Publications

- April 1, 2017: Vol. 11, Number 04

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Is fundraising starting to show signs of a slowdown? Not at Blackstone

by Andrea Waitrovich

As of February, The Blackstone Group had raised approximately €6.7 billion for Blackstone Real Estate Partners Europe V.

The fund launched in 2015 with a €7 billion equity fundraising target. BREP Europe V will target office, industrial, residential, retail and hospitality properties. At least 60 percent of the opportunistic fund will be invested in the United Kingdom, France and Germany, with the remainder invested throughout the rest of Europe.

In addition, a co-investment sidecar vehicle, BREP Europe V (Alberta), raised €1.32 billion for the fund, according to a filing with the SEC. With this additional fundraising, BREP Europe V has raised a total of €8.09 billion in equity commitments.

Heitman held a €267 million final close for Heitman European Residential Investment Partners, exceeding its €250 million fundraising target. The firm did not comment on its fundraising efforts.

Heitman European Residential Investment Partners, which launche

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