Sector Investment 24-Hour Briefing
×Real Estate Deals & Trends
Almanac acquired a minority stake in Alterra IOS, underscoring the asset class's institutional maturation. The Middle East remains a magnet for global real estate giants, though persistent exit hurdles complicate investment strategies. Real estate M&A activity surged 40% recently, with sector specialists driving a growing share of consolidation. AIA is set to lose its reinsurance CIO after nearly a decade, a key departure for the $333bn portfolio manager. PERE research identifies reporting transparency as paramount for strong investor-manager partnerships, alongside value creation.
Infrastructure Fundraising & Challenges
Infra Via closed its latest European infrastructure fund at €8bn, surpassing its target by €1bn in roughly two years. Conversely, wind operators are grappling with earnings declines due to lower wind speeds, a headwind affecting both listed giants and private infrastructure funds.