The real estate secondaries market is poised for significant growth, driven by increased demand for capital, attractive discounts to net asset value and a broadening range of transaction types.
Ares Management data shows deal volume for real estate secondaries fell 21% in 2023 from the record $12.4bn clocked the year before.
The US has traditionally dominated the real estate secondaries market, but Europe and Asia are poised to make up ground.
Inside: Multifamily – Private real estate’s surprise problem child; Looking for opportunities in India; A 10-page special report on retail; Plus much more…
Inside: How continuation funds are driving manager-led opportunities; Europe and Asia play catch-up in the real estate secondaries market; Plus expert comment from industry leaders; And much more…
A broad pipeline of manager- and investor-led deals is emerging in the current liquidity-constrained market, fueling long-term growth.
Henderson Park has purchased the Arizona Biltmore Hotel, former haunt of Marilyn Monroe and Frank Sinatra, from Blackstone for $705m.
While the largest diversified funds still rule the pack, capital is increasingly flowing to vehicles with a singular investment focus.
Inside: From fundraisers to dealmakers and innovators, we reveal the winners of our annual awards – are you among them?; Plus expert analysis from industry leaders; And much more…
Inside: Why more capital is flowing into single-focus funds; How sentiment is slowly improving in Europe; Plus much more…