Real estate

Kline Hill nears $1bn capital raise across three funds

The firm is expected to hold the final close on its latest programme before end-June.

Blackstone’s Mileway deal shows lines blurring in RE secondaries

The €21bn transaction is the second large recap the firm has done in five months that utilised little or no secondaries capital.

Landmark sees record volume, number of RE secondaries transactions

Large recapitalisations and a rebound in LP portfolio transactions drove real estate secondaries to the highest mark yet.

LPs view continuation funds as a ‘game changer’ for PE – Coller Winter Barometer

As private equity secondaries become more commonplace, a clear rationale for the value a transaction creates is key.

Appetite for RE secondaries grows with its increasing relevance – Lazard

Appetite for secondaries rises as more investors recognise it as way to increase exposure to real estate, according to James Jacobs, head of real estate for Lazard’s private capital advisory group.

Brookfield passes halfway mark for debut RE secondaries strategy

The alternatives giant has closed at least three balance-sheet real estate secondaries deals prior to launching a formal fundraise for the strategy.

Argosy Capital raising first institutional secondaries fund amid industry-wide expansion

Several firms have added secondaries capabilities, either by building in-house groups or acquiring outside firms, like Ares Management, which bought Landmark Partners earlier this year.

Investcorp backs $261m BKM recapitalisation

The firm has used the secondaries market to institutionalise its investor base and is increasingly appearing as a buyer in real estate deals.

Brookfield backs recap as it hits RE fundraising trail

The process involving Elion Partners is at least the third sizeable deal executed by Brookfield since entering the real estate secondaries market last year.