PERE Staff

Tenant strength, asset quality and demand drivers are increasingly shaping where real estate investors find durable income, says Morgan Stanley’s David Gross.

The European net lease market is gaining momentum and entering a pivotal phase of growth, says Cain’s Jon Strang.

Net lease real estate is growing in overall appeal, especially for global capital, says CIM Group’s Jason Schreiber.

CapitaLand Investment is slated to manage Income Insurance’s direct real estate portfolio after taking on a S$2.4bn real estate investment mandate; JEN Partners hits the hard-cap of $900m for its Fund 9 in a speedy fundraising run. In addition, PEI's Women of Influence in Private Markets program is now open to nominations; and more in today’s digest, exclusively for our valued subscribers.

This week on The PERE Podcast, market participants are grappling with more economic noise as they try to fund and rework capital stacks during a period of rising costs and risk spurred by global geopolitical issues and their local repercussions.

Tell us who you think should be included in our sixth annual list, which celebrates the achievements of women working across the alternatives ecosystem.

Hodes Weill enters an agreement to be purchased by Chatham Financial as it aims to expand in infrastructure; KingSett Capital is acquiring First Capital REIT, absorbing C$4.4 billion of shopping center-anchored assets in the process; the world’s largest public pension fund GPIF is allocating ¥10 billion ($67 million; €61 million) to Phoenix Property’s flagship opportunistic fund, focusing on Japan investments; and more in today’s digest, exclusively for our valued subscribers.

The past week was marked by a slew of M&A activities across sectors and borders. Ares is completing its second REIT privatization this year, acquiring Whitestone and absorbing a US necessity retail-backed portfolio. Prologis is launching a new pan-European logistics vehicle through a joint venture with La Caisse, aimed at driving growth with an existing €1 billion portfolio. Meanwhile, Federated Hermes completed a $331 million deal last week to acquire an 80 percent stake in FCP; and more in today’s digest, exclusively for our valued subscribers. 

In an exclusive interview on The PERE Podcast, the $60bn market cap REIT’s CEO explains why private fundraising will now fuel the listed property specialist's growth plans.

Ares Management closed two flagship value-add funds in the US and Europe, respectively, attracting $5.4 billion in capital commitments and demonstrating improving investor appetite; Carmel Partners is prioritizing acquisition opportunities over development for its ninth value-add fund, which attracted $1.35 billion in equity. Elsewhere, Sun Life cements its growth ambitions after completing the acquisition of remaining interests in BGO and alternative credit manager Crescent Capital Group; and more in today’s digest, exclusively for our valued subscribers.