Real estate

Real estate fund recaps headed for ‘turbocharged’ year

As managers and investors continue to struggle with liquidity issues, it is no longer business as usual for real estate recapitalisations.

Ares: Real estate secondaries deal volumes hit new record in 2022

Deal activity for the asset class reached an all-time high for the third year in a row due to strong growth of GP-led processes.

Private real estate sees resurgence in secondaries interest

More investors are looking to sell fund interests as the need for liquidity bites, writes James Jacobs, head of real estate for Lazard’s private capital advisory group.

Madison International Realty: We’ve moved further into the baseball game

Ronald Dickerman, founder of the direct secondaries real estate firm, thinks private real estate’s secular repricing is still several quarters away.

Three ways the secondaries market could develop in 2023

The secondaries market should continue to grow in 2023, with its biggest constraint being supply and demand. Secondaries Investor asks buyers from Apollo, BGO Strategic Capital Partners, Strategic Partners and more for their predictions.

Ares’ Landmark raises over one-third of target for real estate secondaries fund

Landmark Real Estate Partners IX has reached $1.47bn, according to a filing, against a $3.5bn target.

Mega single-asset transactions are exception to the rule – WIPM Summit

Large single-asset deals in the real estate and infrastructure sectors have been driven by specific dynamics, according to panellists at PEI Group’s Women in Private Markets Summit.

Focus on value over cost as UK pensions given pathway to greater illiquids exposure

Defined contribution schemes in the UK are forecast to grow to more than £1trn in assets by 2030.

Blackstone raises $1bn and counting for latest RE secondaries fund

The fundraising comes as its secondaries unit, Strategic Partners, eyes as much as $20bn for its latest private equity flagship.

Ares boosts real estate secondaries strategy for Asia with key hire

The firm has followed the recruitment of an Asia real estate head on the direct side with a second appointment intended to lead its indirect investments in the region.