News

DOWNLOAD: Investor appetite for private real estate remains robust for 2024

Although 38% of investors were overallocated to the asset class in 2023, only 27% plan to invest less capital this year.

DOWNLOAD: Fundraising hit an 11-year low in 2023

The total of $138.93bn raised in 2023 represented a 41% drop from the $236.04bn raised in the 2021 fundraising peak.

Cabot closes largest fund yet at $1.6bn in ‘challenging’ environment

The firm was aiming for $1.2bn for Value Fund VII, but raised the target last May, according to CEO Franz Colloredo-Mansfeld.

Rockpoint’s Walton: ‘Macro and geopolitical risk is on investors’ minds’

The Boston-based firm’s co-founder gave four reasons why ‘this has been the toughest fundraising environment in our 30-year history.’

Patrizia closes debut real estate impact fund

The German manager has raised around €300m to invest in social and affordable housing across western Europe.

Blackstone’s Gray: The ‘pillars of a real estate recovery’ are forming

Blackstone’s president said commercial real estate values are bottoming out and expected an uptick in realizations in H2.

GCP raises $1.4bn for its latest China onshore vehicle

Nearly half of the $4.5bn GCP raised across strategies came from RMB vehicles for the 12 months ended November 2023.

Pike’s Makarora goes for flexibility with fund debut

The ex-Blackstone real estate boss has included three strategies in the investing thesis for his new firm’s maiden fund.

Aquilius targets $700m for second RE secondaries fund

The firm’s predecessor fund has been fully deployed to LP and GP-led real estate secondaries transactions across the Asia-Pacific region.

Phoenix removes China from the strategy of its seventh opportunity fund

The Hong Kong-based private equity real estate firm is targeting only developed Asia markets for the vehicle.