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Private Real Estate Daily

from Private Wealth Daily

The edition as it went to readers: 5 stories.

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The lead

KPERS commits $100 million to EQT Exeter U.S. industrial value-add Fund VII

The fund's $6 billion maximum size is $1.2 billion above the $4.8 billion final close of its predecessor.

The Wrap

Avison Young counts $3.4T U.S. manufacturing pipeline, with $500B committed to active projects

Roughly two dozen of the 124 proposed or announced projects are under construction.

Fundraising

Lightstone DIRECT's Godbersen: HNW investors want deal access and sponsor co-investment

The chief growth officer says Lightstone DIRECT closes on an asset first, invests a minimum of 20 percent of the equity and owns and operates the property.

Real estate debt

S&P survey: 54% of social housing providers consider public debt within a year

The median rating across 51 public housing agencies and nonprofit developers is A+, and 86% of surveyed providers expect federal funding to be flat or lower.

Deals

Slate and One Investment Management agree to buy eight Oslo-area retail parks

Connect CRE reports Tellus Eiendom AS has agreed to sell the eight grocery-anchored centers in Greater Oslo for about €250 million, or US$279 million.

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