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PERE's Asia-Pacific reporter Christie Ou explores the fallout from Ares Management's mega-deal for logistics manager GLP Capital's ex-China business; Blackstone predicts better days – and bigger returns – ahead for real estate, CBRE Investment Management gets creative in student housing; PIMCO sees another leadership shakeup; Goldman Sachs sizes up a “new normal” for interest rates; and more in today's briefing, exclusively for our valued subscribers.

Private real estate market participants weigh in on the ramifications of the US Federal Reserve's long-awaited interest-rate cut; Generali Real Estate recruits a senior executive from Morgan Stanley to help pursue its lofty ambitions in third-party capital management; Invesco Real Estate and Hines are the latest managers to feel the allure of private wealth, forming partnerships and making key hires in the space; and more in today's briefing, exclusively for our valued subscribers.

Office headwinds keep heavyweight investors CDPQ and NBIM's real estate performance down; CPPIB performs a strategic U-turn and returns to cutting big checks to mega-funds, with a commitment to Blackstone's latest European opportunity fund; ex-CalPERS real estate boss Ted Eliopoulos bolsters the capital markets capabilities of the world's biggest logistics landlord; and more in today's briefing, exclusively for our valued subscribers.

Prologis chief Hamid Moghadam is considering how a Trump presidency would impact business; Blackstone is limbering up to be the largest financial investor in AI infrastructure across the globe; population tracking sees Pretium close its sixth flagship fund successfully; and more in today's briefing, exclusively for our valued subscribers.

Redemption requests spike following Starwood’s decision to limit withdrawals from its own private REIT, though firms are satisfying the cash-outs for now; GIC is ramping up on Chinese residential with a housing joint venture; Gaw Capital is also ratcheting up its residential holdings, but in the fragmented Australian market; and Meadow Partners and Faropoint look to fly under the institutional radar while on the hunt for deals; in today's briefing, exclusively for our valued subscribers.

Goldman Sachs Alternatives' final close for West Street Real Estate Credit Partners IV brings it a $7 billion lending capacity; Real estate prices in developed markets in Asia are down 10 percent from their peak in 2022, creating a entry point for investors; Tishman Speyer makes its first industrial acquisition in Europe which doubles as the firm’s first data center project; and more in today's briefing, exclusively for our valued subscribers.

Blackstone reaches mega-fund status – and eyes another fundraising record – with Blackstone Real Estate Partners Europe VII, raising $7.6 billion to date; EQT Exeter focuses its closed-end fundraising efforts on Asia-Pacific with its latest logistics offering; ACORE closes on the largest real estate debt fund so far this year at $1.4 billion; and more in today’s briefing, exclusively for our valued subscribers.

Executives weigh in on the impact of central bank decisions on real estate investing; CDPQ promotes Rana Ghorayeb, chief executive of its real estate lending arm Otéra Capital, to its new head of real estate; Starwood Capital Group acquires a minority stake in Asia logistics heavyweight ESR Group as the firm seeks to expand in the region, and more in today's briefing, exclusively for our valued subscribers.