Managers

The London-based manager has held a first close on €60m and is aiming to raise €300m for a strategy that focuses on Greece and Italy.

More than 60% of respondents to an Urban Land Institute survey said concerns about the risks involved in decarbonizing assets have led to acquisitions not going ahead.

The Dallas-based manager raises €400m in a first close for its Invesco Real Estate – Europe Fund III.

In the event’s opening panel, managers’ duty to decarbonize the real estate sector was brought into question. For some, protecting assets for a warmer climate is just as important.

The overall picture for assets without a clear path to decarbonization is complex and unclear, managers said on a PERE Network webinar.

The real estate business of the Paris-based private equity firm has attracted €300m in commitments for its third value-add investment fund.

The Newport Beach-based manager has closed its second property credit fund on $3bn, more than double the size of its predecessor.

The Certified Metrics tool, which is being piloted by managers including PGIM Real Estate, will be the first to benchmark the ‘S’ in ESG.

The investment manager believes the impact on returns of energy-efficiency upgrades will be more ‘manageable’ than previously feared.

The New York-based proptech firm has hired two executives from Ares and Prospect Ridge to lead the new platform.