Regions

Hines appoints fund manager for European value-add series

Longstanding HEREP series fund manager Paul White is leaving the business after 18 years.

Heatwaves are disrupting valuation assumptions

Climate risk modeling for retail assets focuses on the building. What it misses is the income, writes Sophie Taysom, founder of London-based climate and sustainability advisory firm Keyah, and Dean Magee, chief data scientist at Melbourne-based data analytics firm Geografia.

La Caisse, Prologis form €1bn pan-European JV

The investment consolidates most of the pension manager’s regional logistics portfolio into one platform.

Realty Income’s Sumit Roy: ‘We were capital constrained’

In an exclusive interview on The PERE Podcast, the $60bn market cap REIT’s CEO explains why private fundraising will now fuel the listed property specialist’s growth plans.

ABP’s development push is a contrarian play

In investing €1.25bn to build new homes, the Dutch pension fund is becoming an outlier in an increasingly development-shy market.

Invel founder’s big Greece bet pays off

PERE Deals caught up with Chris Papachristophorou shortly after his firm exited a seminal deal executed during the Greek financial crisis.

Digital Realty’s fundraise further demonstrates a new kind of contender

The data center giant’s $3.25bn debut fund adds to a growing cohort of listed specialists making significant inroads in private real estate capital markets.

Ares holds final close for US and European value-add funds

The vehicles are the largest in their respective fund series, with US XI also representing the firm’s largest-ever capital haul for a closed-end real estate fund.

Regional fundraising paints a mixed picture

Capital raised for North American strategies relative to other regions hit a five-year low last year, with European funds seeing less success reaching their targets.

Altus Group on the narrowing ‘alternative’ premium in niche property sectors

As capital flows into niche real estate, the yield premium that once compensated for asymmetric information and limited transaction history continues to narrow, according to Omar Eltorai, senior director of research, and Alexander Jaffe, regional lead of valuation advisory, at Altus Group.