Sectors

Gaw Capital to wind down US, Europe institutional businesses

The Hong Kong-based manager is ‘going back to our roots’ by emphasizing its pan-Asia strategies for institutional investors.

Brookfield aims to triple real estate AUM in Asia-Pacific in five years

The firm’s regional real estate activity over the past 12 months was more than treble its average in prior years.

Blackstone’s Miyasaki to depart amid leadership changes in Asia

The firm’s current COO for real estate in Europe will be relocating to Singapore to assume Miyasaki’s role as head of acquisitions for Asia.

Starwood, the next generation

Barry Sternlicht and his successor, Jonathan Pollack, discuss the wide-ranging implications of the firm’s new leadership structure.

L&G and Federated Hermes’ fund merger reflects ‘evolved’ market

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

Hillhouse-backed Samty closes Japan-focused debut fund in two months

The firm, which is among a select few managers raising dedicated hospitality funds in the region, is eyeing additional vehicles targeting the multifamily sector.

BlackRock closes sixth European value-add real estate fund

The fund fell short of its predecessor in size, but ranks as the fourth-largest Europe-focused real estate equity fund closed this year.

BNP Paribas REIM launches €300m wellness-focused fund with QC Spa

The manager has purchased two assets via its Spa Property Fund and is in advanced discussions for a third.

Hospitality’s rise, fall and recovery

More institutional capital has entered the hospitality space as traditional sectors like offices and retail face challenges.

Listed REIT manager The RMR Group eyes private market expansion

The Massachusetts-based firm has hired Torchlight’s Mary Smendzuik as head of capital formation to grow its $12bn unlisted property business.