Value-Add

Value-add strategies move into the spotlight

Capital raised for value-add funds has surged amid a scarcity of blockbuster fund closures or launches in the opportunistic space.

Aware Super makes debut commitment to student housing

The Australian super fund has pledged €426m to a venture that will also provide its first exposure to German real estate.

Greystar’s head of capital formation joins Hawkeye Partners to grow fund platform

Jennifer Ciullo, a nine-year veteran of the resi giant, comes to Hawkeye as the firm expands from seeding emerging managers to launching its own real estate funds.

A rising tide for real estate secondaries

As managers seek liquidity without relinquishing prized assets, secondaries are becoming a permanent channel for capital flow.

Newport Capital Partners on the resurgence of everyday essential retail

Capital is once again returning to the retail sector in a big way, say Newport Capital Partners’ Derrick McGavic and Josh Kagan.

Secondaries funds punch above their weight in real estate fundraising

Secondaries-focused fundraising totals represented just 4% of private real estate fundraising in 2025, but the strategy continues to attract capital commitments.

Mississippi PERS sees early recovery from core managers’ rebalancing

Although the firms all leaned more heavily into niche strategies, they diverged on how to recalibrate their office exposures going forward.

Greystar eyes up to $3bn for 12th US flagship fund

The South Carolina-based residential giant has already raised $1.5bn in six months for the value-add multifamily vehicle.

TPG Angelo Gordon adopts ‘top-down’ approach for latest flagship fund

The firm has a $3bn target and more rigid sector allocations for Realty Value Fund XII, the first launch in the global series since Angelo Gordon’s acquisition by TPG in 2023.

Longpoint holds close for debut European fund

Texas Permanent School Fund is among the investors backing the Boston-based manager’s value-add fund targeting German and Dutch logistics properties.