Managers

Ares Management to buy retail-focused Whitestone in $1.7bn deal

The transaction marks the third privatization of a retail-focused REIT by a top 10 PERE 100 manager over the past year.

Realty Income’s Sumit Roy: ‘We were capital constrained’

In an exclusive interview on The PERE Podcast, the $60bn market cap REIT’s CEO explains why private fundraising will now fuel the listed property specialist’s growth plans.

BGO seeks ‘deep operating expertise’ with Bell Partners acquisition

Having previously relied on joint ventures with operating partners to drive performance in residential, BGO will leverage these capabilities in-house with Bell, says co-president Amy Price.

Invel founder’s big Greece bet pays off

PERE Deals caught up with Chris Papachristophorou shortly after his firm exited a seminal deal executed during the Greek financial crisis.

Galvanize ties fees to emission targets in real estate fund

The energy-focused investment firm has raised $370m for its first real estate fund and plans to get its properties to operational net zero within three years of purchase.

Carmel Partners raises $1.35bn for ninth US multifamily fund

With its latest fund, the firm has pivoted from a focus on ground-up development to buying and upgrading operating assets as return propositions have shifted.

Ares holds final close for US and European value-add funds

The vehicles are the largest in their respective fund series, with US XI also representing the firm’s largest-ever capital haul for a closed-end real estate fund.

How private real estate is building resilience against an AI bubble

Investors and managers are preparing their private real estate portfolios for the risks – and the opportunities – inherent in a potential shock to AI’s steep growth trajectory.

Private real estate assesses sectors being reshaped by AI disruption

From offices to student housing and healthcare, AI’s advance is changing the outlook for various property sectors.

BNP Paribas’ Scemama: ‘You can’t treat the capital differently’

As the dust settles on BNP Paribas’ acquisition of AXA IM, Isabelle Scemama says aligning different types of capital is a priority for the group’s recently merged alternatives business.