Blueprint: ESR’s delayed C-REIT launch, BREIT’s incoming chief, Warburg Pincus and Lendlease in $1.2bn life sciences deal

ESR postpones the launch of its C-REIT until later in the year, citing the low share prices of existing C-REITs in the market; Blackstone’s Wesley LePatner follows in Frank Cohen’s footsteps as BREIT’s new CEO, after previously replacing him as head of the firm’s global core-plus real estate business; Warburg Pincus and Lendlease make headway on building an Asia-Pacific life sciences platform with a $1.2 billion debut deal; and more in today's briefing, exclusively for our valued subscribers.