The commitment from the real estate investment arm of the Swiss banking giant has been invested in portfolio company Placefirst.
The manager closed on an additional $2bn for its latest real estate opportunistic fund during Q3 2023 amid a pick-up in transaction activity.
EU flags in front of European Commission building in Brussels
The recent launch of two Article 9 transition funds demonstrates how real estate’s understanding of the SFDR classification is evolving.
Stonelake logistics asset in Pheonix. Source: Stonelack
The Texas-based manager has bucked a wider private real estate capital market malaise by hitting the $746m hard-cap for its latest Sun Belt states logistics-focused vehicle.
Pere Fundraising report Q1-Q3 2023
If fundraising continues at its current place, the year is on track to end with the lowest amount raised since 2012.
The investor has announced $1bn of commitments across two direct private real estate funds within the past year.
The macroeconomic climate may not have created optimal investment conditions, but the ranking reached a new fundraising milestone in H1 2023.
Patrizia’s leaders say the departure of key men Paul Hampton and Charles-Nicholas Tarriere constitutes ‘an excellent reboot’ for the firm’s long-standing TransEuropean funds.
You have until November 17 to tell us which firms and individuals made the biggest marks in a year stifled by difficult macroeconomic conditions.
The specialist UK residential manager attracted the majority of capital for the build-to-rent fund from local government pension schemes.
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