Charlotte D'Souza
There may be a swath of real estate firms seeking a capital partner to stay competitive, but only those with targeted growth plans are catching investors’ attention.
The investment is understood to be the pension fund’s first stake acquisition in a European real estate manager.
The Swedish manager hires a 26-year McKinsey veteran to spearhead the firm’s growth in real estate and beyond.
The vehicle is on track to be one of the largest Europe-focused first-time real estate funds upon final close, which is expected by mid-2026.
The LGPS pool has pledged $90m to a fund managed by Heitman as it continues to build out its global real estate portfolio.
The combination of two UK property funds will create a £4.7bn platform amid shifting preferences from domestic pension schemes.
Setting an upper limit for a vehicle’s size still serves an important purpose in today’s tough real estate fundraising market.
The manager is raising a dedicated vehicle in the sector, alongside separate US- and Europe-focused flagship funds for the first time.
The executive has left the Bavarian pension fund group after more than 21 years overseeing its real estate investment activities.
Allocations in aggregate may have withstood the turbulence of the era, but investors have had to adapt their approach.