Opportunistic

Treacy to step down as CLI consolidates private funds business

The Singapore-headquartered firm will combine its real estate and alternative assets units into a real assets platform led by the group CEO.

Ares closes fourth US real estate fund with record $3.3bn haul

All told, the Los Angeles-based manager now has $5.5bn to target distress real estate opportunities in the US and Europe.

Korean, Japanese investors diverge at PERE Japan Korea Week

One major takeaway from the week-long event was the differing real estate estate appetites between Korean and Japanese investors.

Harrison Street expands senior living portfolio

The five assets are in Massachusetts, Maryland, New Jersey, Pennsylvania and Virginia.

Lone Star starts LSREF VII investing with £580m UK portfolio deal

The Dallas-based private equity real estate firm has kickstarted its fast deployment plans for the $2.7bn vehicle with a large logistics, retail and offices portfolio.

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.

Lone Star’s fundraising shortfall was caused by multiple factors

Performance is just one reason why a fund with an original target of $6bn ultimately collected less than half that amount.

UBS forms IOS venture with Miramar Industrial

The Swiss bank’s multi-manager real estate business has made an initial commitment of more than $100m to the Los Angeles-based manager.

Lone Star raises half the targeted equity for its latest real estate fund

The Dallas-based private equity real estate firm cites investor liquidity issues and a keenness to get deploying for the $2.7bn final closing for LSREF VII, less than half its initially reported $6bn target.

Greykite closes first deal to seed €300m joint venture

The London-based manager, which launched in March, has made the acquisition on behalf of its debut European real estate fund.