Europe

Insurance companies have long managed outside capital, but where scale exists, balance sheets are increasingly being rethought of as growth engines, writes Deborah Smith, CenterCap co-founder and CEO.

In targeting French retail investors, the manager seeks to broaden its capital base amid a ‘very competitive’ market for institutional capital.

As US and Canadian managers scale up in European real estate credit, The PERE Podcast spotlights recent plays by QuadReal, Brookfield and others, as well as the factors driving them.

The firm is considering internalizing the management of the platform to capture enterprise value for its investors, according to global head of real estate Nick Montgomery.

The pension partnership has received £430m of fresh capital into the fund, with up to £500m more expected next year, according to head of UK real estate Alistair Smith.

The superannuation fund’s head of property expects to deploy more capital in the country than any other region next year.

There may be a swath of real estate firms seeking a capital partner to stay competitive, but only those with targeted growth plans are catching investors’ attention.

Jorge Duarte spearheaded the rollout of the Houston-based manager’s European core-plus vehicle, Hines European Property Partners, in 2022.

The real estate arm of the Swedish private equity firm was previously among a handful of top managers without an executive in the key role.

The A$200bn Australian retirement fund has appointed an executive in London to lead valuations of direct infrastructure and property investments.