Sectors

Sculptor raises $250m for new non-traded REIT

Sculptor Diversified Real Estate Income Trust launched in 2023 amid a challenging year for private REITs.

The opportunity is distress – without the big discounts

Active private real estate investors are buying up assets from owners under pressure. But they are less fixated on bargains.

Investec launches UK real estate equity strategy

The UK and South African bank is raising capital from investors to acquire real estate assets on a deal-by-deal basis.

PIMCO targets €750m for first data center fund

PIMCO will invest the fund’s capital across Europe via its dedicated data center development and operating company Apto.

ESR’s ARA Private Funds sale has three carve-outs

Although the firm will continue to own other parts of ARA Asset Management, the APF sale itself includes notable exclusions.

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.

Qualitas on bridging the growing debt gap

Australia’s population growth, combined with the ongoing withdrawal of its banks from commercial real estate debt, is spawning opportunities for alternative lenders, say Qualitas’s Mark Power and Dean Winterton.

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.

Crow Holdings Capital closes its biggest fund yet

The Dallas-based manager closed the 10th fund in its flagship value-add series on $3.1bn, a 35% increase on the previous fund.

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.