Featured in PERE: Private real estate managers rewrite the playbook
Jérôme Berenz, Head of Indirect Investments Europe.
The private real estate secondaries market continues to evolve, with investors and fund managers increasingly using secondaries as a strategic portfolio management tool rather than as a source of liquidity. New structures such as continuation vehicles are helping managers keep high-quality assets for longer while offering investors more flexibility in how they manage their investments.
In this recent PERE article, Jérôme Berenz, Head of Indirect Investments Europe at PIMCO Prime Real Estate, discusses the growing role of continuation vehicles in the real estate secondaries market:
"Fifteen years ago, extending a fund beyond its stated term was effectively taboo – today it is a recognized tool used by credible managers."
Read the full article on the PERE website to learn more about the trends shaping the future of real estate secondaries and the implications for investors: Private real estate managers rewrite the playbook
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