The Singapore-based real estate firm had originally planned to complete the capital raise for its second value-add offering in the first half of this year.
The pandemic has led the world’s largest asset manager to rethink its allocation plan for Europe Property Fund V, which just closed on €1.5bn.
The $310m first close for Slate Canadian Real Estate Opportunity Fund II consisted entirely of follow-on commitments from investors in the predecessor fund.
BlackRock's Europe Property Fund V holds final close
A €600m haul just completed for its open-ended Curzon Capital Partners 5 supplements approximately €1.1bn left from its EPISO 5 opportunistic vehicle.
The Boston-based industrial specialist will take its value-add approach to new markets in Europe and Asia-Pacific with Cabot Value Fund VI.
Rockpoint Growth and Income III is the largest to date for the Boston-based manager's lower-risk strategy, which it launched in 2014.
With commercial properties shuttered and daily life shifted online, data-centric real estate has thus found itself higher on investor wish-lists.
While the 2017 peak has not been maintained, fundraising figures show sizable real estate debt funds continue to be raised.
The world’s property markets are watching the country’s doors re-open for indicators of life after coronavirus