In just over a year, the manager has raised €600m to invest in student accommodation assets across Southern Europe.
The firm’s co-heads of real estate talked about what drove leadership change at the top and what is next for the $49bn business.
At a size of $1.4bn, ACORE Credit Partners II is also the joint fourth-largest private real estate fund closed globally so far this year.
The vehicle represents the firm's only real estate fund launch in the near term as it sits on $12bn of dry powder for the asset class.
The New York-based mega-manager is now approaching its target for the vehicle, bolstered by a pickup in European real estate opportunities.
The Dutch pension investor’s head of research and analytics real assets believes AI helps to democratize investment team discussions.
A senior representative from the central bank played down the risks associated with banks’ commercial property exposure at the PERE Network Europe Forum this week.
Speaking at the PERE Network Europe Forum, the CEO and CIO of real estate at the asset management giant said Europe’s debt funding crisis is about to intensify.
Industry practitioners anticipate embodied carbon will become a greater focus for prospective buyers in the future.
The partial exit by the Toronto-based manager and its joint venture partner Investment Corporation of Dubai is a marker for institutional investors looking at doing business in the region, Jad Ellawn, Brookfield’s head of Middle East, told PERE.