Sectors

Sculptor raises $3bn for fifth flagship fund, its largest ever

The manager also more than doubled the size of its non-traded REIT last year after pulling in another $270m.

Barings agrees to buy Artemis Real Estate Partners 

The takeover of female-founded Artemis by MassMutual’s investment arm would create a top 30 PERE 100 manager.

PAG raises its biggest opportunistic fund at $4bn

PAG saw the participation of Asian investors rise substantially with Fund VIII, increasing to 40% from 25% in the prior fund.

Hongkong Land’s Smith: ‘Recycling capital is our top priority’

The listed company plans to expedite the return of invested capital, including transferring balance-sheet assets to third-party vehicles.

Sixth Street’s ‘Star’ real estate connections

The firm’s C-suite executives may hail from Goldman Sachs, but its property business has multiple links to another industry heavyweight.

Next Contenders 2025: First-time managers led by experienced executives

Town Lane and Greykite, two start-ups launched by established industry dealmakers last year, defied the odds with early fundraising and deployment successes.

DOWNLOAD: Investor appetite for real estate wanes as allocations dip

Six in 10 institutions are now underweight in the asset class, but just 34% plan to up their investment in 2025.

European real estate will be more competitive in 2025

Despite the weak macroeconomic backdrop, Europe’s property market has a number of favorable conditions on its side, says Dan Mahoney, Europe head of research and strategy at LaSalle Investment Management.

Blackstone raised $8bn for its closed-end real estate funds last year

‘We see that we’re firmly on this recovery path for real estate,’ said the manager’s president and COO, Jon Gray.

First-time manager Alpaca raises $100m for tech-driven fund

New York Common is among the backers of the firm’s first opportunistic vehicle.