
Partners Group exceeds $800m with real estate fund
Partners Group has closed its Global Real Estate 2011 program at more than $800 million.
In 2011, the Swiss alternative investment giant proactively sourced around 2,200 investment opportunities worldwide and executed 43 of them.
"The demand for our program demonstrates the continued strong interest in global real estate exposure by leading institutional investors who seek diversification and attractive returns at a time when core and trophy properties are over-priced again in many of their home markets," said Co-Head of Private Real Estate Claude Angéloz.
Pamela Alsterlind, also Co-Head of Private Real Estate, added that global real estate markets provide a wide variety of attractive investment opportunities, mainly due to the continued distress in developed markets like Japan, the US and Europe, as well as the growth potential in Asia-Pacific and Latin America.
Partners Group evaluates the global opportunity set every six months, and currently overweights secondary investments in areas where it sees exceptional dealflow, increasingly through purchases of assets in the secondary market. The investor is also a provider of real estate debt and preferred equity to borrowers and owners.
The close of Partners Group Global Real Estate 2011 comes after the firm invested into a Thai company that provides utility-scale wind farms earlier this month. Other investors in the Wind Energy project are corporates including Chubu Electric Power Company, Ratchaburi Electric Generating and Demco.
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