News

Real estate fundraising looks very different without the Big Two

The absence of Blackstone and Brookfield from the market has made way for smaller funds, new manager names and shorter fundraising times.

CBRE IM creates role to target growth in European value-add

Former Hines executive Paul White will head up CBRE IM’s Europe Value Partners series, for which the manager has not raised a fund since 2018.

Hines appoints fund manager for European value-add series

Longstanding HEREP series fund manager Paul White is leaving the business after 18 years.

Heatwaves are disrupting valuation assumptions

Climate risk modeling for retail assets focuses on the building. What it misses is the income, writes Sophie Taysom, founder of London-based climate and sustainability advisory firm Keyah, and Dean Magee, chief data scientist at Melbourne-based data analytics firm Geografia.

Ares Management to buy retail-focused Whitestone in $1.7bn deal

The transaction marks the third privatization of a retail-focused REIT by a top 10 PERE 100 manager over the past year.

ASRS’s Copeland is positive about reduced real estate allocation target

The Arizona pension’s private markets head remains keen to recycle capital into new opportunities in an SMA-heavy real estate program.

La Caisse, Prologis form €1bn pan-European JV

The investment consolidates most of the pension manager’s regional logistics portfolio into one platform.

Realty Income’s Sumit Roy: ‘We were capital constrained’

In an exclusive interview on The PERE Podcast, the $60bn market cap REIT’s CEO explains why private fundraising will now fuel the listed property specialist’s growth plans.

ABP’s development push is a contrarian play

In investing €1.25bn to build new homes, the Dutch pension fund is becoming an outlier in an increasingly development-shy market.

BGO seeks ‘deep operating expertise’ with Bell Partners acquisition

Having previously relied on joint ventures with operating partners to drive performance in residential, BGO will leverage these capabilities in-house with Bell, says co-president Amy Price.