real estate

Strategic Partners Real Estate VII is targeting very mature assets in major cities, with potential for a quick sale.

The Carlyle Group subsidiary's Sarah Schwarzschild and David Lei discuss drivers of RE secondaries deals, GP-led transactions in the asset class and their approach to Brexit.

Deal volume in the asset class fell almost 40% during the period – a dip which is expected to be temporary.

Ian Charles, a partner and secondaries market veteran, is leaving the private equity and real estate secondaries firm to launch his own venture.

Partners Group Real Estate Opportunities 2019 will target secondaries and direct opportunities.

Melissa Ackermann, who joined investment firm Multiplicity Partners in June, discusses the opportunities in out-of-favour real estate secondaries deals.

Melissa Ackermann will bolster Multiplicity’s deal-sourcing activities in the asset class.

The firm entered the real estate secondaries market in 2017, bringing in Deutsche Bank's Scott Koenig to lead the build-out.

The bank’s real assets asset management arm has completed the recapitalisation of Avanath Capital Management’s 2010-vintage fund.

The fund's predecessor, the 2016-vintage, $894m Vintage Real Estate Partners, had achieved net IRR of 35.9% as of 31 December.