Managers

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

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.

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

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

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

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

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

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

The platform will focus on opportunities in the US and Europe, with future growth contingent upon its track record.

Leaders from APG, ADIA and ART all expressed a willingness to make cornerstone investments if the terms and alignment are right.