Money continues to flood into value-add real estate propositions at an expectation-topping pace.
Morgan Stanley Real Estate Investing (MSREI), the private real estate investment arm of Morgan Stanley Investment Management, today announced it has raised $3.1 billion for North Haven Real Estate Fund X Global, exceeding its original fundraising target and surpassing the size of its predecessor fund, North Haven Real Estate Fund IX Global.
Global interest is helping to keep commercial real estate at the top of minds. G10 investors include a sophisticated group of public and private pension funds, sovereign wealth funds, insurance companies, and individuals from around the world, with over 80 percent of the institutional capital representing commitments from existing North Haven Real Estate clients.
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