News & Analysis

The pension giant’s venture with Dream Industrial REIT comes seeded with a 3.6m-square-foot portfolio spanning Montreal, Toronto and Calgary.

The New York-based manager’s global head of real estate says the firm still expects to double its AUM in the asset class over the next five years, despite the shocking death of co-CEO and former co-real estate head Joshua Pack.

The Toronto-based investor’s head of US investments Ankit Bhatt calls the transaction ‘a foundation for growth in a new sector.’

The managers plan to raise additional capital for their venture focused on grocery-anchored assets in the US and Canada.

The fundraise, which more than doubled its original capital target, represents the largest ever real estate vehicle dedicated to European data centers.

Both the Abu Dhabi wealth fund and Barings’ parent MassMutual will contribute capital to a venture focused on US, Europe and Asia-Pacific debt opportunities.

In part one of a two-part series, The PERE Podcast looks at the top headlines from across 2025. This week, the team focuses on the major stories in real estate credit.

The world’s largest sovereign wealth fund will target platform and fund investments, as well as private residential strategies, for the first time.

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.

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