Office

TPG to step up real estate deployment with $15bn of dry powder

Included in the firm’s arsenal of capital is $2.5bn raised for two Asia real estate funds following its acquisition of Angelo Gordon.

For building conversion strategies, it is all about pricing

Most change-of-use projects are not economically viable, but falling prices, looming debt maturities and potential government assistance could change that.

DOWNLOAD: Q1 2024 fundraising remains at a 12-year low

With only $19.8bn raised, the first quarter of 2024 recorded the lowest Q1 fundraising amount since 2011 when $15.2bn was corralled.

CIM Group on driving returns beyond market trends

Charting a new path for returns means getting back to basics, says Jolly Singh, a principal of portfolio oversight at CIM Group.

Coima launches strategic partnership with Intesa via office deal

The firm’s chief executive Manfredi Catella is also looking to partner with other Italian institutions on a range of real estate initiatives.

Mounting distress will invigorate the real estate transaction market

The impact of rising rates on borrowers has yet to catalyze a wave of distressed sales. But there are signs they are coming.

ACORE Capital closes largest debt fund of 2024 to date

At a size of $1.4bn, ACORE Credit Partners II is also the joint fourth-largest private real estate fund closed globally so far this year.

Blackstone reaches $7.6bn in equity for BREP Europe VII

The New York-based mega-manager is now approaching its target for the vehicle, bolstered by a pickup in European real estate opportunities.

Investors decide it is time to discuss trophies again

Amid a stalled private real estate marketplace, institutional investors at the PERE Network Europe Forum contemplated how now could be a good time to buy large office and retail properties.

Real estate owners expect future pricing to reflect embodied carbon

Industry practitioners anticipate embodied carbon will become a greater focus for prospective buyers in the future.