Managers

Next Contenders 2025: Asset managers ramping up in real estate

For Sixth Street and Stonepeak, 2024 was a pivotal year for their growing property platforms.

Next Contenders 2025: First-time managers led by experienced executives

Town Lane and Greykite, two start-ups launched by established industry dealmakers last year, defied the odds with early fundraising and deployment successes.

Meet 2025’s next contenders in real estate

Three years on from our debut list, PERE highlights a new group of managers striving to become private real estate’s next powerhouses

Blackstone raised $8bn for its closed-end real estate funds last year

‘We see that we’re firmly on this recovery path for real estate,’ said the manager’s president and COO, Jon Gray.

First-time manager Alpaca raises $100m for tech-driven fund

New York Common is among the backers of the firm’s first opportunistic vehicle.

Legislative changes loom large over private real estate

Political uncertainty has led to redirected capital flows and decisions being put on hold.

Urban Partners targets German growth following Viessmann investment  

Greater access to investments and local business networks is a strategic objective for the Copenhagen-based conglomerate.

EQT shutters US multifamily unit amid wider strategic shift

The Swedish private equity firm, which has rebranded its real estate platform, also has hit pause on office and life sciences investments.

CIM Group makes senior hires to expand global investor coverage

The firm has hired two capital market veterans from Harrison Street and Argo Infrastructure to lead the fundraising effort in EMEA and APAC.

Investor trio backs Matter’s UK single-family rental platform

UBS, GCM Grosvenor and Abrdn have committed £145m across two funds managed by Matter Real Estate for its Placefirst housing business.