Fundraising

The Singapore-based global investment manager has closed a Japan-focused real estate fund.

The real estate investment arm of Prudential attracted first-time limited partners to the fund partly on strong past performance.

The firm has wrapped up fundraising at a time when repositioning existing assets is poised to become a major theme for this year.

The core index that serves as the industry benchmark for many real estate portfolios is expected to record the largest single-year return in its history.

The New York firm has raised the largest dedicated US real estate debt vehicle since the beginning of the pandemic.

The New York-headquartered private equity investment firm has closed its inaugural Asia real estate fund.

The Toronto-based firm has attracted $4bn in commitments from more than 50 investors for Brookfield Real Estate Finance Fund VI, twice as much as the second-biggest debt fund.

Retrofitting existing assets to meet current ESG or tenant requirements will call for managers to raise new pools of capital.

The $293bn manager launched its ninth real estate fund in January with a $6bn target.

The UK-based manager has established its own framework to measure impact for its impact real estate funds slated for next year.