Blackstone raises $25bn for private equity secondary funds
Blackstone has announced the final close of its latest global secondaries strategy, Strategic Partners IX (SP IX), and inaugural GP-led continuation fund strategy, Strategic...
Savills expects global investment activity to rebound in H2 2023
In its global real estate outlook for 2023, Savills says that it expects investment activity to rebound in the second half of 2023, as...
LGIM Real Assets launches US real estate equity platform
Legal & General Investment Management Real Assets (LGIM RA) has announced the launch of a dedicated real estate equity platform in the United States. The...
Ivanhoé Cambridge buys last-mile logistics asset in Munich
Canadian real estate company Ivanhoé Cambridge has acquired its first last-mile logistics facility in Munich, Germany, with his partner URBZ Capital, an investment and asset...
Vantage to develop £500m London data center campus
Vantage Data Centers, a provider of hyperscale data center campuses, has entered the London market with the development of a 48MW £500 million campus....
Disruption brings real estate opportunities: Hines 2023 global outlook
Following the turbulence in 2022, opportunities will abound this year due to repricing, continued outperformance of high-quality office assets, and deflation in some key...
QuadReal, Précis Capital form £1bn partnership
Global real estate investor QuadReal Property Group has acquired an interest in UK real estate development loan company Précis Capital. QuadReal will commit up to £1...
University of California to invest $4bn in Blackstone REIT
The Office of the Chief Investment Officer of the Regents of the University of California (UC Investments) and Blackstone have formed a long-term...
URW divests property in Los Angeles for $325m
Unibail-Rodamco-Westfield (URW) has sold The Village, an outdoor lifestyle destination in the San Fernando Valley of Los Angeles, to the Kroenke Organization for $325 million. The...
Fifth Wall closes largest property technology fund to date at $866m
Venture capital firm Fifth Wall has closed its latest property technology (proptech) fund, Real Estate Technology Fund III, at $866 million. Fifth Wall said this...