The Blackstone Group and Morgan Stanley Real Estate are the world’s largest private equity real estate firms, according to the PERE 30, a new ranking of private equity real estate firms pr
The Blackstone Group and Morgan Stanley Real Estate are the world’s largest private equity real estate firms, according to the PERE 30, a new ranking of private equity real estate firms produced by Private Equity Real Estate magazine, part of the PEI Media group.
Together Blackstone and Morgan Stanley have raised more than USD36bn in private equity real estate direct-investment capital between January 2003 and mid-April this year, out of a total of USD190bn for all the 30 largest firms.
The magazine says this is the first ranking of private equity-style real estate funds using an apples-to-apples methodology. Says associate editor Zoë Hughes: ‘With real estate growing rapidly as an institutional asset class, these 30 firms are primed to continue growing at a tremendous rate and influencing real estate markets around the world.’
This year’s PERE 30 firms are:
1 Blackstone Group
2 Morgan Stanley Real Estate
3 Tishman Speyer
4 Goldman Sachs Real Estate Principal Investment
5 Colony Capital
6 Lehman Brothers Real Estate
7 Carlyle Group
8 ProLogis
9 Beacon Capital Partners
10 LaSalle Investment Management
11 MGPA
12 AEW
13 Rockpoint Group
14 Apollo Real Estate Advisors
15 CB Richard Ellis Investors
16 Rreef Alternative Investments
17 Grove International Partners
18 Shorenstein Properties
19 JBG Companies
20 Citigroup Property Investors Capital Partners
21 JER Partners
22 Walton Street Capital
23 Heitman
24 Aetos Capital
25 KK daVinci
26 Lubert-Adler
27 Starwood Capital
28 Fortress Investment Group
29 DLJ Real Estate Capital Partners
30 RLJ Development
