Value-Add

The PERE Podcast brings a dispatch from the annual trade show in Munich, where managers and investors accepted a clouded market outlook for Europe.

The first tranche of capital raised for the vehicle comprises significantly more new relationships and non-US investors than is typical for the fund series.

The Canadian pension’s entry into the market was supported by deepening capital markets and travel tailwinds, says country head Hari Krishna.

By adding value-add and opportunistic capability, the deal will help the German manager ‘reduce complexity’ for large investors, says its real estate chief.

PEI Group data shows that investors and managers continue to prioritize technology-focused real estate despite a tougher fundraising environment.

The $75m commitment builds on the first close for the fund in June, which raised $300m from Dutch investors APG Asset Management and Bouwinvest.

After years of growth, data centers are no longer a niche alternative; they are booming and have become foundational exposure to investment portfolios and the global economy, say Mike Armstrong and Michael Lee of GI Partners.

While university consolidation, reduced competition and predictable demand are key characteristics of both markets, significant differences require a nuanced approach and local expertise, says Landmark Properties’ Walt Templin.

Sustained demand and strong returns have cemented PBSA as one of the most attractive real estate asset classes.

Student housing is more than accommodation, it is critical infrastructure supporting students and enabling university growth, explains The Dot Group’s Nick Porter.