fundraising

Targeting value-add investments throughout the southeastern US, the firm had its most successful round of fundraising to date.

Including a cornerstone investment from APG, UBS Asset Management is planning to raise $330m in total equity for a residential club vehicle.

Nick Weber’s sector newcomer, whose final close is slated for early next year, got buy ratings from six different firms. 

The Sydney-based firm has raised $434m in fresh equity for its open-ended industrial vehicle in Australia that is expected to reach $2.9bn in total net asset value.

The Los Angeles-based alternative asset management firm has continued to see the majority of capital in the fund series come from overseas investors.

JPMorgan Asset Management is opening the $43bn Strategic Property Fund to foreign investors, prompting a debate between senior private real estate executives on whether a stampede of new commitments is coming.

The New York-based asset manager is expected to begin receiving commitments from overseas capital next year for its flagship property vehicle.

Once the GLP Continental Europe Development Partners I is fully invested, GLP’s total assets under management in Europe are expected to reach $7.2bn.

The Singapore-based real estate manager is targeting a minimum capital raise of $500m for its second pan Asia value-add fund.

Firms raising capital for opportunity zone funds will need to pitch an investment strategy that considers social impact and specific tenant demands too.