Managers

Private real estate shifts focus from generalists to specialists

The age of the generalist real estate fund is over for all but a few. In its place, single-sector funds and specialist operators have emerged to meet investors’ evolving needs.

Private equity’s growing dominance in real estate M&A

As mega-managers like Blackstone have grown larger, so have their roles in driving industry consolidation.

The decade the world split apart

From Brexit and wars to a US-China divide and the rise of India, these themes dominated the geopolitical landscape of the last 10 years in real estate.

Alternative real estate sectors ride a wave of investor interest

What was once viewed as a ‘nuts’ strategy is now accounting for a growing share of fundraising and transaction activity.

ESR’s $7bn privatization sparks leadership overhaul

One high-level external hire is former Starwood co-head of Europe David Matheson, who previously sat on the board of ESR.

King Street closes $950m special situations fund in ‘most attractive market since GFC’

Paul Brennan, co-head of real estate at the firm, says all the European fund’s investments so far have had a credit focus.

More Asia leadership execs exit Schroders after reshuffle

The UK asset manager’s APAC head of wealth is leaving, along with Singapore and South Asia chief Lily Choh, amid a cost-cutting drive.

Japan’s GPIF commits $200m to NREP

The investment represents GPIF’s second direct investment in a European real estate fund and its fourth overall in private real estate funds.

S2 Capital closes Fund II with backing from multifamily offices

The multifamily specialist’s latest vehicle also marks the first time the firm is making rescue capital investments.

TPG Angelo Gordon reshuffles Asia real estate leadership

The executive changes come as the firm’s long-time Asia real estate head, Wilson Leung, prepares for his upcoming retirement.