Value-Add

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

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

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.

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

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

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.

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

Proprium has exited its 35% stake in the European hotel business to its co-owner, 17 years after making its original investment.

While its debut fund was backed mainly by family offices, the firm saw significant institutional support for Catalyst IOS Fund II.