Charlotte D'Souza
The investor’s newly formed international team has partnered with Delancey to invest £1bn in the UK, with London offices as the initial focus.
The fund, which raised €2.24bn, is also the largest Europe-only real estate fund to close so far this year.
The £500m commitment to a joint venture with Kennedy Wilson represents the Canadian pension plan’s first foray into SFR in Europe and a chance to 'really go at scale' in the sector.
In seeding a first-of-its-kind pan-European student accommodation fund, the manager’s indirect real estate business has shifted its approach to the sector.
During Expo Real in Munich last week, executives tempered hopes of a market recovery citing the influence of geopolitical events on capital flows and investments.
Capital raisers in attendance at Expo Real in Munich this week spoke of the need to adapt fundraising strategies as capital flows remain in the doldrums.
The LGPS collective has tasked Orchard Street with deploying £100m to decarbonize direct UK real estate assets.
The firm has hired two former Ares executives to lead its strategic transactions team in the region and oversee the value-add fund series.
With almost half of this year’s ranking witnessing portfolio value declines, institutional investors reflect on a tumultuous period for private real estate.
The investor’s £150m commitment to a BTR joint venture marks ‘quite a departure’ for its real estate strategy, says CIO Elizabeth Fernando.