Managers

Real estate ESG professionals feel lost and burned out

Decarbonization is mission-critical for private real estate. But ESG professionals in the industry say they are too stressed and overworked to achieve meaningful change.

MARK holds final close for Crossbay II, readies successor

The London-based firm turned away approximately €200m in commitments for its second pan-European logistics-focused fund.

BlackRock creates dedicated co-investment role in Europe

The firm has promoted Thorsten Slytå to the new position, which was established in response to growing demand for more direct investment.

ADIC Asia head to lead Warburg, Lendlease JV

Bart Price, the sovereign wealth fund’s head of growth markets real assets, will join as chief executive of the platform by early next year, PERE understands.

Hongkong Land hires its first CIO from Mapletree

The appointment comes as the firm plans to more than double its assets under management to $100bn including third-party capital.

Octopus appoints Spain lead to support European expansion

The UK manager aims to bring all of its real estate equity and debt strategies into Spain and elsewhere in Europe over the next three years.

Hong Kong’s Link makes new hire to grow investment management business

Prior to Milan Khatri’s appointment, the firm hired BlackRock’s former head of Asia real estate to run its overall investment business.

Greystar eyes another close for its essential housing fund

The fund has $350m in the pipeline across 10 US markets.

Berkshire Global Advisors: Rate cuts should help stimulate M&A

The right sector exposure is important for buyers, but sellers will be predominantly those looking to scale up with larger firms, writes Berkshire Global Advisors’ Drew Murphy.

Oaktree to grow credit business in Japan with new hire

The US firm’s real estate credit business has previously focused on the US, Europe and Australia.