Deals

Apollo to invest $1bn for 49% stake in new Realty Income retail venture

The investment in the long-term, net-lease portfolio aims to provide a fixed rate of return for Apollo.

Savills says Eastdil deal will expand its capabilities with little overlap

The $921m acquisition will give Savills greater exposure to the US market and accelerate its ambition to offer clients investment banking services.

MSCI on signs of an incoming transaction market recovery

Deals have stalled in both number and volume, but an increase in large trades and record data center deployment are driving up momentum, according to Tom Leahy, head of EMEA real assets research at MSCI.

No more ‘easy trades’: REIT take-privates could slow in reshaped market

In this episode of The PERE Podcast, editorial members across PERE titles and Gravis’s Matthew Norris unpack how opportunistic private real estate managers seeking discounted buys on listed markets may need to move with more speed as REITs signal renewed health.

Almanac acquires minority stake in Alterra IOS

The investment will support Alterra’s growing IOS portfolio in a further sign of the institutionalization of the asset class.

Real estate M&A transactions jumped 40% in 2023-25

Deals involving sector specialists represent an increasing share of consolidation activity, according to a report from Hodes Weill.

Urban Partners sells €1bn of Nordic logistics assets

The disposal to Catena and Ontario Teachers’ Pension Plan is the region’s largest-ever such transaction.

Kennedy Wilson to be taken private in $1.65bn Fairfax-linked deal

The duo extends their long-standing relationship in a transaction led by the Beverly Hills-based manager’s executive suite with funding from Fairfax.

Lendlease to sell down Australian retail fund to Cbus Property

The subsidiary of superannuation fund Cbus is in exclusive due diligence to buy out investors in the unlisted fund APPF Retail.

Nuveen’s takeover of Schroders to create $2.5trn asset manager

The merged entity will boast a combined real estate heft of around $172bn in assets under management across equity and debt in all major regions.