Residential

The New York-based housing specialist’s fund was backed mostly by US investors, including the Virginia Retirement System.

Labour’s new planning and housebuilding proposals will boost demand for space and increase rental growth in the country’s logistics market, write DTRE’s Robert Taylor and Will Elvidge.

In its first investment for the fund, the manager has acquired a 40% stake in a Swedish student accommodation portfolio.

The manager bought two luxury high-rise apartments for $222m all cash.

The pension plan is targeting ‘niche-type products’ from experienced managers with a ‘strong sourcing network.’

The Toronto-based manager has executed two European deals from its Real Estate Solutions strategy this month alone.

The pension fund committed $1bn to overseas direct real estate funds within six months last year.

The new London-based manager launched by ex-Harrison Street Europe executive Daniel Gorzawski raised the capital for a specific UK living sectors portfolio acquisition.

A recovery in activity levels is forming as institutional appetite turns positive during the first half of 2024, says James Jacobs, head of real assets for Lazard’s private capital advisory group.

The asset manager raised 60% of the commitments for its latest opportunistic real estate vehicle from new investors.