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Evelyn Lee

Evelyn Lee is the News Editor for PEI Media’s real estate-focused publication, PERE, overseeing global news coverage for both PERE Magazine and PERENews.com. Based in New York, she works closely with reporters and editors across PEI’s offices in New York, London and Hong Kong, and helps to co-ordinate shared content with PEI’s other private markets titles. Prior to joining PEI in 2011 she covered commercial real estate, economic development and environmental issues at NJBIZ, a New Jersey-focused business publication

Almanac closes eighth fund at over $2bn – Exclusive

With its latest capital raise, the New York-based private equity real estate firm has made its biggest leap in fund size in the history of the series, which launched in 1996.

How does BlackRock make its real estate offering relevant?

Having often struggled to raise capital over the past five years, the firm will need to do more than just launch new products to expand its property business as it really wants to.

Investors continue to move up the risk spectrum

While a growing percentage of institutions are targeting value-add and opportunistic investments, interest in core strategies has declined for the first time in five years, according to a new report.

BlackRock aims to double real estate AUM in five years

Despite static asset value and senior departures, the world’s biggest asset manager is eyeing aggressive expansion, with US value-add commingled funds one strategic target area.

BlackRock global RE head to depart – Exclusive

Marcus Sperber is the fourth senior executive to leave the New York-based asset management giant’s property business in the past two years.

Investors respond to Carlyle closing its Asia RE business – Exclusive

At least one limited partner was ‘surprised’ by the firm’s decision to pull the plug in the region and concerned that the spun-out team needs greater incentivization.

‘This is our second chance to get this right’

Ex-Morgan Stanley bosses Sonny Kalsi and John Carrafiell take nothing for granted after investors gave them another go at running a private equity real estate firm. 

Slowly moving the needle on sustainability

Institutional investors still have room for improvement in terms of ESG adoption, but the progress that has been made thus far has been encouraging.

Unpacking the financials behind sustainability

Although some progress has been made, quantifying the impact of green practice on real estate investments remains difficult to do.

CBRE GI closes latest Europe fund at €1bn – Exclusive

The Los Angeles-based real asset investment manager’s new fundraise is part of a total $3.5bn raised for its value-add platform globally over the past two years.

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