News

Great outdoors: Brookfield treks back into IOS with $1.2bn deal

The PERE Podcast highlights growing institutional appetite for exposure to outdoor storage portfolios, with insights from Realterm CIO Price Booker.

GCM Grosvenor backs UK student housing venture with affordability angle

Focused on HMOs, the venture with Tokoro Capital marks GCM Grosvenor’s first investment in the UK student accommodation space.

Patrizia appoints ex-government IR lead as UK product specialist

Gus Wiseman will support the German manager’s strategic UK expansion through investor relations and engagement with policy and regulation.

Newcore holds close for social infrastructure core-plus fund

The UK-focused manager has secured a commitment from an institutional pension scheme for its needs-based real estate income strategy.

BC Partners offloads real estate business to L&G’s Proprium

BC Partners will retain some economic interest in its $1bn inaugural real estate fund, with a 17-strong team joining Proprium, affiliate title PEI understands.

Beyond BGO: Sonny Kalsi’s final act

The industry veteran has just agreed to the biggest job of his financial career. He expects it to be his last.

New World addresses investor interest amid Blackstone speculation

Hong Kong developer responds to report that the PE firm is in talks to become its largest shareholder.

Blackstone eyes more REIT privatizations amid ‘lagging’ public markets

The mega-manager has $53bn in dry powder to deploy into real estate equity and debt and sees listed platforms as prime targets.

L&G names global co-heads of real assets, bolstering its global ambitions

The UK firm picked the executives from a recently acquired US-based firm.

What a pullback on Saudi mega-projects means for GCC real estate

The PERE Podcast highlights the Middle East’s rise as a destination for global real estate capital and the region’s shifting market dynamics, with insights from Sousou Partners’ Ghada Sousou.