Managers

Is now the time to buy a debt fund?

The rising popularity of real estate debt generates M&A opportunities, but the lack of independent debt fund businesses limits the scope for consolidation.

Korean investors push deeper into Europe with more value-add bets

South Korean investors deployed €1.18bn in Europe in the first five months of the year, even amid a drop in the overall Asian outbound investment volume, according to Savills.

Colony to sell RE secondaries portfolio to Goldman, Landmark – Exclusive

The Los Angeles-based investment firm is understood to be mulling the sale of its remaining real estate fund interests.

Savanna sells minority stake to investor consortium – Exclusive

The transaction represents the first investment by Hodes Weill’s principal investing platform, Tunbridge.

HNA’s global real estate sell-off touches $8.6bn

The Chinese conglomerate has been selling real estate holdings as well as stakes in major global hotel operators such as the Radisson Hospitality deal, which was announced this week.

Maryland SRPS engages Evercore for potential sale

The US pension is exploring options to sell stakes from its $8.4bn private markets portfolio.

Angelo Gordon corrals $1.9bn in first close for tenth fund – Exclusive

One limited partner considers Fund X to be value-add, although it classified the vehicle’s predecessor as opportunistic.

WATCH: Big data is watching you

Among property types, retail is the most advanced in its usage of data, with landlords embracing consumer tracking to shape investment strategy, says CBRE Global Investors’ co-head of research.

UK rate raise ‘significant yet unsurprising’

Last week’s 25 bps increase has little effect on real estate, and the asset class is prepared for further hikes, observers say.

Behind Blackstone’s $4.8bn real estate take-private

The New York-based alternative asset manager beat out eight other private equity firms to buy LaSalle Hotel Properties – a deal that is up for shareholder vote next month.

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