Value-Add

Since her promotion to CEO of AEW Europe, Vanessa Roux-Collet has made plans to expand the firm’s product range.

The manager has secured approximately £100m of equity commitments for the UK-focused fund.

The world’s largest data center REIT by footprint is planning several fund series. Next incoming is a US open-end fund for which a cornerstone raise of up to $3bn is targeted.

The firm is raising capital for three real estate funds and plans to launch a fourth vehicle next month.

As a growing number of covid-era deals underperform, investors are probing whether market timing or poor manager decisions are to blame.

Participants in PERE’s roundtable say a combination of public investment and regulatory reform could help to revive Germany’s stalled economy and real estate market. But they also fear a fragile recovery could be derailed by global events.

With its fifth European logistics value-add fund, the firm has closed the largest private real estate fund globally so far this year.

The New York-based firm hit the $900m hard-cap of its JEN 9 fund, thanks to strong repeat investor support.

Jesse Curtis will lead a platform designed to bring asset management in-house and focus on products offering stable, income-producing investments.

The assets were assembled by Kayne Anderson, which will stay on as a minority investor.