Managers

Ares Management data shows deal volume for the asset class fell 21% in 2023 from the record $12.4bn clocked the year prior.

The private real estate arm of Morgan Stanley has agreed an additional year to deploy the fund’s capital amid market challenges.

The executives will be the New York-based asset manager’s first dedicated heads of real estate since Marcus Sperber departed in 2019.

The total of $138.93bn raised in 2023 represented a 41% drop from the $236.04bn raised in the 2021 fundraising peak.

In this podcast, Abby Rosenbaum of Oxford Economics discusses how two key global conflicts will be a drag on performance in differing ways.

The heightened risk of conflict around the world is creating major shifts in real estate capital flows.

The Ares-RXR venture comes at a time when transaction activity in the city has started to tick upward and capital is starting to move.

The new platform is intended to help mitigate miscommunication issues that led to unintended forced sales of properties.

Bridge has invested more than $700m into industrial net lease warehouse properties and built-to-suit development projects since 2021.

Though industry participants see the wind-up order as a long time coming, the mid- to long-term implications for China’s real estate market remain uncertain.