Harrison Street raises $425m for open-end real estate, infra fund – Exclusive

The Chicago-based manager has invested its first $220m for the strategy in campus housing and renewable energy.

Weinberg back in real estate after reboot

The French asset manager, which lost its RE team last summer in a spin-out, is back in the market with a new executive lineup.

In Europe, real estate fundraising sees fewer ‘haves’

This year has already seen early successes for European funds, but the challenging capital raising environment of 2018 has not gone away.

India’s first REIT clears fundraising hurdle

The Blackstone and Embassy-backed REIT marks a new investment product for investors in India. The next litmus test will be the type of returns it can generate.

AEW’s LOGISTIS fund is extended again following €750m raise – Exclusive

The Boston-headquartered manager has now collected €2.3bn in total equity for its long-standing pan-European vehicle.

RBC enters private real estate with $800m fund – Exclusive

The asset management arm of the Canadian Bank has launched its first product in the sector in partnership with BCI and its subsidiary QuadReal.

Pamfleet raises $435m for latest fund on upsized pension allocations – Exclusive

Around 40% of the capital raised by Pamfleet for its third value-add fund has come from this investor type.

Benson Elliot closes Fund V above target – Exclusive

Benson Elliot has closed its fifth real estate fund on a total of €836 million, exceeding its €800 million target, PERE has learned. The London-based private equity real estate firm launched Benson Elliot Real Estate Partners V, which had a €850 million hard-cap, in 2017, according to a filing with the Securities and Exchange Commission. By April 2018, Benson Elliot had raised €600 million in the first close for the fund, PERE previously […]

Virtus holds $223m first close for ‘cycle-resilient’ fund – Exclusive

The Austin-based alternatives property investment manager aims to raise $500m for its third value-add fund, Virtus Real Estate Capital III.

When a fund manager like Lone Star aims lower

Targeting a smaller vehicle goes against the trend of firms able to raise successively larger funds. There are benefits – and risks – in doing so.

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