PEI Group Data

H1’s subdued deal recovery skipped the mid-market

Global investment volume fell across all deal size categories during the first half-year except for transactions greater than $1bn.

Ares seeks $3.25bn for fifth US real estate opportunity fund

The manager is also eyeing a final close next quarter for its first Japan logistics fund post-GCP acquisition.

Net IRR dispersion is widening once more

A broader range of return outcomes among vintage-2023 funds demonstrates the impact of the market correction on private real estate performance.

Retail property investment is back on the rise

A deep slowdown in construction activity is creating an imbalance between limited supply and budding demand.

Investors back convenience-oriented retail formats as capital returns to sector

Limited new supply and necessity-led demand are reshaping the investment case for retail real estate.

Necessity-based assets revive global retail

Values remain below their peak, but margins are compressing again as consumers weather shocks and the e-commerce outlook darkens.

Starwood eyes ‘attractive entry point’ after $10.2bn close for Fund XIII

Launched in a ‘different environment’ for real estate in 2023, the firm’s latest flagship fund gathered enough momentum over the past year to top its $10bn fundraising goal.

Kayne Anderson’s Rabil: ‘You either adjust or you die’

With the manager’s real estate arm set to be acquired by Bridgepoint in a $1.4bn deal, CEO Al Rabil says investors’ changing allocation habits are driving a need to scale.

Greystar eyes up to $3bn for 12th US flagship fund

The South Carolina-based residential giant has already raised $1.5bn in six months for the value-add multifamily vehicle.

PERE Credit 100 launch arrives at an industry-wide inflection point

PERE’s debut ranking of the top 100 private real estate credit fundraisers is preceding a cycle where managers are expected to play a more significant role in refinancing and supporting the real estate industry’s transaction momentum.