Value-Add

M&G Real Estate seeks value-add boost with first M&A deal

The UK asset manager has acquired a majority stake in BauMont Real Estate Capital to diversify into higher-returning real estate.

How pooling is opening new avenues for LGPS

The practice enables the UK local government pension schemes to explore new areas of private real estate, such as impact investing.

Deep Dive: The investors to watch in the new cycle

With one eye on the new market cycle, emerging and evolving capital sources are mobilizing to make the most out of an allocation to private real estate.

Aware Super’s UK platform to capture ‘window of opportunity’ in offices

The investor’s newly formed international team has partnered with Delancey to invest £1bn in the UK, with London offices as the initial focus.

CPP Investments establishes first UK single-family rental JV

The £500m commitment to a joint venture with Kennedy Wilson represents the Canadian pension plan’s first foray into SFR in Europe and a chance to ‘really go at scale’ in the sector.

Legal & General acquires stake in Taurus to ramp up US real estate exposure

The deal includes a separate $200m seed investment by the UK pension investor, which cited growing institutional interest in US multifamily and logistics assets and decarbonization initiatives.

TRS Texas commits $300m to new managers 

The investor is an outlier in an industry increasingly skeptical of emerging managers.

Managers should get comfortable with smaller funds

Capital raisers in attendance at Expo Real in Munich this week spoke of the need to adapt fundraising strategies as capital flows remain in the doldrums.

Fundraising showed no signs of a recovery in Q1-Q3 2024

Despite the brighter outlook for attracting capital to private real estate, key metrics point to ongoing challenges for fund managers.

German private wealth investor Pamera launches US division

The Munich-based multifamily office has hired Cord Ernst to run the North American division and struck its first deal in the region.