Deals

NBIM buys $1bn stake in US logistics portfolio from CPP

The Oslo-based manager picked up a 45% stake in a joint venture with Australian outfit Goodman, which will maintain its 55% ownership.

Look Ahead 2025: Geopolitical risk will delay real estate’s recovery

Economies and investors need more time to digest the aftermath of a year dominated by political elections, says BlackRock’s Simon Durkin.

Macquarie fund takes stake in credit specialist IDA

MAM’s head of real estate APAC James Kemp sees the potential for the Australian real estate credit market to double in the next decade.

Partners Group seeks ‘vertical depth’ with Empira acquisition

Gaining significant exposure to real estate credit was also a key draw, according to global co-head of real estate Karim Habra.

Fortress gives a kitsch Japanese icon a lifeline

A new chapter begins for the Fukushima-based hotel and water park, following a $100m offer from the New York-based manager.

Deep Dive: Distress takes an unexpected turn

Opportunities are emerging from troubled assets or owners, but they are not what the industry had anticipated.

Berkshire Global Advisors: Rate cuts should help stimulate M&A

The right sector exposure is important for buyers, but sellers will be predominantly those looking to scale up with larger firms, writes Berkshire Global Advisors’ Drew Murphy.

M&G Real Estate seeks value-add boost with first M&A deal

The UK asset manager has acquired a majority stake in BauMont Real Estate Capital to diversify into higher-returning real estate.

NBIM sees fresh opportunities in US offices

Five years after shifting away from the sector, the investor has partnered with manager DivcoWest to take advantage of ‘current dislocation.’

Aware Super’s UK platform to capture ‘window of opportunity’ in offices

The investor’s newly formed international team has partnered with Delancey to invest £1bn in the UK, with London offices as the initial focus.