Data Centers

The co-founder of the proptech venture firm believes ideas like extra-terrestrial data centers exemplify how investors should be thinking about modern real estate as commercialized space.

Citing strong performance this year by listed REITs, Blackstone’s president expects a private-sector recovery as soon as borrowing rates and volatility ‘start to settle down.’

Around 18 months after ending its US multifamily program and refocusing on the industrial sector, the manager’s real estate arm is preparing a fresh diversification push.

The multi-manager has already deployed $1bn out of its latest secondaries fund and related vehicles, with an early emphasis on data center investments.

In its latest sector outlook, the manager said a key consideration for an asset is its capacity to host ‘the tenants of the future.’

Capital raised for value-add funds has surged amid a scarcity of blockbuster fund closures or launches in the opportunistic space.

Launched in a ‘different environment’ for real estate in 2023, the firm’s latest flagship fund gathered enough momentum over the past year to top its $10bn fundraising goal.

Recapitalizations are emerging as a way to bridge Europe’s funding gap, combining capital discipline with operating expertise to enable platforms to institutionalize and grow, say Schroders Capital’s Kieran Farrelly and James MacNamara.

The new entrants have closed some of the largest private real estate funds this year, but can they serve two disparate investor groups?

With the Iran war exposing the volatility of energy pricing and the fragility of global supply, real estate managers consider how renewable energy can help mitigate the risks.