Europe

The new recruit completes the Atlanta-based manager’s global hiring spree of senior capital raisers over the past year.

Shortly after reaching its long-time goal of $1trn in AUM, Blackstone ushered in Lionel Assant and Kenneth Caplan as co-CIOs. The pair to discuss how the newly created role will aid the firm in its future growth.

The mega-manager’s sale of trophy asset Via Montenapoleone 8 marks Italy’s largest-ever single-asset transaction.

A market’s depth, breadth and historical trading reveal how quickly it may recover from today’s property crisis, says Tom Leahy, MSCI’s head of EMEA real assets research.

US hotel owner-operator MCR Hotels has agreed to purchase the telecommunications tower from BT Group for a reported £275m.

Momentum may be building in the fundraising space, but more managers are making concessions to get a slice of the action.

Default risk in the multifamily sector is growing, catching out some managers and their investors – while creating opportunities for others.

The real estate secondaries market is poised for significant growth, driven by increased demand for capital, attractive discounts to net asset value and a broadening range of transaction types.

Ares Management data shows deal volume for real estate secondaries fell 21% in 2023 from the record $12.4bn clocked the year before.

A broad pipeline of manager- and investor-led deals is emerging in the current liquidity-constrained market, fueling long-term growth.