Value-Add

Multifamily specialist Platte Canyon launches with Inceptiv backing 

The manager is targeting sub-institutional deals in five US markets.

Oxford Properties’ M7 stake sale ‘was always the plan’

With a divestment to AustralianSuper, the Canadian pension investor is executing a long-term plan to achieve scale in European logistics.

Verdion nears final close for second logistics fund

The London-based logistics manager has already doubled the capital raised for its previous European value-add vehicle in 2020.

Texas TRS earmarks nearly $700m to five managers

The pension’s December commitments included $400m to a co-investment vehicle with Blue Owl and $75m to a new manager relationship.

DOWNLOAD: FY 2024 fundraising volume down 50% from peak

Just $131.1bn was raised last year for private real estate funds, marking a third consecutive year of decline.

NBIM buys $1bn stake in US logistics portfolio from CPP

The Oslo-based manager picked up a 45% stake in a joint venture with Australian outfit Goodman, which will maintain its 55% ownership.

Look Ahead 2025: Hines sees early-cycle office and retail as solid bets for outsized returns

Favorable pricing and undersupply will help to bolster performance in real estate’s most maligned sectors, says global head of research Josh Scoville.

PwC survey: Bid-ask spreads narrowing, M&A to pick up in 2025 

Lower debt costs and a growing appetite for operationally intensive alternatives will drive merger activity.

Stonepeak holds final close on debut real estate fund

The milestone comes four years after the New York-based infrastructure giant formally launched a dedicated platform in the asset class.

BlackRock makes strategic changes for its Asia real estate fund

With a focus on transparency and liquidity, Fund VI will exclude Hong Kong and China, and will further limit exposure to the office sector.