Industrial

Greystar moves into infrastructure with Hoverman hire

The hiring of Michael Hoverman from CIM Group launches a new vertical for the $76bn US-based real estate manager.

Adam Hines joins Hines’ office of the CEO

The executive’s promotion to chief of staff follows a senior management reshuffle announced at the end of July.

Carlyle raises over $3bn for real estate in Q2

Commitments to the firm’s latest opportunistic strategy are ‘materially higher’ than the figure revealed in its earnings statement, says CEO Harvey Schwartz.

DOWNLOAD: H1 2024 fundraising remained in the doldrums

With only $59bn raised in the first half of the year, 2024 is on track to be the worst fundraising year since 2012.

GIC moves climate risk up the real estate priority list

Chief executive Lim Chow Kiat said climate impacts must now be one of the key factors to consider when assessing potential investments.

LOGOS co-founder to start new logistics firm

Iliffe will spin out part of LOGOS’ business following ESR’s acquisition of the three co-founders’ ownership stakes.

Hines secures over €1bn for European core-plus fund

Commitments and deployment accelerated significantly over the last three quarters.

Moorfield raises £330m for ‘hub and spoke’ fund model

The UK manager has closed its fifth value-add diversified fund and is seeking further capital for sector-specific side vehicles.

EQT Exeter’s Henry Steinberg talks backlash against warehouses

The firm’s president of North America believes NIMBYism will cause development to stall and rents to rise in the popular sector.

Prologis CEO worried about ‘the second-order’ effect of tariffs 

Hamid Moghadam, however, is less concerned about the direct impact of tariffs on China.