Deals

Texas TRS forms $260m Swedish logistics venture

The public pension committed an initial $100m to launch the venture with Stockholm-based manager Brunswick Real Estate.

The UK PBSA sector’s challenges have been greatly exaggerated

Not only do the country’s top-ranking institutions remain financially healthy, but the sector will also benefit from new demand drivers, writes Jessica Hardman, CEO at Aboria Capital.

Sixth Street proposes $1bn take-private of Plymouth Industrial REIT

The San Francisco-based manager has made a nonbinding offer for the Boston-based listed company and its 32 million-square-foot US warehouse portfolio.

Rising manager stake sales reflect greater fundraising confidence

A Hodes Weill report finds a surge in deals for non-controlling interests as buyers underwrite AUM growth for real estate managers.

S2 enters industrial market with purchase of Fort Capital 

The Dallas-based multifamily specialist hopes to scale its logistics holdings to rival its residential portfolio.

Trades of the decade: The art of the $20bn deal

Bigger firms, bigger deals and the ubiquity of data characterized the evolution of dealmaking in private real estate over the past decade.

Starwood, Brookfield and real estate’s net-lease boom

The PERE Podcast spotlights Starwood’s $2.2bn deal for Brookfield’s Fundamental Income Properties and the latest convergence of real estate debt and equity.

Blackstone to pump $25bn into US data center, energy JV

The mega-manager’s real estate and infra funds will partner with Pennsylvania utility company PPL and begin construction in the next three years.

Private equity’s growing dominance in real estate M&A

As mega-managers like Blackstone have grown larger, so have their roles in driving industry consolidation.

Escalating Middle East conflict puts early institutional plays in the spotlight

The start of war between Israel and Iran gives investors cause to re-stress test the region’s commercial real estate thesis.