE 100 managers dominates real estate headlines this week as Ares Management agrees to acquire GLP Capital Management’s non-China business for $3.7 billion; fellow top 10 firm Blue Owl strikes its own $1 billion M&A deal to buy IPI Partners; Blackstone faces questions about reputational risk; PERE checks in from Expo Real; and more in today’s briefing, exclusively for our valued subscribers.