The venture between the US manager and the Netherlands’ biggest pension has made an initial investment in Leiden, Netherlands.
Hundreds of real estate managers have reported assets are at financial risk owing to new environment regulations.
The firm remains interested in the rest of the IFC Seoul complex, with the acquisition setting 'the tone' for its future Korean investments.
With a target of $8bn, Carlyle Realty Partners X is shaping up to be one of 2024’s largest fundraises.
While others said no to moving to Asia, the relocation was one of the major turning points for the executive's 40-year real estate career.
The largest US pension fund eyes non-core funds for its next round of allocation to the asset class.
The California pension plan’s backing of the vehicle marks its first investment with the New York-based manager.
The pension plan has made significant headway toward its annual pacing target with a $300m investment in Carlyle Realty Partners X.
Mathieu Elshout, formerly head of sustainability and impact investing at Patrizia, will join the Australian superannuation fund in London.
Through a third investment in Bulk Infrastructure, the New York-based firm looks to meet demand for AI-ready data centers, says its co-CEO.