Cantoblanco Campus
The manager is rebuilding its PBSA portfolio in the country more than a year after selling the RESA platform it had built up between 2017 and 2022.
Waverock office in Hyderabad.
The Munich-based mega-manager is reducing its exposure to India and China to redeploy the proceeds into the region’s more developed markets.
Seoul Korea VIG buyout growth capital
Despite the more positive outlook for the sector at a pan-Asia level, organizations from the US and Europe are still taking opportunities to reduce their exposure to the region.
The concentration of bond financing issued by the country’s REITs makes it a target for potential acquisitions in the coming months.
The commitment from the real estate investment arm of the Swiss banking giant has been invested in portfolio company Placefirst.
Atrium view of the shops and restaurants at Hudson Yards
The former Neiman Marcus retail space, which Wells Fargo acquired for $550m, will become the sole office space in the retail property.
The firm plans to lower the vehicle's exposure to offices by 15-20% as it seeks to top up its allocation to multifamily and logistics.
Exits include its shares in Chinese logistics company CNLP and all of its non-performing loans in the country.
Mergers and acquisitions are down as the market stalls, but stake sales are still happening, albeit more slowly than usual, says Drew Murphy, partner and head of real estate at Berkshire Global Advisors.
You have until November 17 to tell us which firms and individuals made the biggest marks in a year stifled by difficult macroeconomic conditions.
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