Managers

Japan’s Norinchukin Bank eyes more value-add investments

The Japanese investor is allocating up to $200m to overseas real estate in 2026, with a focus on value-add diversified funds.

ICG closes second Metropolitan opportunity fund with €1.4bn

The vehicle is more than five times the size of its predecessor, and will be invested in triple-net lease industrial and logistics assets across Western Europe.

NorthPoint Development closes its largest fund to date

The Kansas City-based industrial specialist sees a ‘generational buying opportunity’ from forced sellers for its seventh vehicle.

Capital is diverging from traditional reallocation patterns

As liquidity gradually returns to private real estate, much of the proceeds are not flowing back to where they came from, PERE heard at MIPIM.

Prologis and GIC launch $1.6bn build-to-suit venture

The partners have seeded the JV – the Singaporean fund’s second this year – with a 4.1m square-foot portfolio.

CBRE IM raises $2.1bn for its seventh Asia value-add fund

The vehicle received commitments from 15 limited partners globally, including The State Pension Fund of Finland, LACERA and NZ Super.

Data center strikes emphasize data sovereignty importance for Europe

Attacks on digital infrastructure in the Middle East were among the talking points during last week’s MIPIM conference in Cannes.

Rest Super backs Nuveen’s US Cities Retail Fund

The investor is one of three Australian superannuation funds that committed $330m to the vehicle’s latest round of fundraising.

ADIA commits up to $500m to Dignari Capital in private credit push

The Middle Eastern sovereign wealth fund has formed a separately managed account with the Hong Kong-based firm.

Fortress launches 1031 real estate exchange platform

The initiative marks the New York-based firm’s push into raising and deploying private wealth capital in core-plus real estate.