Sectors

TPG makes second entity-level real estate transaction in Europe

The firm’s acquisition of Quintain Developments Ireland from Lone Star for €200m follows its takeover of Intervest in May.

Private real estate weighs in on ‘unpredictable’ US election

Although most respondents say the outcome would affect their business, less than half are putting off investment decisions.

USS buys £405m UK housing portfolio from Blackstone

The UK private pension fund has acquired 3,000 homes in the country’s largest-ever deal for shared ownership housing.

Adam Hines joins Hines’ office of the CEO

The executive’s promotion to chief of staff follows a senior management reshuffle announced at the end of July.

Blackstone in $1bn US multifamily exit

The manager is offloading 11 properties to REIT Equity Residential in separate transactions.

BNP Paribas’ AXA IM purchase to create €117bn French giant

The €5.1bn acquisition of the insurer’s investment management business by the bank would also see the latter’s real estate business become significantly more diversified.

Virtú Investments, Goldman Sachs acquire Seattle apartments for $175m

The manager’s open-ended Evergreen Fund contributed equity to the deal, which was financed by a Corebridge Financial loan.

Carlyle raises over $3bn for real estate in Q2

Commitments to the firm’s latest opportunistic strategy are ‘materially higher’ than the figure revealed in its earnings statement, says CEO Harvey Schwartz.

Coima launches €200m fund for 2026 Olympic Village development

The Milan-based manager will convert the property into student housing following the 2026 Winter Games.

DOWNLOAD: H1 2024 fundraising remained in the doldrums

With only $59bn raised in the first half of the year, 2024 is on track to be the worst fundraising year since 2012.