Sectors

Value-add strategies move into the spotlight

Capital raised for value-add funds has surged amid a scarcity of blockbuster fund closures or launches in the opportunistic space.

Lazard: Investors place premium on operational real estate

Institutional investors are increasingly focused on sectors that require active management, according to James Jacobs, head of real assets for Lazard’s private capital advisory group.

Aware Super makes debut commitment to student housing

The Australian super fund has pledged €426m to a venture that will also provide its first exposure to German real estate.

Starwood eyes ‘attractive entry point’ after $10.2bn close for Fund XIII

Launched in a ‘different environment’ for real estate in 2023, the firm’s latest flagship fund gathered enough momentum over the past year to top its $10bn fundraising goal.

Greystar’s head of capital formation joins Hawkeye Partners to grow fund platform

Jennifer Ciullo, a nine-year veteran of the resi giant, comes to Hawkeye as the firm expands from seeding emerging managers to launching its own real estate funds.

Matter Real Estate appoints ex-Ares exec to lead Europe push

The London-based residential manager has hired its first head of Europe as it looks to scale its platform on the continent.

Partners Group on navigating the ‘complex middle’ of bespoke mid-market secondaries

Real estate secondaries has come of age in a higher-rate world, but investors need to do more than price illiquidity to gain an edge, say Henrik Orrbeck and Stefan Lempen at Partners Group.

Kayne Anderson’s Rabil: ‘You either adjust or you die’

With the manager’s real estate arm set to be acquired by Bridgepoint in a $1.4bn deal, CEO Al Rabil says investors’ changing allocation habits are driving a need to scale.

Greystar eyes up to $3bn for 12th US flagship fund

The South Carolina-based residential giant has already raised $1.5bn in six months for the value-add multifamily vehicle.

Invel closes second and largest Southern European fund

The manager has pulled in €400m for its oversubscribed opportunity fund focused on Greek and Italian markets.