Value-Add

Invesco Real Estate raises return target for US Fund VI

The Dallas-based manager is seeing more higher-risk, higher-return opportunities for its largest-ever US non-core real estate fund.

Tishman Speyer hires US capital raising head

The New York-based manager hired a former Heitman executive almost a year after Matt Brody left the role.

DOWNLOAD: Q1 fundraising hits post-GFC low

The $12.4bn raised in Q1 2023 is the lowest first quarter total recorded.

Hospitality-focused PPHE sees ‘ideal moment’ for maiden fund

The listed group has set its sights on raising €250m from institutional investors, amid growing interest from public groups in the private fund model.

Westbrook projects larger debt allocation to Fund XII

The New York-based manager previously had invested as much as 18% of a fund’s capital with prior vehicles in the series.

Partners Group: Building economies of scale

Partners Group’s Jessica Wichser and Kelly Xu address the challenges associated with scaling up management-intensive value-add residential and logistics portfolios

Fidelity International: Value-add goes green

The rapid repricing of real estate assets, high energy prices and tenants’ preference for sustainable assets is helping the case for ESG-focused refurbishments, argues Fidelity’s Maarten Frouws

Private wealth rushes in where institutional capital fears to tread

High-net-worth investors are capitalizing on the absence of institutional capital ‘to acquire assets that are usually beyond their reach.’

Carlyle spinout launches funds business with Hong Kong investor

Ascent and its family office partner will invest and incubate new real estate platforms that would be eligible for C-REIT exits in China.

Asian investors become top source of private RE capital

Capital raised from European investors fell the most by almost 43% as the region was hard-hit by the denominator effect.