Jonathan Brasse
Jonathan Brasse is the Senior Editor, Real Estate for PEI Media’s real estate publications. He oversees the editorial output and leads the reporting team behind the sector-leading private real estate publication PERE as well as Real Estate Capital, the group’s real estate credit markets publication. Jonathan joined PEI in 2009 from UK commercial property magazine Property Week where he oversaw international news and analysis coverage.
The private real estate multi-manager is exploring the sale of its assets among other strategic options.
Partners Group and CBRE are reported to be interested in the retail real estate investment management firm’s second European fund.
The private markets investment firm has picked up five real estate fund positions from the New Zealand investor, which is looking to exit the asset class.
If Ardian’s $10.8bn means private equity secondaries have come of age, then a real estate secondaries fund would have to raise around $3.6bn to have a similar impact on its market.
The $30bn super is understood to be interested in selling a collection of real estate fund stakes. Partners Group and Landmark are said to be among the bidders.
Investors in the $265m Indochina Land Holdings II fund have opted to sell their positions at a significant discount to a Gaw Capital-sponsored special purpose vehicle after the fund was timed out.
CBRE’s Global Investors division has bought into the Tour Adria office tower in Paris’ La Defense, which was acquired last year for €450m by a consortium of French and Asian insurers.
Partners Group has built up a stake in BlackRock Asia Fund III, which has provoked criticism for its heavy weighting to Asia Square, a twin tower office development in Singapore.
In hauling almost $2bn for the Partners Group Real Estate Secondary 2013 fund, the Zug, Switzerland-based firm has raised a record amount of capital for real estate secondaries.
Partners has acquired 4m square feet of property in Finland and Sweden by buying out the investors of Niam’s 2004-vintage Nordic Fund III.
If you do not receive this within five minutes, please try to sign in again. If the problem persists, please email: