Opportunistic

Blackstone creates two senior real estate roles in Japan

The firm is understood to have executed $8.2bn of real estate transactions in the country over the past 15 months.

Jadian Capital lines up $2bn for second fund, 40% above target

Eyeing an eclectic mix of niche property types, the manager more than tripled the haul of its previous opportunistic vehicle.

Hillhouse’s Rava Partners to launch $2bn-plus second fund

Co-led by Warburg Pincus’s former partner Joe Gagnon, the firm deployed approximately 40% of Fund I’s capital in 2024.

Where Blackstone’s Heady sees opportunities in APAC real estate

One investment theme in the region has been executing large transactions with Japanese corporations shedding non-core real estate.

Manulife IM makes first real estate hire in Australia

The new recruit follows a wave of senior appointments globally including the return of its Asia real estate CIO Kenny Lam in 2023.

UBS real estate veteran teams up with Aboria Capital

Eric Byrne, who co-founded UBS Asset Management’s real estate and private markets multi-manager business, will support the emerging UK firm as senior adviser.

Areim doubles data center fundraise in return to market

The Swedish manager reopened its previously closed fund and secured an additional €450m from investors to support larger-capacity builds.

GCM, Artemis-backed Brasa closes third opportunistic fund on $580m 

The firm, run by former AEW execs, targeted public pension investors via emerging manager programs.

Data centers raise growing concerns from industry executives

The ‘hype’ around the sector has led some executives to take a more cautious stance, members heard at the PERE Network Asia Summit last week.