Opportunistic

Blackstone inches closer to launching BREP X

The successor to the sector’s biggest private equity real estate fund, Blackstone Real Estate Partners IX, is expected to be launched this quarter.

Blackstone names China real estate boss after a year

Led by Justin Wai, the firm plans to expand its real estate team in Shanghai this year to accommodate its growing business in Greater China.

Fundraising in 2021 was one of the strongest on record

A rebound in popularity for higher-risk, higher-return strategies helped to recharge capital raising volumes after a muted first half of the year.

GLP launches debut Vietnam fund

APG Asset Management and Manulife have invested with GLP for the first time via the firm’s $1.1bn venture in Vietnam.

Harrison Street forms $1bn JV to build data center campuses

Teaming up with American Real Estate Partners, the Chicago-based firm is betting that multi-building properties are the future for the niche property type.

Carlyle hits $8bn hard-cap on largest and fastest fundraise ever

The $293bn manager launched its ninth real estate fund in January with a $6bn target.

Rabil: Kayne Anderson ‘swimming downstream’ with latest fund

The Florida-based firm’s focus on specialty property types propelled it to a record close for its sixth opportunistic vehicle.

Gaw Capital’s flagship fund corrals $1.2bn in first close

The firm has added medical, life sciences and research-related real estate assets to its latest flagship fund strategy.

Blackstone’s Gray: ‘Deploying capital at scale has gotten easier’

The mega-manager is ahead of schedule on deploying several opportunistic funds and using core-plus capital to close its biggest deals, its COO says.

Warburg Pincus to double target for debut Asia real estate fund

The US firm has already started making investments from the vehicle, which will focus on hard assets and is expected to have significant exposure to China.