Goldman Sachs Asset Management has raised $3.5 billion for its Real Estate Investment Partners program (REIP) from a diverse group of institutional and high-net-worth investors.
REIP will invest with a global mandate, focusing on core-plus and value-add opportunities in real estate, and has made a number of investments in sectors including logistics, residential and office buildings.
“This fundraise reflects the strength, track record and breadth of our global real estate platform,” said Julian Salisbury, global co-head of Goldman Sachs Asset Management. “Our tenured team has navigated complex changes in the real estate market over multiple cycles and produced strong outcomes for our clients. We are focused on delivering consistent risk-adjusted returns for investors and are grateful for their continued support and partnership.”
Goldman Sachs Asset Management is the primary investing area within Goldman Sachs, delivering investment and advisory services