Opportunistic

The opportunity is distress – without the big discounts

Active private real estate investors are buying up assets from owners under pressure. But they are less fixated on bargains.

Investec launches UK real estate equity strategy

The UK and South African bank is raising capital from investors to acquire real estate assets on a deal-by-deal basis.

PIMCO targets €750m for first data center fund

PIMCO will invest the fund’s capital across Europe via its dedicated data center development and operating company Apto.

Noble hires Fifth Wall’s head of capital formation for new role

Angela Johnson will focus on cultivating new investment opportunities emerging in the US hospitality sector.

Blackstone is ready to talk about its Embassy REIT exit

With support from some of India’s biggest domestic investors, the exit from Embassy REIT generated a 3x to 3.5x return for Blackstone.

ActivumSG appoints fundraising veteran Lemer for growth drive

The firm has hired a former EQT Exeter executive to lead investor engagement, fundraising, co-investment and business development functions.

Institutional interest in European real estate is evidently growing

Attractive pricing and green shoots of liquidity in Europe present an increasingly compelling proposition for global capital markets to get behind.

Malaysia’s KWAP to double real estate AUM by 2025

In addition to expanding into non-core strategies, the investor is planning to increase its pool of real estate funds from five to 15 by 2025.

Brookfield launches its first opportunistic European vehicle

The manager has established a regional sidecar to invest alongside its flagship opportunistic global fund for the first time.

Flexing fund terms will have knock-on effects, say lawyers

Investors may be amenable to investment period extensions in today’s climate, but lengthening the fund term could have more serious implications.