Charlotte D'Souza

The vehicles are the largest in their respective fund series, with US XI also the firm’s largest-ever capital haul for a closed-end real estate fund.

With its fifth European logistics value-add fund, the firm has closed the largest private real estate fund globally so far this year.

With the appointment of Anne-Jan Jager, the Southern European specialist is looking to grow its existing US platform and establish a presence in new European markets.

The manager has secured more than $650m across a global program focused primarily on GP-led secondaries but seeded with an LP-led fund portfolio.

With the Iran war exposing the volatility of energy pricing and the fragility of global supply, real estate managers consider how renewable energy can help mitigate the risks.

Following a multi-year selection process, two senior executives have been elevated as eventual heads of the business, while three have departed the secondaries manager.

The London-based residential manager has hired its first head of Europe as it looks to scale its platform on the continent.

When a private real estate manager is absorbed into a larger platform, continued performance and fundraising success is far from guaranteed.

Tracy Stroh, who has been with the Singaporean sovereign fund for 25 years, will leave the business at the end of the month.

Leveraging the global real estate footprint of its principal client bpfBOUW, the Dutch firm is for the first time offering international mandates to other institutions.