The PERE Podcast

Retail’s real estate resurgence is in the spotlight again as a pair of massive private-equity-backed deals target neighborhood shopping centers across the US. On the heels of Blackstone ’s $4 billion take-private deal involving 93 grocery-anchored strip malls, fellow investment giants Goldman Sachs Asset Management and Ares Management are getting in on the action as well. As PERE reported last wee...

Against a backdrop of existential challenges to the decarbonization agenda in both the US and Europe, the 10th episode of The PERE Podcast examines whether the real estate industry is, as a consequence, shying away from its sustainability commitments. Listen as Lucy Scott, deputy editor of Real Estate Capital Europe; Randy Plavajka, deputy editor of PERE Credit; and Guelda Voien, editor of PERE De...

Achieving fundraising targets and substantially growing capital commitments from one vehicle to the next have become rare feats for private real estate managers, especially those lacking lengthy track records to fall back on. So when an emerging manager not only outraises its initial target by over 40 percent, but also quadruples the size of its predecessor vehicle, it is well worth a closer look....

The annual MIPIM conference in Cannes is an important barometer of sentiment for the global real estate market. This year, seven of PERE’s journalists held a combined 100 meetings with leading managers in the real estate industry, spanning both the equity and debt markets. This access to a wide concentration of viewpoints provided the team with insight into how industry stakeholders are really thi...

American private equity has been storming into the UK-listed property sector this month with a series of takeover bids. On Monday,  KKR  and New York-based  Stonepeak  intensified their pursuit of London-listed healthcare real estate investment trust Assura, with the two managers advancing a £1.6 billion ($2.1 billion; €1.9 billion) cash offer. Meanwhile, Blackstone and Sixth Street sweetened thei...

On the heels of Real Estate Capital’s deep-dive analysis of the emergence of back leverage in European property markets, a new episode of The PERE Podcast looks at how this form of finance will reshape the way real estate debt funds provide loans on the continent. A common feature of the US market for some years, the increasing use of back leverage by banks and alternative lenders in Europe is not...

Apollo Global Management ’s agreement to acquire Utah-based Bridge Investment Group, announced earlier this week, is set to create a $110 billion combined real estate platform, growing Apollo’s AUM in the sector by 40 percent. This is a step change for the manager, helping it to scale its equity business – which focusses on residential and logistics – to its existing and sizeable credit business....

Investment manager Barings ’ agreement to acquire value-add specialist Artemis Real Estate Partners creates a combined $60 billion real estate behemoth that is well-suited to reap the benefits of a US market recovery. It also represents a major endorsement of Artemis, one of the sector’s largest women-founded firms, led by industry trailblazer and co-CEO Deborah Harmon. On this episode, PEI Group...

New York offices are having a moment. As the ink dries on a pair of billion-dollar refinancing deals at 3 Bryant Park and the MetLife Building , the city's office sector may soon receive its most momentous vote of confidence yet, with bellwether investor Blackstone reportedly in talks to acquire a major stake in the 50-story tower at 1345 Sixth Avenue. All of this leads to a central question: Is t...

New York-based private equity giant KKR has reorganized its real estate and infrastructure businesses under a unified real assets platform with a combined $137 billion of assets under management. In this inaugural episode of The PERE Podcast , editor-in-chief of real estate for PEI Group Jonathan Brasse, PERE editor Evelyn Lee and PEI Group’s infrastructure editor-in-chief Bruno Alves dig into the...

A number of new or emerging managers are attempting to grab market share as the next private real estate capital market cycle takes form. In this episode, PERE editor Evelyn Lee and Jonathan Brasse, editor-in-chief of the real estate for PEI Group, discuss firms on the fast track to industry prominence, and what their challenges tell us about the sorts of organizations jostling for position in the...

The PERE podcast is a weekly discussion between members of our senior editorial team providing you with analysis-led commentary about the biggest events in private real estate capital markets around the world. Our discussion spans formation, strategy and deployment and draws from the ongoing coverage of PERE, PERE Credit and PERE Deals. Listen at www.perenews.com/podcast or subscribe wherever you...