Sectors

European real estate will be more competitive in 2025

Despite the weak macroeconomic backdrop, Europe’s property market has a number of favorable conditions on its side, says Dan Mahoney, Europe head of research and strategy at LaSalle Investment Management.

New Jersey DOI eyes $1.2bn in real estate fund commitments

The pension fund expects to make up to eight allocations to equity or debt vehicles this year and is hiring a new investment consultant.

Blackstone pays $2.6bn for Tokyo towers, its largest deal in Japan to date

The manager reportedly outbid KKR and BGO for the mixed-use Garden Terrace Kioicho and its 1.2 million square feet of fully occupied offices.

Stonepeak holds final close on debut real estate fund

The milestone comes four years after the New York-based infrastructure giant formally launched a dedicated platform in the asset class.

Fortress gives a kitsch Japanese icon a lifeline

A new chapter begins for the Fukushima-based hotel and water park, following a $100m offer from the New York-based manager.

London’s historic Brixton Market property set for electric sale

The market’s current owner, a joint venture between TPG Angelo Gordon and Hondo Enterprises, bought the property for £37m in 2018.

Fundraising showed no signs of a recovery in Q1-Q3 2024

Despite the brighter outlook for attracting capital to private real estate, key metrics point to ongoing challenges for fund managers.

Blackstone addresses headline risk at New Mexico SIC meeting 

A bitter labor dispute led to calls for the Santa Fe-based sovereign wealth fund to withhold investments from the firm.

CBRE’s Barkham: Fed rate cut signals ‘sea change in optimism’

The real estate firm’s chief economist predicts a steady US recovery and a 15-20% jump in transactions next year.

Ares closes fourth US real estate fund with record $3.3bn haul

All told, the Los Angeles-based manager now has $5.5bn to target distress real estate opportunities in the US and Europe.