Pei Group Data

Carlyle raises $9bn for largest property fund yet

The Washington, DC-based manager closed its latest opportunistic fund above its $8bn target within a shorter-than-average timeframe.

BlackRock closes sixth European value-add real estate fund

The fund fell short of its predecessor in size, but ranks as the fourth-largest Europe-focused real estate equity fund closed this year.

AEW raises largest property fund yet, but falls short of $2bn target

The Boston-based manager closed its 10th diversified North American opportunistic vehicle on $1.77bn in commitments.

Japan’s GPIF commits $200m to NREP

The investment represents GPIF’s second direct investment in a European real estate fund and its fourth overall in private real estate funds.

Harrison Street’s 10th flagship fund hits $1bn within one month

The fund’s target sectors include data centers and student housing.

Mesirow raises $1.25bn fund targeting US apartments

The Chicago-based firm’s fifth and largest fund to date came in over-subscribed, with 72% of capital committed by returning investors.

Brookfield’s Baron: The pressure on investors has eased

After Brookfield held an institutional close on what is set to be its largest-ever real estate fund, the firm’s CIO for real estate sees investors growing in confidence as transactions tick up.

TPG Angelo Gordon closes its largest-ever European real estate fund

Only 8% of the fund’s capital was raised from investors based in the region, while the majority came from Middle East and APAC investors.

Prologis doubles down on private capital

The world’s largest REIT faces a daunting fundraising market, but the top executives in its strategic capital business are up for the challenge.

Invesco nears final close for European value-add fund

The real estate vehicle is the first to have a ‘value-add-plus’ strategy after the Dallas-based manager combined two of its fund series.