Sector Investment 24-Hour Briefing
×Real Estate Investment Trends
LADWP plans to deploy $500 million in real estate this year to increase exposure to the asset class. ART will double its real estate program over the next five years, expanding fund investments across the US and Europe. APG is shifting focus to core real estate in Asia Pacific through open-ended funds in developed markets. BGO sees opportunity in Japan's corporate real estate as non-core assets create a deep opportunity set for investors.
Infrastructure Investment Highlights
OMERS faces performance challenges from Europe and renewables, while Norway's SWF infrastructure returns surged to 18.1 percent. Morgan Stanley Infrastructure identifies resilience in local markets, particularly transport assets uncorrelated to global trade. Basalt Infrastructure Partners sees ripe conditions for ramping up aviation leasing services. IFM Investors emphasizes core characteristics as a springboard for infrastructure success. InfraVia Capital Partners highlights specialized maritime services backed by capital intensity and long-term contracted revenues. Fengate notes North America still offers attractive long-term transport infrastructure opportunities despite intense competition.
Healthcare and Alternative Assets
Ascend Capital Partners closed its second fund with $791 million in commitments, exceeding its $700 million target. StepStone Group reports liquidity constraints and fundraising headwinds are accelerating growth in real estate investment management. Blue Owl Capital sees investors gravitating toward scale, downside protection and long-term leases amid data center volatility.
Regional Investment Activity
KKR won its third consecutive Fund Manager of the Year for Latin America, while Blackstone dominated Europe with four awards. Macquarie took Fund Manager of the Year in North America for fundraising and exit successes. Infracapital identifies shipping as the next wave in transport decarbonization after rail and EV infrastructure. Wilmington Trust reflects on how the past 12 months have changed investment flows for the energy transition.
Market Recognition and Awards
The Infrastructure Investor Annual Awards recognized top managers, institutional investors and advisory firms in their 17th year. This year's awards saw a total reshuffle of biggest achievers, with no single group taking more than three regional prizes. PERE Awards 2025 also featured few repeated winners, reflecting a year of disruption in real estate investment.
Strategic Investment Approaches
Bernhard Capital Partners sees opportunities in mid-market regulated utility carve-outs as utilities raise capital for new power infrastructure. Ridgewood Infrastructure notes the lower mid-market offers attractive value creation opportunities and exit optionality. Ascendant Capital Partners identifies hospitality market volatility as creating investment opportunities amid uneven global recovery.
Industry Leadership and Diversity
Artemis Real Estate Partners co-founder Deborah Harmon, winner of the PERE Lifetime Achievement Award, demonstrates that championing diversity and delivering strong performance are not mutually exclusive. Principal Asset Management highlights how power, scale and capital are reshaping data center investment decisions.