Alternatives

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.

The private real estate industry ‘got a lot wrong’

A panelist at last week’s Yale Real Estate Conference says a lack of due diligence is partly to blame for current fundraising struggles.

Deglobalisation: Alternative assets in a less integrated world

With globalisation in retreat, the implications for private investment are complex. In areas like manufacturing, the push is toward reshoring of portfolio company operations. In risk management, many investors see diversifying their global exposure as key.

Greykite’s Michael Abel: Fast out of the gate

Having secured $1.4bn and counting, Greykite is on track to score a record capital haul for a first-time real estate fundraise in Europe. Founder and CEO Michael Abel speaks with PERE.

Royal London launches healthcare-focused private REIT

The vehicle marks the UK insurer’s entry into third-party capital management in real estate after raising £57bn in other asset classes.

Schroders launches private REIT targeting UK self-storage

The firm is considering internalizing the management of the platform to capture enterprise value for its investors, according to global head of real estate Nick Montgomery.

Wentworth hits A$350m hard-cap for first flagship Australian fund

The Sydney-headquartered manager beat a A$250m target for its first fund and has already deployed 50% of the capital raised.

Greykite’s debut fundraise reaches $1.4bn at second close

The vehicle is on track to be one of the largest Europe-focused first-time real estate funds upon final close, which is expected by mid-2026.