Christie Ou
Half the fund has been deployed into office investments including Cross Street Exchange in Singapore and 44 Market Street in Sydney.
The investment banking giant's real estate platform now has a sole global head, along with new heads of EMEA and Asia-Pacific.
The Tishman Speyer and Raffles partnership marks a rare alliance between a real estate manager and a multi-family office.
The record-breaking fund had such an outsized impact on H1 capital raising, PERE examined what the numbers looked like without it.
The price of an interest rate cap has become one of the biggest obstacles for real estate owners in negotiating a loan extension.
The record-breaking size of BREP X during a slow first-half distorted the fundraising breakdown by strategy and regional focus.
Perlman was instrumental in launching some of Asia’s biggest real estate firms, including industrial specialist ESR Group.
The asset class has become less attractive than private equity and infrastructure due to the challenges in office and retail.
Japan’s GPIF is the latest institution to look to private real estate’s mega-managers for making proxy plays at any point in the cycle.
The world's largest pension fund previously invested in three fund of funds managers focused on the sector.