Retail

The PERE Podcast brings a dispatch from the annual trade show in Munich, where managers and investors accepted a clouded market outlook for Europe.

CBRE Investment Management’s indirect business is once again backing the Dutch manager’s retail parks strategy, but this time on behalf of a different capital base.

The Los Angeles-based manager scored a $100m commitment to the value-add vehicle as part of a broader strategic partnership with GCM Grosvenor.

Amid a slow fundraising environment for the Boston-based manager’s debut private real estate vehicle, its CEO says it is patiently building its track record via new JV relationships.

The Los Angeles-based manager’s PCCP Equity X and PCCP Credit XI both rank among the top 10 largest funds closed this year.

The investor, which has links to a large shopping mall owner, also sees opportunity in sustainable real estate, said principal Julian Marwitz.

Asset over sector selection is increasingly defining the way institutional private real estate is approaching the sector now, delegates heard today at the PERE Europe Forum in London

The California-based manager has raised both its largest fund and co-investment vehicle with Whitman Peterson Partners V.

Global fund managers continue to steer clear of new investment in China, focusing instead on finding ways to dispose of existing assets.

Leveraging the global real estate footprint of its principal client bpfBOUW, the Dutch firm is for the first time offering international mandates to other institutions.