Kyle Campbell
Tishman Speyer CEO Rob Speyer walks PERE through ‘one of the most active and acquisitive periods’ in his company’s history.
Investors continue to back the Chicago-based firm's Asian Opportunity Fund series despite Mark Gabbay's departure as key man.
The New York manager is not tied to a specific allocation strategy for REPA III, and that is the way investors like it, the firm says.
The close is a record for the Chicago-based firm, which is expanding into data centers and single-family rentals with its latest vehicle.
The firm is raising the $1.75bn hard-capped strategy as a series of separate accounts that could be joined together at a later date.
Dean Shapiro, Oxford's head of US development, tells PERE the firm made an exception in selling St. John's Terminal to its tenant for $2.1bn.
Even after closing its ninth value-add fund on $2.3bn, the Dallas-based firm remains committed to its property-by-property approach to deployment.
As the single-family rental space grows in popularity with institutional investors, strategies centered on affordability are gaining traction, too.
Single-family rental homes are fast becoming a favorite property type for institutional capital. But investing in the space requires enduring negative media.
The Toronto-based firm’s CEO says plans to generate $25bn by monetizing its BPY holdings will not include its assets in the two troubled sectors.