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Clarion acquires majority stake in Gramercy Europe – Exclusive

The transaction comes six months after the logistics fund manager completed its management buyout from Blackstone.

Weinberg back in real estate after reboot

The French asset manager, which lost its RE team last summer in a spin-out, is back in the market with a new executive lineup.

In Europe, real estate fundraising sees fewer ‘haves’

This year has already seen early successes for European funds, but the challenging capital raising environment of 2018 has not gone away.

Do private real estate M&As work?

While the success rate of such deals can be a point of contention in the industry, several factors can help to determine a transaction’s outcome.

Pamfleet raises $435m for latest fund on upsized pension allocations – Exclusive

Around 40% of the capital raised by Pamfleet for its third value-add fund has come from this investor type.

Virtus holds $223m first close for ‘cycle-resilient’ fund – Exclusive

The Austin-based alternatives property investment manager aims to raise $500m for its third value-add fund, Virtus Real Estate Capital III.

Partners Group backs Carlyle China spin-out’s $1.2bn debut deal – Exclusive

Zug-based Partners Group is understood to be the majority investor in the consortium assembled by Ascent Real Estate Investors to acquire a Beijing mixed-use complex.

An NYC icon on the verge of ownership change

The Chrysler Building, once the tallest building in the world, looks to leave the hands of sovereign wealth fund ADIC and real estate firm Tishman Speyer.

Avanath launches new development business – Exclusive

The real estate investment firm, whose investors include New York State Common, started its latest venture because of the US opportunity zone program.

Patrizia’s value-add raise comes amid thinning competition

Only 41 European value-add funds were in market last year, the lowest total since PERE began tracking the space in 2014.

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