Real Estate Funds
Trez Capital’s $77M super week
Trez Capital had a great week, raising $77M cross 8 funds during the week of April 3rd, 2023.
Starlight Canadian Residential Growth Fund III closes at $1.2B
Starlight Canadian Residential Growth Fund III, Starlight Investments' third co-mingled fund focused Canadian multi-family sector, secured $1.2B in capital commitments from Canadian and foreign investors.
Slate Canadian Real Estate Opportunity Fund II final closes at $572M
Slate Asset Management held final close for Slate Canadian Real Estate Opportunity Fund II (SCREO II) with $572M in total committed capital.
Brookfield closes Brookfield Real Estate Finance Fund VI at US $4B+
Brookfield Real Estate Finance Fund VI (BREF VI) final closed with US $4B capital commitments from 50 LPs from US, Canada, Europe and Asia Pacific. Brookfield committed US $400M to BREF VI.
Axia Real Assets closes inaugural $50M Axia U.S. Grocery Net Lease Fund I
CI Financial backed Axia Real Assets LP closed Axia U.S. Grocery Net Lease Fund I raising $50M from Canadian and foreign investors. CIBC World Markets Inc. acted as lead agent and Stikeman Elliott LLP acted as legal counsel.
Brookfield closes Brookfield European Real Estate Partnership at €1.14B
Brookfield Asset Management held final close for its first European core-plus real estate fund, Brookfield European Real Estate Partnership (BEREP) at €1.14B.
Brookfield European Real Estate Partnership holds €725M initial close
Brookfield Asset Management held an initial closing of its first European core-plus real estate fund, Brookfield European Real Estate Partnership (BEREP), with €725M committed capital
Brookfield Strategic Real Estate Partners III final closes at US $15B
Brookfield Asset Management held final close for Brookfield Strategic Real Estate Partners III with US $15 billion total committed capital
Bentall Kennedy High Yield Canadian Property Fund I first closes at $145M
Bentall Kennedy High Yield Canadian Property Fund I held $145M first close with $115M from BC, Ontario, Quebec institutional investors, $30M from Sun Life. Blakes acts as legal counsel.
Northern Investment Partners to invest $160M in wholesale data centers
Northern Investment Partners, partnering with M Capital Group, plans to invest up to $160 million or US $120 million in equity in Canadian wholesale data centers.
