Regions

As redemption queues linger, investors with dry powder are capitalizing on repriced assets, explain StepStone Real Estate’s Margaret McKnight, Jennifer Jones and Andrew Mitro.

Investors are redefining risk and rethinking what belongs in a core portfolio across Europe, the Americas and Asia-Pacific.

The first PERE Core 100 manager ranking comes as institutional appetite for real estate’s lowest risk and return profiles is expected to return.

PERE has started ranking managers by their fundraising for core and core-plus risk and return profiles at a widely anticipated transitional time for private real estate.

Non-traditional property types are the future of core real estate investing, explains Kayne Anderson’s Kyle Mayes.

Nearly 90% of the equity raised by Core 100 managers went into sector-specific vehicles, with residential and industrial attracting the largest shares.

Looking to build an investment platform rivaling its property management empire, the firm is targeting $1bn for a logistics fund with plans for another in the living sector.

As mounting opposition to data centers meets rising anxiety over AI, private real estate’s hottest sector faces more than just a regulatory problem.

Almost a third of all recorded investment went into just 10 acquisitions, the largest top 10 since 2020 – and the second largest in a decade.

In a departure from its recent activity, the investor has committed most of its real estate capital to indirect vehicles so far this year.