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PERE America: Blackstone’s Meghji highlights US focuses

Urbanization and technology underpin the firm’s real estate strategy, its head of Americas said at last week’s annual New York conference.

MünchenerHyp re-enters US market

The German mortgage bank plans to lend again in the US through loan participations in the syndication market.

BlackRock calls time on fundraising for Asia Fund IV at $500m – Exclusive

The US asset manager has closed its first Asia higher-returning real estate fund since it took over MGPA in late 2013 at a just over $500m.

TH Real Estate to launch non-traded REIT – Exclusive

The TIAA subsidiary plans to join Blackstone and Starwood Capital Group with a US-focused permanent capital vehicle that could raise up to $5bn.

KKR targets SMAs to safeguard future fundraising

The firm is seeking to increase the number of multi-decade strategic partnerships to assist future fundraising cycles across asset classes.

EXPO Real: Back in the game

In the aftermath of the UK’s vote to leave the EU, Germany has become Europe’s top pick for property investment. But it remains to be seen how long its advantage will last.

Oppo funds must control the basis on entry

The risk of overpaying for core property must not be replaced with overpaying for core-plus dressed up as value-add or opportunistic.

Benjamin: ‘cycle advanced but not calling market’– Exclusive

US asset manager Ares Management has just completed €725m of exits in Europe but real estate head Bill Benjamin insists the firm has appetite to keep investing in the region.

Aareal finances Henderson Park’s £500m UK hotel debut

The German bank provides a £330m loan secured by hotels in Hilton London and Birmingham.

Patrizia plots Japanese REIM within 8 months – Exclusive

Following its administrative tie-up with Tokyo-based Kenzo Capital Corporation in August, the German manager is eyeing the establishment of its own management operation in Tokyo in early 2018.