Alternatives

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

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.

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

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.

The California pension with nearly $370bn in assets is building allocations to industrial and multifamily and curtailing office exposure to match policy targets.

Elevated capital costs and government policy shifts have brought historic variance in rent and NOI growth, Davidson Kempner notes in a white paper.

The LGPS pool has pledged $90m to a fund managed by Heitman as it continues to build out its global real estate portfolio.

Not only do the country’s top-ranking institutions remain financially healthy, but the sector will also benefit from new demand drivers, writes Jessica Hardman, CEO at Aboria Capital.

The combination of two UK property funds will create a £4.7bn platform amid shifting preferences from domestic pension schemes.

The PERE Podcast spotlights Starwood’s $2.2bn deal for Brookfield’s Fundamental Income Properties and the latest convergence of real estate debt and equity.