North America

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.

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

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.

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.

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.

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.

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.

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.

The real assets director at the $130bn public pension intends to gradually expand its exposure to the asset class.

Capital raised for North American strategies relative to other regions hit a five-year low last year, with European funds seeing less success reaching their targets.