Indirect

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.

POBA’s Song sees a ‘golden opportunity’ to invest in real estate

The South Korean pension fund has kicked off its return to equity investing in the asset class with commitments to logistics strategies.

NPS’s Kim: ‘We won’t shy away from smaller ticket size opportunities’

The team plans to invest in small to mid-sized managers, co-found new platforms, and accept investments under $100 million.

Aquilius leads A$200m recap for Australia’s Serenitas

Serenitas co-founder GIC exited its stake in the land lease community operator to Mirvac and PEP last year for A$1.01bn.

Madison International hires Shah for growth-platform investment role

The New York-based private real estate manager is ‘advancing’ the capacity of the platform it launched last year.

Brookfield makes further real estate secondaries push in Europe

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

DOWNLOAD: Q1 2024 fundraising remains at a 12-year low

With only $19.8bn raised, the first quarter of 2024 recorded the lowest Q1 fundraising amount since 2011 when $15.2bn was corralled.

Download PERE’s 2024 Secondaries & Recapitalizations report

Inside: How continuation funds are driving manager-led opportunities; Europe and Asia play catch-up in the real estate secondaries market; Plus expert comment from industry leaders; And much more…

Real estate secondaries drop to pre-2021 levels from record high

Ares Management data shows deal volume for the asset class fell 21% in 2023 from the record $12.4bn clocked the year prior.

DOWNLOAD: Investor appetite for private real estate remains robust for 2024

Although 38% of investors were overallocated to the asset class in 2023, only 27% plan to invest less capital this year.