Sector Investment 3 Days

Last updated: June 25, 2026, 2:30 AM ET

Real Estate

Prologis launched a hostile bid for rival UK REIT Segro, seeking to acquire the company after its board "unequivocally" rejected an initial offer. The US logistics giant is now taking its case directly to Segro's shareholders, signaling a significant potential shift in the UK industrial property market. In a related move, the LA Fire and Police Pension system is considering building its allocation to niche real estate strategies while scaling back its public REIT exposure. This strategic re-evaluation comes as the pension fund aims to deploy capital effectively within the current market cycle. Meanwhile, Canadian pension PSP reported a $1.5bn real estate loss in fiscal 2026, attributing the portfolio's -7.3% return to residential oversupply and domestic immigration policies, prompting a potential pivot toward infrastructure.

Schroders’ head of Asia real estate is stepping down less than a year after joining the firm, intending to remain in an advisory capacity. This departure coincides with a period of strategic reassessment within the real estate investment sector. Dutch investor Bouwinvest is proposing a reciprocal tax framework to stimulate cross-border pension investment, an initiative its CEO described as unprecedented for the group. This move highlights efforts to facilitate international capital flows into real estate. Separately, firms ranking among the largest non-bank lenders to UK real estate are contributing to a stress-testing exercise by the Bank of England, shedding light on the interconnectedness of private markets and financial stability.

South Korean investment bank KB Securities is actively seeking new partnerships with global general and limited partners, signaling an openness to various collaborative structures in the real estate sector. This outreach suggests a proactive approach to identifying investment opportunities and expanding its network. At Madison International, founder Dickerman's future successors have been named following a multi-year selection process, though three senior executives have departed the secondaries manager. This leadership transition may signal evolving strategies within the firm. The Dutch investor's CEO also explained the significance of the group’s first-ever proposal for a reciprocal tax framework to boost cross-border pension investment.

Infrastructure

Conifer Infrastructure's debut fund has closed at its hard-cap of $900 million, targeting a net internal rate of return of 25%. The fund has already committed approximately $190 million across several platforms focused on hydroelectric, biogas, and helium opportunities. Seraya has reached the halfway mark for its second infrastructure fund, which aims to raise $1.5 billion. These developments underscore strong investor appetite for infrastructure assets. The European Bank for Reconstruction and Development (EBRD) is eyeing infrastructure as the next frontier for nature finance, indicating a growing trend of integrating environmental considerations into infrastructure investment strategies.

Allianz Global Investors is increasingly focusing on infrastructure secondaries, with its co-heads identifying "a lot of attractive opportunities" in the market, which has seen significant growth. This strategic emphasis reflects a broader trend of institutional investors seeking diversified entry points into infrastructure. The Japan Science and Technology Agency has also begun to invest in infrastructure secondaries, further validating the appeal of this segment. Meanwhile, infrastructure funds are heralding Uniper's recovery, suggesting a positive outlook for the sector's potential.

The pipeline for infrastructure deals remains active, with I Squared Capital's APAC platform, Ares' new infra debt head, and Stonepeak's pipeline exit among notable developments. These activities point to ongoing deal-making and strategic repositioning within the global infrastructure market. Energy costs are also bringing renewables into sharper focus, with real estate managers considering how renewable energy can mitigate risks exposed by volatile energy pricing and supply chain fragility, particularly in light of recent geopolitical events.

Healthcare & Private Equity

LLR Partners has completed a strategic investment in Axis Care, a provider of home healthcare software. This move signifies LLR's commitment to the healthcare technology sector and its potential for growth. Ian Gardner and his wife developed a solution for coordinating perinatal care after experiencing difficulties assembling a holistic care team during pregnancy, highlighting an unmet need in the market. This personal journey has led to the creation of a comprehensive platform addressing the complexities of prenatal and postnatal care.