News & Analysis

Mark Gabbay led the $87bn AUM manager from the covid pandemic through the subsequent market downturn. But in a signing-off guest commentary exclusively written for PERE shortly after his departure at the turn of the month, he describes his biggest challenge as organizational.

The Atlanta-based firm raised $515m for value-add investments in US multi-tenant retail, building on an acquisition-fueled expansion since last year.

Have your say on which groups, individuals and events made the biggest impact on the industry over the past year.

The CEO believes resistance to AI facilities will only deepen a supply shortfall in the asset class, creating ‘generational opportunities’ for those who can meet intensifying demand.

The Norwegian wealth fund will hold a 96% stake in the European venture, which comes as its two principal industrial partners in the region are merging into one.

The Canadian investor plans to make more fund commitments even as it seeks to trim its manager roster.

The US asset manager is set to raise its largest Asia-focused vehicle to date, with regional head David Fassbender arguing APAC provides ‘true diversification’ for investors.

In acquiring San Francisco-based Stockbridge for $375m in cash, the firm will also be expanding into IOS and niche residential.

Chris Reilly, who spent the last six years leading Brookfield’s real estate secondaries group, is headed to Pretium to run its property debt and equity businesses.

Overall capital raising has hit a snag this year, but funds under $1bn have displayed the fastest momentum among size groupings.