Opportunistic

Greykite’s debut fundraise reaches $1.4bn at second close

The vehicle is on track to be one of the largest Europe-focused first-time real estate funds upon final close, which is expected by mid-2026.

Starwood’s Sternlicht on ESR privatization: ‘Our goal here is to clean it up’

Starwood Capital’s chairman and CEO anticipates the transaction will ‘create very high returns’ for the mega-manager’s Fund XII.

Starwood, the next generation

Barry Sternlicht and his successor, Jonathan Pollack, discuss the wide-ranging implications of the firm’s new leadership structure.

APAC real estate sees activity rebound, despite fundraising dip

So far this year, 23 vehicles targeting APAC markets have closed with a capital raising total of $28.78bn, nearly double the totals from this time last year.

Florida SBA commits $1.57bn to real estate in Q2 

Including $625m to funds and $880m to JVs, it is the pension investor’s highest quarterly allocation to the asset class in at least 10 years.

Värde raises €450m continuation fund to back Spanish developer

Investors in the fund include US asset manager Cross Ocean Partners and indirect real estate funds managed by CBRE Investment Management.

Institutional capital in Asia-Pacific is eyeing the Anglosphere

The region’s investors will increasingly look to broaden its geographic footprint in English-speaking countries outside of the US, writes CJ Morrell, head of Japan at Fiera Capital.

South Korea’s NPS upped real estate commitments by 19% in 2024

The pension fund added at least 10 new funds and direct investments to its real estate portfolio last year.

Female founder Angel Li: ’At that moment I felt unstoppable’

On The PERE Podcast, the Avatar Capital founding partner reflects on her debut fundraise, erasing self-doubt and supporting the next generation of women leaders.

What’s in a hard-cap?

Setting an upper limit for a vehicle’s size still serves an important purpose in today’s tough real estate fundraising market.