The Canadian investor will be partnering with Singapore's Mapletree for the first time to invest in the country.
The manager is seeking to raise a significantly larger vehicle than the £320m EdR RIF II to take advantage of near-term pricing conditions.
The New York-based manager’s president said 'rebuilding momentum takes time' but said the tone of conversations with clients has improved.
The US firm has smashed previous records on the strength of its prior performance, including a 30.4% return for Bridge Multifamily Fund IV.
The Saratoga Springs, New York-based manager has eclipsed the previous record holder by $1bn.
The Dutch pension administrator’s €400m seed funding of M&G’s new living fund is the fourth in a series of large commitments to the sector.
The Michigan-based asset manager has announced the final closing of the fifth vehicle in its flagship value-add real estate fund series.
Hong-Kong-based firm creates separate sleeve to accommodate up to $600m of commitments from North American investors that do not wish to be invested in the country through its seventh pan-Asia flagship fund.
The Nordics-focused manager exceeded its target size by €147m for the fifth fund in its value-add series.
The Boston-based manager, which has exclusively raised overseas capital to date, expects to add US investors with its next capital raise.