Value-Add

In a risk-on market, anchor investors are opting not to go it alone

For some groups, partnering with other capital providers can make it easier to take a chance on a less established fund strategy.

Danish pensions anchor first close of Urban Partners’ regeneration fund

PensionDanmark and SamPension are both backing the Northern Europe-focused vehicle as first-time investors with the Copenhagen-based manager.

Japanese real estate investors raise return targets amid rising rates

The country’s institutions are recalibrating their core-heavy strategies to focus more on value-add opportunities.

Income Insurance to rethink real estate strategy amid macro challenges

The Singaporean insurer is exploring new investment strategies – including credit – to optimize returns in a higher cost environment.

EQT sets $6bn target for its US next industrial fund

If met, the fundraising goal for the manager’s latest flagship vehicle would place it among the largest single-sector funds ever raised.

CPP Investments adds first dedicated hospitality strategy in Korea

The strategy builds on the Canadian firm’s recent hospitality investment in Japan.

The residential underwriting reset

As the era of cheap debt fades, investors are relying on income growth, stronger asset selection and more disciplined capital management to drive returns.

BDT & MSD backs launch of US light industrial platform 

Founded by former Black Creek and Ares execs, Speed Bay Warehouse Solutions has scored $250m from BDT & MSD to acquire multi-tenant warehouses.

Bridge raises $1.4bn US logistics fund with international backing

Utah-based manager, acquired by Apollo last year, exceeds the value-add vehicle’s $1bn target – and raises quadruple the capital of its predecessor fund.

Greystar raises record European residential fund

The South Carolina-based sector specialist secured €2.2bn for its second value-add fund in the region, with another €550m in co-investments.