News

Blackstone, DivcoWest ink $2.3bn deal for Hawaii’s Alexander & Baldwin

The managers seek to take private one of the Aloha State’s largest and oldest landowners, with a portfolio of four million square feet across various sectors.

La Française Real Estate Managers appoints new CEO

Philippe Depoux, current chairman of the Paris-based manager, will retire at the end of the year.

Newport by Panattoni raises €100m for pan-European Newport Logistics Fund III

Commitments to date come from high-net-worth individuals and family offices across Europe, the UK, the US and the Middle East.

Tishman Speyer forms separately managed account for German investor

The US manager seeded the vehicle with the purchase of an office building in Paris.

KWAP’s Hamid: ‘You cannot miss a vintage’

The Malaysian pension fund’s head of investments and acquisitions for real estate sees supportive conditions in Europe for non-core deployment.

Sun Life’s private markets manager targets double AUM under Kalsi leadership

Private real estate veteran Sonny Kalsi is to lead a growth strategy for Sun Life Capital Management, which aims to see its assets under management double to $600bn within five years.

Private real estate investors divided over NYC revival

Executives from La Caisse, Blackstone and Hines are as bullish as ever on the world’s largest office market, while CBRE co-CEO Adam Gallistel sees greener pastures in Europe.

Wentworth launches private credit platform with SHK seed commitment

The platform, which is backed by the Asian alternative investment platform, will focus on transitional lending in the mid-market.

Kansas City school pension looks to restart real estate investing

The $683m system hit pause on new investments during the pandemic, but now is considering five fund commitments to boost its allocation.

LaSalle IM names new global CEO, president

Americas head Brad Gries will assume the top job at the Chicago-based manager as incumbent chief executive Mark Gabbay transitions to executive chair.