Real estate

Secondaries are now a sophisticated capital formation tool for real estate

Investors are using secondaries to unlock liquidity, retain high-conviction assets and reposition platforms for growth.

Changing with the market

Introducing Secondaries Investor’s new and improved Advisory and Law Firm surveys – a more granular way of tracking an increasingly sophisticated marketplace.

Secondaries activity expected to pick up in H2 after bumpy first half

Ahead of first-half volume reports, secondaries advisers share their views on what the market can expect in H2 following the latest wave of macro volatility.

Summer reads: Buyers’ best picks

Secondaries Investor’s list of buyers’ top book and podcast recommendations offers something for everybody to enjoy on this year’s vacation.

Madison International names founder Dickerman’s future successors

Following a multi-year selection process, two senior executives have been elevated as eventual heads of the business, while three have departed the secondaries manager.

CalPERS’ new alts head takes sophisticated approach to secondaries

Anton Orlich, architect of the US pension giant’s PE turnaround, will now also be responsible for its private credit, real estate, infrastructure and other alternative programmes.

Partners Group holds first close for latest real estate secondaries strategy

The manager has secured more than $650m across a global program focused primarily on GP-led secondaries but seeded with an LP-led fund portfolio.

European partnership to target secondaries real estate NPL trades

Luxembourg-based APS Holding sees opportunity to acquire leftovers of larger portfolios from their original buyers.

CBRE IM: Platform-level real estate secondaries enter the mainstream

Global real estate secondaries transaction volume increased last year, with larger-scale liquidity structures a growing feature of the market, per the manager’s latest research.

Secondaries Investor Q1 2026 CV Deal Log

Q1 saw 27 CVs close, with nine involving asset classes beyond private equity.