Debt

In the report: How private capital is reshaping the APAC property lending landscape; Alternatives lenders find opportunity as banks pull back; Sustainability-linked loans face a credibility risk; Plus, expert comment from Ares Management.

Private capital is chipping away at entrenched monopolies across the region, writes James Alkers.

To close the gap between its actual and target allocations, the system intends to deploy $1.55bn in real estate funds over the next decade.

The vehicle’s $2.6bn final close came months before Brookfield agreed to buy the Los Angeles-based manager’s outstanding shares.

The New York-based manager’s global head of real estate says the firm still expects to double its AUM in the asset class over the next five years, despite the shocking death of co-CEO and former co-real estate head Joshua Pack.

Both the Abu Dhabi wealth fund and Barings’ parent MassMutual will contribute capital to a venture focused on US, Europe and Asia-Pacific debt opportunities.

In part one of a two-part series, The PERE Podcast looks at the top headlines from across 2025. This week, the team focuses on the major stories in real estate credit.

The PERE Podcast breaks down Real Estate Capital Europe’s annual Active Lenders list with perspective from Leumi UK’s Peter Clayton.

The platform, which is backed by the Asian alternative investment platform, will focus on transitional lending in the mid-market.