Europe

The ‘big two’ remain private real estate’s biggest fundraisers, but evidence points to other firms getting more investor attention these days.

The central bank says valuations should reflect the current market downturn and lack of transaction activity.

The New York-based private real estate manager is ‘advancing’ the capacity of the platform it launched last year.

The UK private pension fund has acquired 3,000 homes in the country’s largest-ever deal for shared ownership housing.

With only a 7.4% increase, the investor also recorded a slower climb in real estate commitment compared with prior years.

The London firm now counts a sovereign fund among investors in the series, for which it also uses social media marketing to raise capital.

However, the average allocation to private real estate across all institutions rose from 6.9% in H1 2022 to 8% in H1 2024.

The executive’s promotion to chief of staff follows a senior management reshuffle announced at the end of July.

The €5.1bn acquisition of the insurer’s investment management business by the bank would also see the latter’s real estate business become significantly more diversified.

Owners considering sales may want to bring assets to the market sooner rather than later, says Rasheed Hassan, head of global cross-border investment at Savills.