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How Brookfield is handling retail tenant bankruptcies

The global real estate manager said while tenant bankruptcies have resulted in a $150m loss since 2018, it has a plan to reposition its retail portfolio with more resilient tenants.

Castleforge gathers £200m for Brexit-related opportunities – Exclusive

The London-based firm's first close on Castleforge Partners Fund III already makes the vehicle more than 85% the size of its predecessor.
World

Currency devaluations subdue growth in global real estate market – MSCI

Growth in the global real estate market was muted across almost all countries in 2018 because of currencies depreciating against the US dollar, according to a July report by MSCI.
Frankfurt am Main

Kennedy Wilson hires head of European fundraising

Audrey Klein is the latest executive to leave Corestate Capital, where she has worked as managing director of international institutional clients for the past 18 months.
In 2018, Texas Teachers' Retirement System committed $3.5 billion to principal real estate investment, compared with $2.3 billion to real estate funds

Texas TRS dials up principal investing in real estate

In 2018, the $150 billion pension plan committed $3.5 billion to the investment strategy, compared with $2.3 billion to real estate funds.
Europe

Harbert closes fifth Euro fund on €662m – Exclusive

Fund V is the Alabama-based manager's largest in its European series and is nearly the double the size of its predecessor.
Hong Kong Colliers

Barings plots corporate acquisitions route for Asia entry – Exclusive

The MassMutual subsidiary has expanded the remit of Europe CEO Charles Weeks to spearhead its expansion in the East and identified M&A is a viable route.

Henderson Park proves execution speed can drive a record fundraise

Nick Weber’s first-time fund manager has been propelled by its $2.7bn a year run-rate at a time of deployment worries.

From Whitehall to Broad Street and back again

Goldman Sachs has had a roller-coaster ride with private equity real estate since punching lucrative returns through its Whitehall Street funds. More than a decade later, the bank is going back to fundraising.

TPG and Round Hill expand European RE partnership

The two managers have embarked on a second venture in the region together, this time in the German student accommodation sector.
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