Sectors

Brookfield makes further real estate secondaries push in Europe

The Toronto-based manager has executed two European deals from its Real Estate Solutions strategy this month alone.

GPIF boosted its real estate AUM by 27% in fiscal year 2023

The pension fund committed $1bn to overseas direct real estate funds within six months last year.

Macquarie targets distress, decarbonization with new fund

The asset manager raised 60% of the commitments for its latest opportunistic real estate vehicle from new investors.

Bigger is not always better for dealmaking 

Two fund closings this week demonstrate how targeting below-average deal sizes can give managers an edge.

Faropoint looks to fly ‘under the institutional radar’ with third fund

The firm is looking to deploy most of the $915m raised for the vehicle into deals averaging $10m in size.

Almanac to acquire minority interest in Dermody Properties

The transaction is the third in the New York-based firm’s minority stakes strategy investing in real estate managers.

Three observations on Ares buying GCP’s non-China business

Although the proposed transaction still has many unknowns, some impacts of the deal are apparent even at this early stage.

Carlyle eyes one-and-done close for 10th opportunity fund

With a target of $8bn, Carlyle Realty Partners X is shaping up to be one of 2024’s largest fundraises.

HSBC’s Sharpe: I built my career doing what nobody else wanted to do

While others said no to moving to Asia, the relocation was one of the major turning points for the executive’s 40-year real estate career.

Pennybacker closes on fourth-largest real estate fund this year

The firm, which closed $100m over its target for Fund VI, is part of a growing percentage of managers beating their fundraising goals.