Sectors

Blackstone’s LePatner: ‘We’ll be the largest owner of data centers globally’

The New York-based firm says it now has a $70bn data center portfolio, and significantly more in the pipeline.

LGPS Central plans £100m a year in residential fund investments

The UK pension pool made the first investment for its newly launched UK Residential Indirect Property Partnership earlier this month.

GCM Grosvenor expands European resi partnership with Matter

The Chicago-based alternative asset manager is teaming up with the London-based firm to invest in two platforms focused on the sector.

Fundraising showed no signs of a recovery in Q1-Q3 2024

Despite the brighter outlook for attracting capital to private real estate, key metrics point to ongoing challenges for fund managers.

German private wealth investor Pamera launches US division

The Munich-based multifamily office has hired Cord Ernst to run the North American division and struck its first deal in the region.

Blackstone addresses headline risk at New Mexico SIC meeting 

A bitter labor dispute led to calls for the Santa Fe-based sovereign wealth fund to withhold investments from the firm.

Azora triples down on US residential with $3bn venture

The Spanish manager has partnered with US developer Advenir to build 10,000 single-family homes and buy 5,000 existing rental units.

Invesco nears $3bn in European transactions in 2024 to date

In the first nine months of the year, the Atlanta-based manager reached a five-year high for acquisitions in the region.

The GI 100 investors turning to disposals

Certain investors on PERE’s ranking have attributed their shrinking real estate allocations to sales.

New Mexico SIC to boost real estate exposure with $5bn commitment plan

The US wealth fund also seeks to increase its non-core allocation, targeting industrial and multifamily.