Managers

Jesse Curtis will lead a platform designed to bring asset management in-house and focus on products offering stable, income-producing investments.

The Nordics specialist is already halfway toward its €1bn target for the fund after around six months on the road.

The assets were assembled by Kayne Anderson, which will stay on as a minority investor.

The world’s largest REIT raised over $2.6bn of third-party equity in Q1 2026 amid a ‘fantastic quarter’ for investing capital.

This marks the first time the world’s largest pension fund has invested in an Asia-based real estate manager.

While credit spreads have widened modestly, real estate managers are facing the potential for elevated debt costs as base rate projections change.

The London-based manager is targeting its largest-ever fundraise, with CBRE IM’s Indirect business among the first investors in the fund.

Former Hines executive Paul White will head up CBRE IM’s Europe Value Partners series, for which the manager has not raised a fund since 2018.

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

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.