Managers

Harrison Street’s 10th flagship fund hits $1bn within one month

The fund’s target sectors include data centers and student housing.

ESR sells one-third of stake in Cromwell Property Group

ESR will remain Cromwell’s largest shareholder, retaining a 19.9% shareholding, after selling 10.8% in a block trade.

Mesirow raises $1.25bn fund targeting US apartments

The Chicago-based firm’s fifth and largest fund to date came in over-subscribed, with 72% of capital committed by returning investors.

JPMorgan AM creates new global real estate head role

The firm looks to unify and streamline its operations across different markets with the new appointment.

Invesco hires former GS executive to grow APAC investor coverage

This appointment is part of Invesco Real Estate’s broader effort to expand its investor coverage team in Asia-Pacific.

‘A jumbo jet in turbulent skies’: How Brookfield raised $16bn and counting

The PERE Podcast delves into the fundraise shaping up to be Brookfield Asset Management’s largest to date in real estate, and where the manager is actively deploying.

Brookfield’s Baron: The pressure on investors has eased

After Brookfield held an institutional close on what is set to be its largest-ever real estate fund, the firm’s CIO for real estate sees investors growing in confidence as transactions tick up.

Hines’ APAC capital-raising lead departs shortly after hire

Joseph Tien’s departure follows other leadership changes at Hines, including the exit of Europe CIO Alexander Knapp.

Gaw enters the Middle East with a $150m investment

On the back of growing expatriate demand and foreign investment, the firm has acquired a residential development in Abu Dhabi.

Hillhouse’s Rava debuts in Gulf with a school platform

Companies backed by Rava Partners are considering setting up teams in the region to support their platform expansion plans.