Sectors

NBIM unveils three-part plan to overhaul real estate strategy

The world’s largest sovereign wealth fund will target platform and fund investments, as well as private residential strategies, for the first time.

KWAP’s Hamid: ‘You cannot miss a vintage’

The Malaysian pension fund’s head of investments and acquisitions for real estate sees supportive conditions in Europe for non-core deployment.

Sculptor closes Fund V, beats $3bn target by over 50%

With co-investment capital, the New York-based manager’s latest opportunistic vehicle is more than double the size of its predecessor.

Artemis raises $1bn for healthcare real estate in under six months

Continuity concerns over the manager’s $650m sale to Barings appear to be quelled as it pulls in its second-largest capital haul to date.

Kayne Anderson raises $2.5bn for Fund VII, on track to beat target

The Los Angeles-based firm is targeting a net IRR of 15-18% for its seventh flagship opportunistic fund, which has a $3bn target.

Blue Vista, UBS and Extra Space form US self-storage venture

With an initial $600m capitalization, the partnership aims to assemble the country’s largest privately owned self-storage platform.

Breakthrough bets on life sciences rebound with $430m fundraise

The Tishman Speyer and Bellco Capital JV is back with a second fund in what its CEO called ‘the most compelling investment window in years.’

Private real estate grapples with increasing ambiguity

PERE America Forum participants discuss how the convergence of property and other asset classes has created new opportunities – and new problems.

Clarion Partners appoints EMEA distribution lead, eyes M&A

The US manager has made a key hire to help fulfill an ambition to double its assets under management in Europe in the next five years.

APG’s Asia real estate boss to depart

Graeme Torre’s successor Brian Hung has led the team’s entry into a number of new strategies in Korea and Australia over the past 12 years.