Charlotte D'Souza
The UK-focused manager credits the 'positive social impact’ of its funds and its B Corp status for its largest fundraise yet.
PERE Europe members highlighted vast differences in legislation and stakeholder expectations when investing on a global scale.
UK industrial was among the sectors in which delegates at PERE Europe said values may have found a floor.
The listed group has set its sights on raising €250m from institutional investors, amid growing interest from public groups in the private fund model.
Real estate debt fundraising is soaring, as per PERE’s 2023 ranking of the 50 largest credit fundraisers. But the firms wielding the most firepower these days will surprise you.
The Augsburg, Germany-based firm will now be run by DWS's former CEO, who resigned last year in the wake of greenwashing allegations.
Another year of growth for the 50 biggest debt capital raisers belies the slowdown in wider real estate fundraising.
As price discovery prevails, the €36.5bn total represents the lowest quarterly volume since Q2 2012, according to MSCI Real Assets.
Buyers say competition for deals is heating up amid sharper value declines and prices potentially bottoming out in some sectors.
The Stockholm-based manager aims to broaden its client base and evolve its product offerings with the hire of a former JLL managing director.