News & Analysis

The first PERE Core 100 manager ranking comes as institutional appetite for real estate’s lowest risk and return profiles is expected to return.

PERE has started ranking managers by their fundraising for core and core-plus risk and return profiles at a widely anticipated transitional time for private real estate.

Nearly 90% of the equity raised by Core 100 managers went into sector-specific vehicles, with residential and industrial attracting the largest shares.

Looking to build an investment platform rivaling its property management empire, the firm is targeting $1bn for a logistics fund with plans for another in the living sector.

Almost a third of all recorded investment went into just 10 acquisitions, the largest top 10 since 2020 – and the second largest in a decade.

In a departure from its recent activity, the investor has committed most of its real estate capital to indirect vehicles so far this year.

With more projects getting blocked or delayed by legislative action, managers consider the ramifications for investment strategies.

Rachel Farrell will leave the £68bn UK pension fund, which is looking to in-house more investment decision-making while also working with a broader range of GPs, PERE has learned.

Funds closed in H1 2026 that raised over $5bn spent more than three times as many months on the road as similar-sized funds did five years ago.

The bank’s asset management arm predicts strong demand for inflation-protected assets from institutions, insurance and private wealth clients, says real estate chief Jim Garman.