Managers

The sovereign wealth investor has joined forces with Aldar Properties and Ares Management for a $1bn investment drive.

The London-based manager is seeking €1bn for the successor to its €250m Metropolitan Fund, dedicated to special situations logistics real estate investments.

While Saunders was the only key man in its Asia funds, MacDonald and Ju will become the co-managers for its existing and upcoming funds.

The New York-based manager has elevated two of its senior executives to help lead the $65bn AUM global platform.

Voting for the 70 categories in the 18th edition of private real estate’s most anticipated awards is launching today. Tell us which organizations and individuals made the biggest marks on the private real estate sector in 2023.

The industry body has urged the European Commission to consider a new labeling system akin to what the UK FCA is proposing for the SDR.

The acquisition marks the entry of the asset manager’s alternatives unit into real estate following its launch in 2021.

PGIM Real Estate purchased the 11-story office block in late October from Kennedy Wilson for a reported £38m.

The firm has endorsed three executives in North America and one in Asia-Pacific as its real estate business continues to grow.

He launches real estate investment management firm Makarora to capitalize on current market opportunities.