Alternatives

Investors and managers have remained active in the region during covid, but are still proceeding with caution, delegates heard at the two-day event.

Performance and demand for the digital real estate type are materializing into mega-deals, despite lingering ESG concerns.

The Florida-based firm’s focus on specialty property types propelled it to a record close for its sixth opportunistic vehicle.

The Korean pension is giving the New York manager a mandate to invest in several strategies, including $500m for “market shifts and technology disruptions.”

The newly listed asset manager acquired the Chicago-based net lease specialist for $1.6bn. Oak Street says the deal paves the way for further growth.

The partners, along with an unnamed sovereign wealth fund, have already committed $500m to a joint venture to buy and build rentable production space.

The close is a record for the Chicago-based firm, which is expanding into data centers and single-family rentals with its latest vehicle.

The firm is raising the $1.75bn hard-capped strategy as a series of separate accounts that could be joined together at a later date.

Healthcare real estate assets are becoming increasingly popular, as the sector’s stability attracts investors, writes James Jacobs, head of real estate for Lazard’s private capital advisory group.

A 12-minute conversation about the single-family rental home market: a magnet for both institutional capital and negative media coverage.