Kyle Campbell

With the initial shock of the pandemic squarely in the rear-view mirror, American managers have the new challenge of finding deals.

The strategic partnership is the first investment the Investcorp Strategic Capital Group has made into a real estate manager.

Q3 2021’s record $51bn of closed capital proves that more than a few mega-managers can benefit from market consolidation.

Fundraising activity took off during the quarter, fueled by a robust market for midsized vehicles and a record-high average closing size.

They were billed as the next big thing in real estate fundraising and impact investing. Author David Wessel explains what really happened.

The $1.6bn takeover of Oak Street by recently formed Blue Owl demonstrates how blank check companies are getting closer to direct real estate investing.

The newly listed asset manager acquired the Chicago-based net lease specialist for $1.6bn. Oak Street says the deal paves the way for further growth.

The partners, along with an unnamed sovereign wealth fund, have already committed $500m to a joint venture to buy and build rentable production space.

The real estate sector is rife with bulls and optimists, individuals more inclined to extoll the virtues of a promising investment than admit the flaws of a bad one. This is particularly true for assets they already own. Given this culture of positivity, it is of little surprise so many in the industry are reluctant […]