Europe

The first tranche of capital raised for the vehicle comprises significantly more new relationships and non-US investors than is typical for the fund series.

Sansiri Capital Partners agreed to buy the 19th century Italian palazzo for €230m in September.

Capital raised by closed-end private real estate funds remains stubbornly low in aggregate, but assessing fundraising by time spent in market identifies areas of notable momentum.

At Expo Real in Munich this week, international panelists debated the merits of European real estate in an environment of higher interest rates.

By adding value-add and opportunistic capability, the deal will help the German manager ‘reduce complexity’ for large investors, says its real estate chief.

AI’s appetite for electricity is forcing investors and developers to rethink how data centers grow, with renewable energy moving from the sidelines to the heart of operations, writes Elisabeth Jeffries.

Investors are on alert for a growing number of red flags that extend beyond power and land access to sustainability, cybersecurity and data sovereignty.

PEI Group data shows that investors and managers continue to prioritize technology-focused real estate despite a tougher fundraising environment.

Investors are applying newfound pressure on expenses and fee structures after years of real estate underperformance.

The Houston-based real assets manager will elevate three executives into new roles at the highest tier of the organization.