Value Add

Slättö targets €500m for third Nordic value-add fund

In its first investment for the fund, the manager has acquired a 40% stake in a Swedish student accommodation portfolio.

Lazard: Liquidity is returning, albeit selectively

A recovery in activity levels is forming as institutional appetite turns positive during the first half of 2024, says James Jacobs, head of real assets for Lazard’s private capital advisory group.

Bigger is not always better for dealmaking 

Two fund closings this week demonstrate how targeting below-average deal sizes can give managers an edge.

Faropoint looks to fly ‘under the institutional radar’ with third fund

The firm is looking to deploy most of the $915m raised for the vehicle into deals averaging $10m in size.

Four key takeaways from the 2024 PERE 100 and PERE 200

Crunching the numbers on PERE’s flagship manager rankings reveals the uneven impact of ongoing fundraising headwinds.

Sterling Organization’s retail fund becomes oversubscribed

The decline of the five-day commute has been a boon for suburban retail, according to the manager.

Inside HSBC’s real estate reboot

Victoria Sharpe, the UK banking group’s head of real assets, explains how the firm is building a different – and enduring – property business the second time around.

Pennybacker closes on fourth-largest real estate fund this year

The firm, which closed $100m over its target for Fund VI, is part of a growing percentage of managers beating their fundraising goals.

The PERE 100 and PERE 200 are moving sideways

In a tough fundraising market, the largest managers are increasingly utilizing co-investment vehicles and separate accounts to stay competitive.

EQT Exeter’s Minneapolis industrial portfolio purchase cost about $475m

The manager is buying 24 properties comprising 5 million square feet from logistics giant Prologis with equity from its $4.9bn sixth industrial value-add fund.