Middle East

Brookfield’s Teskey: ‘This was the best Q1 fundraising quarter we’ve ever had’

Among the $20bn raised by the Toronto-based firm during the period was $2.2bn for its fifth flagship real estate fund, BSREP V.

Europe’s value-add momentum

Discounted pricing combined with rental growth prospects for high-quality assets are creating ideal market conditions for value-add strategies to flourish.

DOWNLOAD: Q1 2024 fundraising remains at a 12-year low

With only $19.8bn raised, the first quarter of 2024 recorded the lowest Q1 fundraising amount since 2011 when $15.2bn was corralled.

ICD Brookfield Place sale should set a precedent, says Brookfield boss

The partial exit by the Toronto-based manager and its joint venture partner Investment Corporation of Dubai is a marker for institutional investors looking at doing business in the region, Jad Ellawn, Brookfield’s head of Middle East, told PERE.

Former Cerberus executive joins GID Investment Advisers

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

Investcorp launches $526m venture for US industrial

The venture is backed by two sovereign wealth funds and follows a 2021 industrial partnership with the same investors.

Deep Dive: Why 2024 looks bright for the sector-specialists

While the largest diversified funds still rule the pack, capital is increasingly flowing to vehicles with a singular investment focus.

VIDEO: QIA’s Chamdia sees higher rates as an ‘opportunity’

At the PERE Network Asia Summit, the sovereign fund’s global head of real estate said elevated rates had made the sector less competitive.

DOWNLOAD: Investor appetite for private real estate remains robust for 2024

Although 38% of investors were overallocated to the asset class in 2023, only 27% plan to invest less capital this year.

Geopolitical risk should not be easily dismissed

Those who believe conflicts elsewhere in the globe do not have an impact on their investments should think again.