Managers

Strong showings from sector specialists and the return of some familiar faces help private equity real estate’s elite return to form.

Mid-sized managers accounted for an outsized share of the new capital brought to this year’s rankings, with 16 firms clearing $5bn for the first time.

Real estate investors are targeting value-add and core-plus strategies in response to rapidly evolving market conditions.

The global property investment market was in full swing in 2021 with record transaction volumes, writes Tom Leahy, executive director at MSCI – Real Capital Analytics.

The constituents of PERE’s signature ranking of private real estate managers are back on track following muted activity levels.

The New York-headquartered manager’s latest vehicle also marks its first dedicated secondaries vehicle with an opportunistic risk-return profile.

The levels of new commitments from institutions to real estate has been in decline as inflation concerns take hold, writes James Jacobs, head of real estate for Lazard’s private capital advisory group.

Underscored by aggressive government goals to reduce carbon and greenhouse gas emissions, tenants, buyers and investors are driving environmental initiatives for real estate managers in Japan.

Blockbuster plans to develop data centers in Tokyo and Osaka will increase capacity as well as competition in the power- and land-strapped country.

Highly competitive pricing in Tokyo has led to growing interest in Osaka, Nagoya and Fukuoka, especially where there are demographic tailwinds.