Sectors

Stoneweg eyes ‘one-stop shop’ in Europe with Cromwell acquisition

The addition of Cromwell Europe will double Stoneweg’s AUM and expand its wheelhouse into multiple new markets, says founder Jaume Sabater.

TPG to step up real estate deployment with $15bn of dry powder

Included in the firm’s arsenal of capital is $2.5bn raised for two Asia real estate funds following its acquisition of Angelo Gordon.

A ‘Grand’ makeover after 144 years for Venice’s Hotel Bauer

The historic five-star hotel on the Grand Canal has been closed since 2022 for renovation, and now has a new owner.

DOWNLOAD: Q1 2024 fundraising remains at a 12-year low

With only $19.8bn raised, the first quarter of 2024 recorded the lowest Q1 fundraising amount since 2011 when $15.2bn was corralled.

CIM Group on driving returns beyond market trends

Charting a new path for returns means getting back to basics, says Jolly Singh, a principal of portfolio oversight at CIM Group.

ACORE Capital closes largest debt fund of 2024 to date

At a size of $1.4bn, ACORE Credit Partners II is also the joint fourth-largest private real estate fund closed globally so far this year.

Real estate owners expect future pricing to reflect embodied carbon

Industry practitioners anticipate embodied carbon will become a greater focus for prospective buyers in the future.

Proprium sells stakes in Motel One for €1.25bn

Proprium has exited its 35% stake in the European hotel business to its co-owner, 17 years after making its original investment.

London’s BT Tower to swap telecoms for tourism

US hotel owner-operator MCR Hotels has agreed to purchase the telecommunications tower from BT Group for a reported £275m.

Real estate investors are unfazed by Japan’s historic rate hike

However, investor preferences and strategies have been changing as the country’s negative interest rate era comes to an end.