Europe

The Canadian investor plans to make more fund commitments even as it seeks to trim its manager roster.

In acquiring San Francisco-based Stockbridge for $375m in cash, the firm will also be expanding into IOS and niche residential.

Chris Reilly, who spent the last six years leading Brookfield’s real estate secondaries group, is headed to Pretium to run its property debt and equity businesses.

The PERE Podcast brings a dispatch from the annual trade show in Munich, where managers and investors accepted a clouded market outlook for Europe.

After 23 years at the firm, Europe real estate head and CIO Andy Rofe is due to retire, with his position being split into two distinct roles.

Marcus Day, former co-head of Brookfield’s real estate secondaries platform, has joined LaSalle as it looks to expand its multi-manager and fund of funds offerings.

The Dutch insurer has backed three core and core-plus managers as it further expands its real estate exposure outside of Europe.

The quarter brought in just $30.74bn of capital from funds closed, meaning Q1-Q3 2026 fundraising equates to little more than half of 2025’s full-year total.

Political instability across the region is creating headwinds for sought-after affordable housing deals.

In the face of increasing headwinds, some Expo Real 2026 attendees remained upbeat. For others, harsh truths are sinking in.