Regions

Ares Management to buy retail-focused Whitestone in $1.7bn deal

The transaction marks the third privatization of a retail-focused REIT by a top 10 PERE 100 manager over the past year.

ASRS’s Copeland is positive about reduced real estate allocation target

The Arizona pension’s private markets head remains keen to recycle capital into new opportunities in an SMA-heavy real estate program.

Realty Income’s Sumit Roy: ‘We were capital constrained’

In an exclusive interview on The PERE Podcast, the $60bn market cap REIT’s CEO explains why private fundraising will now fuel the listed property specialist’s growth plans.

ABP’s development push is a contrarian play

In investing €1.25bn to build new homes, the Dutch pension fund is becoming an outlier in an increasingly development-shy market.

BGO seeks ‘deep operating expertise’ with Bell Partners acquisition

Having previously relied on joint ventures with operating partners to drive performance in residential, BGO will leverage these capabilities in-house with Bell, says co-president Amy Price.

Galvanize ties fees to emission targets in real estate fund

The energy-focused investment firm has raised $370m for its first real estate fund and plans to get its properties to operational net zero within three years of purchase.

Carmel Partners raises $1.35bn for ninth US multifamily fund

With its latest fund, the firm has pivoted from a focus on ground-up development to buying and upgrading operating assets as return propositions have shifted.

Piecemeal over portfolios: Selective industrial buys and exits show a sharpshooting template ahead

In this week’s episode of The PERE Podcast, EQT’s recent run of industrial sector sales and acquisitions provides a roadmap for how other scaled real estate managers may prioritize bespoke deals over bulk transactions to modernize for the market cycle ahead.

Digital Realty’s fundraise further demonstrates a new kind of contender

The data center giant’s $3.25bn debut fund adds to a growing cohort of listed specialists making significant inroads in private real estate capital markets.

Ares holds final close for US and European value-add funds

The vehicles are the largest in their respective fund series, with US XI also representing the firm’s largest-ever capital haul for a closed-end real estate fund.