Opportunistic

Ares closes sixth and largest European opportunity fund

The fund, which raised €2.24bn, is also the largest Europe-only real estate fund to close so far this year.

Blackstone reports improving market, ‘pent-up demand’ for performance

Executives at the world’s largest real estate manager are less optimistic about a fundraising recovery.

Blackstone’s LePatner: ‘We’ll be the largest owner of data centers globally’

The New York-based firm says it now has a $70bn data center portfolio, and significantly more in the pipeline.

GCM Grosvenor expands European resi partnership with Matter

The Chicago-based alternative asset manager is teaming up with the London-based firm to invest in two platforms focused on the sector.

TRS Texas commits $300m to new managers 

The investor is an outlier in an industry increasingly skeptical of emerging managers.

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.

Azora triples down on US residential with $3bn venture

The Spanish manager has partnered with US developer Advenir to build 10,000 single-family homes and buy 5,000 existing rental units.

New Mexico SIC to boost real estate exposure with $5bn commitment plan

The US wealth fund also seeks to increase its non-core allocation, targeting industrial and multifamily.

UK pension fund Nest sees ‘attractive’ development proposition

The investor’s £150m commitment to a BTR joint venture marks ‘quite a departure’ for its real estate strategy, says CIO Elizabeth Fernando.

CBRE’s Barkham: Fed rate cut signals ‘sea change in optimism’

The real estate firm’s chief economist predicts a steady US recovery and a 15-20% jump in transactions next year.