Value-Add

DOWNLOAD: Q1 2024 fundraising remains at a 12-year low

With only $19.8bn raised, the first quarter of 2024 recorded the lowest Q1 fundraising amount since 2011 when $15.2bn was corralled.

Alterra closes IOS fund ahead of target and hard-cap

Fundraising for Alterra IOS Venture III was completed within eight months, well ahead of the average time managers are in the market raising their funds.

Schroders on cultivating a customer-centric approach

A shift from passive to active ownership models is key to achieving operational excellence at the asset level, says Schroders Capital’s James MacNamara.

From covid to climate change: Fitwel on redefining risk in real estate

The roadmap for navigating asset value and future-proofing portfolios involves prioritizing people and social performance, says Joanna Frank, president and CEO of Fitwel.

GreenPoint on energy transition: A new asset class in the making

Energy transition might be the buzzword driving an emerging asset class combining real estate, technology and sustainability, says GreenPoint Partners’ Chris Green and Eric Boothe.

Coima launches strategic partnership with Intesa via office deal

The firm’s chief executive Manfredi Catella is also looking to partner with other Italian institutions on a range of real estate initiatives.

Greystar closes 11th fund in US value-add series

The South Carolina-based manager has raised $1.9bn for the latest iteration in its flagship multifamily fund series.

EQT Exeter launches debut Asia logistics fund

The vehicle represents the firm’s only real estate fund launch in the near term as it sits on $12bn of dry powder for the asset class.

Team behind Heimstaden establishes residential manager

Heim Global Investor is targeting a combined €1.6bn capital raise across its first two funds, one aimed at the UK and the other Europe.

NorthBridge closes latest fund at $950m, returns to buying

NorthBridge’s NB Partners Fund IV surpassed its target of $800m, and capital has been deployed to acquire 20 assets so far.