Hospitality

Mapfre to propose expansion of real estate strategy

Spain’s largest insurer to date has amassed an approximately €2bn property portfolio, focusing on prime office assets in major European cities.

Azora to close largest-ever Southern European real estate fund

The Madrid-based manager has already hit its revised target for the vehicle, which is due for a final close by mid-year.

New World addresses investor interest amid Blackstone speculation

Hong Kong developer responds to report that the PE firm is in talks to become its largest shareholder.

CPP Investments adds first dedicated hospitality strategy in Japan

Out of the investor’s 10 dedicated Japan-only vehicles in the past, at least six of those have been focused on the industrial sector.

ActivumSG launches first hotel-focused fund

The manager is expanding beyond its pan-European diversified fund series to raise capital dedicated to hospitality assets in Southern Europe.

Bain closes third flagship fund at $3.4bn

The Boston-based manager is targeting an eclectic mix of sectors, including marinas and golf courses.

KKR raises $1.1bn for third European opportunistic fund

The New York-based manager plans to deploy the proceeds into in the hospitality, logistics and living sectors, among others.

KKR, PAG to buy Japanese brewer Sapporo’s real estate arm for $3.1bn

The deal will close in three stages through 2029, with the managers set to acquire an initial 51% in June 2026.

Wentworth launches private credit platform with SHK seed commitment

The platform, which is backed by the Asian alternative investment platform, will focus on transitional lending in the mid-market.