BGO

Having previously relied on joint ventures with operating partners to drive performance in residential, BGO will leverage these capabilities in-house with Bell, says co-president Amy Price.

The Des Moines-based pension fund is considering real estate allocations to new managers.

Private real estate veteran Sonny Kalsi is to lead a growth strategy for Sun Life Capital Management, which aims to see its assets under management double to $600bn within five years.

During a webinar launching PwC and ULI’s latest report on European real estate, panelists debated where the best value can be found.

The commitment marks the second time the pension giant has partnered with a foreign manager to invest directly in Japan’s real estate market.

The manager said it pulled in $260m in co-investment capital after identifying three power-ready sites suited for data centers.

The mega manager aims to reach $120bn in real estate AUM in the region over the next five years. Achieving that target is another matter.

Blackstone’s dominance aside, little else has remained the same about the industry’s largest capital raisers over the past decade.

The first tranche of capital raised for the vehicle comprises significantly more new relationships and non-US investors than is typical for the fund series.

Deal volumes in Australia rose 16% year-on-year in the first six months of 2026.

Over 70% of mergers so far this year involved a full or majority purchase, a shift from 2025, a Hodes Weill report found.

Only one of the pension giant's property co-heads will now lead the business, ending a dual-leadership structure introduced in December 2024.

The Australian super fund has pledged €426m to a venture that will also provide its first exposure to German real estate.

While the classic succession model in private real estate involves a single heir apparent, multiple founder-led businesses are prioritizing optionality instead.

Non-alts buyers are stepping into the breach as large, publicly traded investment managers take a breather, according to Drew Murphy, partner and head of the private markets advisory practice at Berkshire Global Advisors.

Delegates at the PERE Network Asia Summit worried primarily about the wider ripple effects of the Middle East conflict.