Deals

German private wealth investor Pamera launches US division

The Munich-based multifamily office has hired Cord Ernst to run the North American division and struck its first deal in the region.

Azora triples down on US residential with $3bn venture

The Spanish manager has partnered with US developer Advenir to build 10,000 single-family homes and buy 5,000 existing rental units.

UK pension fund Nest sees ‘attractive’ development proposition

The investor’s £150m commitment to a BTR joint venture marks ‘quite a departure’ for its real estate strategy, says CIO Elizabeth Fernando.

Ares to buy Walton Street’s $2.1bn Mexico platform

Walton Street Mexico is focused on industrial properties in the Latin American country.

Sweden’s interest rate cut diffuses its refinancing crisis, say market participants

The move keeps the country on course to reach a 2% policy rate by 2025 and strengthens expectations of further recovery in real estate transactions.

Patron Capital returns to Cala Group in £1.35bn investment

The London-based private equity real estate firm has teamed up with Sixth Street to buy the UK housebuilder it once owned.

Harrison Street expands senior living portfolio

The five assets are in Massachusetts, Maryland, New Jersey, Pennsylvania and Virginia.

Lone Star starts LSREF VII investing with £580m UK portfolio deal

The Dallas-based private equity real estate firm has kickstarted its fast deployment plans for the $2.7bn vehicle with a large logistics, retail and offices portfolio.

Greykite closes first deal to seed €300m joint venture

The London-based manager, which launched in March, has made the acquisition on behalf of its debut European real estate fund.

NPS’s Kim: ‘We won’t shy away from smaller ticket size opportunities’

The team plans to invest in small to mid-sized managers, co-found new platforms, and accept investments under $100 million.