Sectors

Clarion Partners appoints EMEA distribution lead, eyes M&A

The US manager has made a key hire to help fulfill an ambition to double its assets under management in Europe in the next five years.

Blackstone real estate chief Kathleen McCarthy to step down

The mega-manager’s global co-head of real estate is leaving after 15 years, placing Nadeem Meghji into sole leadership of its $320 billion property business.

PSP, La Caisse explore recalibration of property portfolios  

The two Maple 8 investors are turning a more analytic eye toward real estate investments to drive higher returns, attendees heard at the PERE America Forum.

Madison International to make first investments in Asia

Founder Ron Dickerman expects his firm will begin deploying capital next year amid a ‘very intriguing’ time to explore real estate secondaries in the region.

Brookfield makes first real estate secondaries exits

Strong rental growth allowed the manager to exit portfolios of industrial and student housing assets three years earlier than planned.

APG’s Asia real estate boss to depart

Graeme Torre’s successor Brian Hung has led the team’s entry into a number of new strategies in Korea and Australia over the past 12 years.

EDF Invest makes residential debut in €600m JV with Savills IM

The investment arm of the French energy giant has acquired a 50% stake in the holding company of Savills IM’s European Living Fund.

The private real estate industry ‘got a lot wrong’

A panelist at last week’s Yale Real Estate Conference says a lack of due diligence is partly to blame for current fundraising struggles.

AEW halts Asia flagship fund series amid fundraising challenges

The decision to end the Value Investors Asia series also coincided with significant leadership changes across the globe in 2025.

Steve Ballmer’s family office backs affordable housing funds  

The LA Clippers owner and ex-Microsoft CEO’s Ballmer Group has committed a total of $150m to Avanath and Vistria vehicles in hopes others will follow.