Value-Add

M&G Real Estate names new global head

Tony Brown, who has led M&G Real Estate as global head since 2018, will relocate to Australia with his family at the end of June.

‘Differentiation is critical’: Impact fund managers believe momentum will continue in 2025

Impact-related strategies bucked a downward trend for overall real estate fundraising last year.

Continuation funds keep evolving in private real estate

Beyond providing liquidity, continuation funds are becoming a key tool to extend ownership duration, enhance platform value and expand portfolios.

TPG Angelo Gordon on building value-add momentum in Japan

Interest in the Japanese market has increased steadily since the GFC, and sentiment remains positive – particularly for value-add players, says TPG Angelo Gordon’s Tetsu Yaoka.

Ascendant Capital pulls in $750m for ‘stay’-focused real estate

The California-based real estate manager hit the hard-cap on its second fund, which will target US hospitality and residential properties.

Invesco nears final close for European value-add fund

The real estate vehicle is the first to have a ‘value-add-plus’ strategy after the Dallas-based manager combined two of its fund series.

M&G Real Estate to tap third-party capital for value-add strategy

This move comes as the firm approaches full deployment of capital from its first $900m international value-add strategy.

PineBridge Benson Elliot raises €500m for sixth flagship European fund

Participation from US investors declined compared with the fund’s predecessor, but the manager benefited from new capital sources in Asia.

Manulife IM makes first real estate hire in Australia

The new recruit follows a wave of senior appointments globally including the return of its Asia real estate CIO Kenny Lam in 2023.

PGIM Real Estate secures 60% of its target for Asia Fund V

The firm is also in the market with its Australia debt vehicle, which is expected to reach a final close at the end of 2025.