PERE Staff
Fundraising growth slows for the largest real estate debt managers – but their success outweighs the rest.
Guiding the growth of specialist operators in sectors driven by global megatrends can add value for real estate investors, say Macquarie Asset Management’s Eric Wurtzebach and James Kemp.
Smaller real estate assets can often be acquired at very favorable values, offering multiple exit ramps, says Arrow Global Group’s Zach Vaughan.
Submit your nominations for our annual list celebrating the achievements of women working in alternative assets.
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.
PIMCO’s Francois Trausch warns of a funding gap if rates do not come down amid a looming tsunami of refinancing; AXA IM Alts' Isabelle Scemama speaks out against the ESG pushback as the firm prioritizes returns amid efforts to decarbonize its global property portfolio; the ECB offers a note of calm on banks' exposure to real estate; and more in today’s special edition briefing from the PERE Network Decarb Forum and PERE Network Europe Forum, exclusively for our valued subscribers.
Blackstone is making a splash in the multifamily market by acquiring all outstanding common shares in Apartment Income REIT in a $10 billion deal for BREP X; Bain Capital Real Estate looks to re-enter open-air retail space with a new North American joint venture; GID Investment Advisers, Affinius Capital and CBRE Investment Management all hire senior capital raisers; and more in today's briefing, exclusively for our valued subscribers.
Multifamily distress is creating both challenges and opportunities for private real estate managers, as PERE's April 2024 cover story examines; Blackstone has made two high-profile exits from investments in the US and South Korea, returning capital to investors in a wide range of vehicles; PAG-led consortium buys the world's largest mall operator in $8.3 billion deal; and more in today's briefing, exclusively for our valued subscribers.
Inside: A special report on why retail can make a comeback; How in-story shopping and e-commerce can work together; Plus expert comment from PGIM Real Estate
Inside: Multifamily – Private real estate’s surprise problem child; Looking for opportunities in India; A 10-page special report on retail; Plus much more…