Fundraising

The Dallas-based manager hit the hard-cap on its eighth and largest flagship fund to date, aiming for up to 20% returns on Sun Belt warehouses and outdoor storage.

CBRE Investment Management’s indirect business is once again backing the Dutch manager’s retail parks strategy, but this time on behalf of a different capital base.

The Madrid-based manager pulled in €1.6bn for the value-add fund and €450m for related co-investments, a record haul for the subregion.

Developer Panattoni’s in-house investment platform is preparing a first exit for the fund, with two new vehicles also slated for 2027.

The New York- and London-based manager is targeting long-income, infill industrial and grid-connected real estate with Meadow Real Estate Fund VII.

With commitments from NPS and its own life insurance business, the $700m fund is the UK asset manager’s first value-add commingled offering in the region.

The Los Angeles-based manager scored a $100m commitment to the value-add vehicle as part of a broader strategic partnership with GCM Grosvenor.

Amid a slow fundraising environment for the Boston-based manager’s debut private real estate vehicle, its CEO says it is patiently building its track record via new JV relationships.

The value-add/opportunistic vehicle is the first in a pan-regional fund series from the manager founded by former Harrison Street exec Daniel Gorzawski.

The Los Angeles-based manager’s PCCP Equity X and PCCP Credit XI both rank among the top 10 largest funds closed this year.