Fundraising

Chinese duo to create $4.5bn logistics powerhouse

Chinese pair Suning Commerce Group and Shenzhen Capital Group are aiming to create a RMB 30 billion ($4.5 billion; €3.8 billion) logistics platform after pairing up to acquire retail giant Suning’s mature warehouse facilities and other high-standard logistics properties. The pair announced that they have set up a vehicle which will initially raise RMB 5 […]

Gaw holds $250m first close for US fund

The Hong Kong-based firm launched the vehicle in the second quarter with a $350m target.

Brookfield closes BREF V at hard-cap – Exclusive

The Toronto-based alternative asset manager’s vehicle is on track to be the largest real estate debt fund to close this year.

Basis in $180m initial close for debut RE fund – Exclusive

The New York-based woman- and minority-owned private equity real estate firm has received the backing of several major US pension funds.

City-focused fund strategy reaping rewards for TH Real Estate

TH Real Estate has collected an extra €422 million of equity from five institutional investors for its latest European property fund, saying the vehicle “resonated” with investors because its city-focused approach looked beyond short-term cycles. The London-based investment manager, owned by US investor TIAA, launched the open-ended, core European Cities Fund in March last year […]

PERE Global Awards: time to roll out the red carpet

It’s that time of the year again, when the spotlight falls upon the titans of the global private real estate market as we introduce the 12th PERE Global Awards.

Apollo European NPL fund launches €1bn JV with Palmira

The New York-based credit investment behemoth’s European Principal Finance Fund III has raised more than $4bn.