News & Analysis

Being a public REIT with a private capital business will require adeptly managing potential conflicts between the two.

The world’s largest REIT faces a daunting fundraising market, but the top executives in its strategic capital business are up for the challenge.

Impact-related strategies bucked a downward trend for overall real estate fundraising last year.

Inside: PERE talks to CDPQ’s head of real estate Rana Ghorayeb; Industry leaders discuss India’s property market; A 12-page special report on Japan; And much more…

Stephenson Harwood partners Sarah de Ste Croix and Gabriel Boghossian outline the main ways continuation funds in the real estate sector differ from their private equity cousins in the secondaries market.

Tasked with navigating the pension’s C$75bn property portfolio through a turbulent environment and the organization’s own unprecedented restructuring, Rana Ghorayeb is undaunted.

PERE data shows that investors and managers continue to target the strategy, especially in North America.

The California-based real estate manager hit the hard-cap on its second fund, which will target US hospitality and residential properties.

The real estate vehicle is the first to have a ‘value-add-plus’ strategy after the Dallas-based manager combined two of its fund series.

The vehicle also is the firm’s first fund raised since the sale of GCP’s international business to Ares Management.