Value Add

For mid-sized managers seeking M&A, one factor is essential

There may be a swath of real estate firms seeking a capital partner to stay competitive, but only those with targeted growth plans are catching investors’ attention.

Korea’s NPS acquires minority stake in Sweden’s Areim

The investment is understood to be the pension fund’s first stake acquisition in a European real estate manager.

UK’s Border to Coast backs first US value-add fund

The LGPS pool has pledged $90m to a fund managed by Heitman as it continues to build out its global real estate portfolio.

Japan’s local markets thrive as value-add takes a front seat

Commercial real estate transactions in Q1 2025 rose by 24% year-on-year in the country, according to CBRE, with activity driven primarily by deals involving large global players.

APAC real estate sees activity rebound, despite fundraising dip

So far this year, 23 vehicles targeting APAC markets have closed with a capital raising total of $28.78bn, nearly double the totals from this time last year.

Florida SBA commits $1.57bn to real estate in Q2 

Including $625m to funds and $880m to JVs, it is the pension investor’s highest quarterly allocation to the asset class in at least 10 years.

Texas TRS forms $260m Swedish logistics venture

The public pension committed an initial $100m to launch the venture with Stockholm-based manager Brunswick Real Estate.

Schroders names former OTPP executive as head of Asia real estate

The current head of real estate, Andrew Moore, will stay with the firm, and in Hong Kong, as chairman of its Asia real estate business.

South Korea’s NPS upped real estate commitments by 19% in 2024

The pension fund added at least 10 new funds and direct investments to its real estate portfolio last year.

Rising manager stake sales reflect greater fundraising confidence

A Hodes Weill report finds a surge in deals for non-controlling interests as buyers underwrite AUM growth for real estate managers.