Value Add

CBRE’s Barkham: Fed rate cut signals ‘sea change in optimism’

The real estate firm’s chief economist predicts a steady US recovery and a 15-20% jump in transactions next year.

Waterton closes $1.7bn multifamily, workforce housing fund

The Chicago-based firm joins a growing list of managers targeting distress.

BGO completes largest European real estate fundraise to date

The Miami-based manager raised nearly 30% of Fund IV’s equity from co-investment capital, driven in part by platform investments.

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.

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.

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.

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.

Pellicer, Warren complete ex-Rockspring line-up behind new firm

London-based manager Evonite expects to hit the road with its first investment vehicle within the next few months.

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.

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.