Opportunistic

Blackstone buys pan-European logistics portfolio for €1bn

The New York-based manager bought an 80% stake in South Africa-listed Burstone’s Pan-European Logistics platform on behalf of its BREP X and BREP Europe VII funds.

Brookfield puts London’s Citypoint tower on the market

The debt secured on the 36-storey office building is due to be repaid in January 2025.

Bressler’s final vindication  

Renowned real estate leader and investor Léon Bressler passed away last Friday after an illness. Most will remember his many market achievements, but his meticulous estate planning must be lauded, too.

Kayne Anderson raises $1.5bn first close for seventh flagship fund

The Los Angeles-based firm is expected to hold a final close for the opportunistic fund in H1 2025.

Savills’ Down: Rate cuts do not necessarily mean better pricing

Those expecting values to be correlative to debt ‘are holding out for something that won’t happen,’ says the capital markets executive.

ADIC expands Korean logistics exposure with LaSalle

Third logistics deal for investor-manager partnership comes on the back of strong interest in South Korea from Middle Eastern investors.

ESR awaits the right timing for C-REIT listing

The firm is looking for the right conditions to float the vehicle amid volatile C-REIT market pricing in China.

Ares JV capitalizes on Hyatt exit plan with $1.07bn Orlando buy

The transaction for the Hyatt Regency Orlando, the largest for a US hospitality asset so far this year, is a result of a disposition strategy set in 2021.

Blackstone fund commitment marks pivot for CPP Investments

Canadian pension fund’s €500m commitment suggests shift in fund investment strategy.

Blackstone and Brookfield are no longer the default option

The ‘big two’ remain private real estate’s biggest fundraisers, but evidence points to other firms getting more investor attention these days.